Switzerland: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in Switzerland

The Swiss market for air conditioning machines for motor vehicles reduced modestly to $X in 2022, declining by -3% against the previous year. Over the period under review, consumption, however, recorded a strong expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Air Conditioning Machines For Motor Vehicles in Switzerland

In value terms, motor vehicle air conditioning machine production shrank slightly to $X in 2022 estimated in export price. In general, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of 146% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Air Conditioning Machines For Motor Vehicles

Exports from Switzerland

In 2022, after two years of decline, there was significant growth in shipments abroad of air conditioning machines for motor vehicles, when their volume increased by 238% to X units. In general, exports, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2019 when exports increased by 347% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, motor vehicle air conditioning machine exports surged to $X in 2022. Overall, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when exports increased by 625%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Austria (X units), Serbia (X units) and Germany (X units) were the main destinations of motor vehicle air conditioning machine exports from Switzerland, together comprising 82% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +44.5%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and Italy ($X) were the largest markets for motor vehicle air conditioning machine exported from Switzerland worldwide, with a combined 75% share of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +10.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for air conditioning machines for motor vehicles amounted to $X per unit, shrinking by -50% against the previous year. In general, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2019 an increase of 62% against the previous year. The export price peaked at $X per unit in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Serbia ($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 Austria (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air Conditioning Machines For Motor Vehicles

Imports into Switzerland

In 2022, purchases abroad of air conditioning machines for motor vehicles increased by 66% to X units, rising for the fourth consecutive year after three years of decline. Over the period under review, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 76% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, motor vehicle air conditioning machine imports soared to $X in 2022. Overall, imports saw a strong increase. The pace of growth appeared the most rapid in 2019 when imports increased by 201% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of motor vehicle air conditioning machine to Switzerland, with a 33% share of total imports. Moreover, motor vehicle air conditioning machine imports from Italy exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), twofold. Germany (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+5.4% per year) and Germany (-1.1% per year).

In value terms, Germany ($X), the UK ($X) and the Czech Republic ($X) were the largest motor vehicle air conditioning machine suppliers to Switzerland, together comprising 56% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +36.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for air conditioning machines for motor vehicles amounted to $X per unit, falling by -23.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 71%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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