Switzerland: Market for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings 2024

Market Size for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Switzerland

The Swiss market for bearing housings not incorporating ball or roller bearings, plain shaft bearings rose sharply to $X in 2021, picking up by 14% against the previous year. In general, consumption recorded a buoyant expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Switzerland

In value terms, bearing housing without ball bearing production rose sharply to $X in 2021 estimated in export price. Overall, production showed a strong increase. The growth pace was the most rapid in 2016 when the production volume increased by 57%. Bearing housing without ball bearing production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Exports from Switzerland

For the third year in a row, Switzerland recorded growth in shipments abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings, which increased by 5.7% to X tons in 2021. In general, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +17.3% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of 32%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, bearing housing without ball bearing exports expanded notably to $X in 2021. Over the period under review, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2014 with an increase of 123% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for bearing housing without ball bearing exports from Switzerland, accounting for a 39% share of total exports. Moreover, bearing housing without ball bearing exports to Germany exceeded the volume sent to the second major destination, China (X tons), fourfold. The United States (X tons) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+31.6% per year) and the United States (+26.3% per year).

In value terms, Germany ($X), China ($X) and the Netherlands ($X) were the largest markets for bearing housing without ball bearing exported from Switzerland worldwide, with a combined 40% share of total exports. The United States, Singapore, Italy, Japan, France, Sweden, Austria and India lagged somewhat behind, together accounting for a further 27%.

Singapore, with a CAGR of +37.8%, saw the highest growth rate of the value of exports, among 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

In 2021, the average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X per ton, rising by 1.6% against the previous year. In general, the export price recorded resilient growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 80%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Imports into Switzerland

After two years of decline, supplies from abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 24% to X tons in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 60%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, bearing housing without ball bearing imports soared to $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest bearing housing without ball bearing supplier to Switzerland, accounting for a 58% share of total imports. Moreover, bearing housing without ball bearing imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), eightfold. China (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+10.9% per year) and China (-9.5% per year).

In value terms, Germany ($X) constituted the largest supplier of bearing housings not incorporating ball or roller bearings, plain shaft bearings to Switzerland, comprising 55% of total imports. The second position in the ranking was taken by Poland ($X), with a 5.7% share of total imports. It was followed by China, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+6.8% per year) and China (+8.1% per year).

Import Prices by Country

In 2021, the average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X per ton, reducing by -2.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 58%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, 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 Austria ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+19.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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