Switzerland: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Switzerland

The Swiss inflator system airbag market expanded slightly to $X in 2022, picking up by 3.9% against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.3% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Inflator System Airbag Production in Switzerland

In value terms, inflator system airbag production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 44%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Inflator System Airbag Exports

Exports from Switzerland

In 2022, shipments abroad of airbags with inflator system and parts thereof decreased by -7.5% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 164%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, inflator system airbag exports fell to $X in 2022. Overall, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 171%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X tons) was the main destination for inflator system airbag exports from Switzerland, with a 81% share of total exports. Moreover, inflator system airbag exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +30.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+90.6% per year) and the Netherlands (-13.3% per year).

In value terms, Germany ($X) remains the key foreign market for airbags with inflator system and parts thereof exports from Switzerland, comprising 76% of total exports. The second position in the ranking was held by the United States ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+71.0% per year) and the Netherlands (-8.6% per year).

Export Prices by Country

In 2022, the average inflator system airbag export price amounted to $X per ton, with an increase of 7.3% against the previous year. In general, the export price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 39%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.4%), while the prices for the other major destinations experienced a decline.

Inflator System Airbag Imports

Imports into Switzerland

In 2022, imports of airbags with inflator system and parts thereof into Switzerland soared to X tons, jumping by 164% compared with 2021 figures. In general, imports saw a tangible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, inflator system airbag imports surged to $X in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) was the main supplier of inflator system airbag to Switzerland, with a 91% share of total imports. It was followed by Japan (X tons), with a 1.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +2.7%.

In value terms, Germany ($X) constituted the largest supplier of airbags with inflator system and parts thereof to Switzerland, comprising 90% of total imports. The second position in the ranking was taken by Japan ($X), with a 1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +23.9%.

Import Prices by Country

The average inflator system airbag import price stood at $X per ton in 2022, reducing by -7.6% against the previous year. Overall, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 82% against the previous year. The import price peaked at $X per ton in 2021, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Japan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.7%).

Source: IndexBox Platform

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