Switzerland: Agricultural Forestry Machinery Market 2024

Agricultural Forestry Machinery Market Size in Switzerland

After two years of growth, the Swiss agricultural forestry machinery market decreased by -2.6% to $X in 2022. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Agricultural forestry machinery consumption peaked at $X in 2021, and then reduced slightly in the following year.

Agricultural Forestry Machinery Production in Switzerland

In value terms, agricultural forestry machinery production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 37%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Agricultural Forestry Machinery Exports

Exports from Switzerland

Agricultural forestry machinery exports from Switzerland rose rapidly to X units in 2022, picking up by 9% against the previous year. Overall, total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 41% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, agricultural forestry machinery exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 45% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X units) was the main destination for agricultural forestry machinery exports from Switzerland, with a 49% share of total exports. Moreover, agricultural forestry machinery exports to Poland exceeded the volume sent to the second major destination, France (X units), fourfold. Germany (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled +23.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+21.0% per year) and Germany (-5.3% per year).

In value terms, the largest markets for agricultural forestry machinery exported from Switzerland were Germany ($X), France ($X) and Austria ($X), with a combined 47% share of total exports. Serbia, the Netherlands, Italy, Poland and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 22%.

Poland, with a CAGR of +19.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average agricultural forestry machinery export price stood at $X per unit in 2022, shrinking by -3.3% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Agricultural Forestry Machinery Imports

Imports into Switzerland

In 2022, after two years of growth, there was significant decline in supplies from abroad of agricultural forestry machinery (lawn or sportsground rollers), when their volume decreased by -6.4% to X units. Over the period under review, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.4% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 30% against the previous year. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, agricultural forestry machinery imports shrank modestly to $X in 2022. In general, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank modestly in the following year.

Imports by Country

Germany (X units), Poland (X units) and Italy (X units) were the main suppliers of agricultural forestry machinery imports to Switzerland, together accounting for 60% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +24.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of agricultural forestry machinery (lawn or sportsground rollers) to Switzerland, comprising 41% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.1% per year) and the Netherlands (+1.8% per year).

Import Prices by Country

The average agricultural forestry machinery import price stood at $X per unit in 2022, picking up by 3.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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