Switzerland: Wood Bending Machine Market 2024

Wood Bending Machine Market Size in Switzerland

The Swiss wood bending machine market shrank to $X in 2021, with a decrease of -12.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt shrinkage. Wood bending machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wood Bending Machine Exports

Exports from Switzerland

Wood bending machine exports from Switzerland expanded remarkably to X units in 2021, surging by 13% against the previous year. Over the period under review, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 145% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood bending machine exports declined markedly to $X in 2021. In general, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2013 when exports increased by 135% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), Poland (X units) and Serbia (X units) were the main destinations of wood bending machine exports from Switzerland, with a combined 51% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +51.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for bending or assembling machines exports from Switzerland, comprising 53% of total exports. The second position in the ranking was taken by Germany ($X), with a 19% share of total exports. It was followed by the Czech Republic, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.2% per year) and the Czech Republic (-10.2% per year).

Export Prices by Country

The average wood bending machine export price stood at $X per unit in 2021, shrinking by -34.5% against the previous year. Over the period under review, the export price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 95%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 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 the United States ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Bending Machine Imports

Imports into Switzerland

Wood bending machine imports into Switzerland shrank to X units in 2021, falling by -8.6% against 2020. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2019 with an increase of 78% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, wood bending machine imports fell to $X in 2021. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 50% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest wood bending machine supplier to Switzerland, accounting for a 67% share of total imports. Moreover, wood bending machine imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. The third position in this ranking was taken by France (X units), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-0.3% per year) and France (+17.7% per year).

In value terms, Germany ($X), Austria ($X) and Italy ($X) were the largest wood bending machine suppliers to Switzerland, together comprising 96% of total imports. These countries were followed by France, China and the United States, which together accounted for a further 2%.

China, with a CAGR of +28.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wood bending machine import price amounted to $X per unit, flattening at the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2020 an increase of 33%. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+48.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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