Switzerland: Market for Bearing Housings Incorporating Ball Or Roller Bearings 2024

Market Size for Bearing Housings Incorporating Ball Or Roller Bearings in Switzerland

The Swiss market for bearing housings incorporating ball or roller bearings expanded markedly to $X in 2022, increasing by 12% against the previous year. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +91.3% against 2013 indices. Bearing housing with ball bearing consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Bearing Housings Incorporating Ball Or Roller Bearings in Switzerland

In value terms, bearing housing with ball bearing production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate moderate growth. The pace of growth was the most pronounced in 2016 with an increase of 51% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Bearing Housings Incorporating Ball Or Roller Bearings

Exports from Switzerland

In 2022, bearing housing with ball bearing exports from Switzerland rose remarkably to X tons, growing by 5.1% on the year before. Over the period under review, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2017 when exports increased by 37%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, bearing housing with ball bearing exports amounted to $X in 2022. In general, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2017 when exports increased by 25% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for bearing housing with ball bearing exports from Switzerland, accounting for a 31% share of total exports. Moreover, bearing housing with ball bearing exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was held by Italy (X tons), with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.7% per year) and Italy (+1.3% per year).

In value terms, Germany ($X), the United States ($X) and China ($X) appeared to be the largest markets for bearing housing with ball bearing exported from Switzerland worldwide, with a combined 41% share of total exports. The UK, Italy, France, Poland, Austria, the Netherlands, Spain and Chile lagged somewhat behind, together accounting for a further 27%.

In terms of the main countries of destination, Chile, with a CAGR of +22.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for bearing housings incorporating ball or roller bearings amounted to $X per ton, remaining stable against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 39%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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 Netherlands ($X per ton), while the average price for exports to France ($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 (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housings Incorporating Ball Or Roller Bearings

Imports into Switzerland

Bearing housing with ball bearing imports into Switzerland soared to X tons in 2022, rising by 43% on the previous year. In general, imports recorded pronounced growth. The pace of growth was the most pronounced in 2021 when imports increased by 74%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, bearing housing with ball bearing imports surged to $X in 2022. The total import value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 25%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of bearing housing with ball bearing imports to Switzerland, with a combined 69% share of total imports. India, the UK, Japan, Austria and France lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +62.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of bearing housings incorporating ball or roller bearings to Switzerland, comprising 40% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.3% per year) and China (+9.7% per year).

Import Prices by Country

The average import price for bearing housings incorporating ball or roller bearings stood at $X per ton in 2022, reducing by -18.9% against the previous year. Over the period under review, the import price recorded a mild curtailment. The pace of growth was the most pronounced in 2017 an increase of 61%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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