Switzerland: Bridge Market 2024

Bridge Market Size in Switzerland

For the third consecutive year, the Swiss bridge market recorded growth in sales value, which increased by 2.7% to $X in 2021. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +66.0% against 2018 indices. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Bridge Production in Switzerland

In value terms, bridge production fell sharply to $X in 2021 estimated in export price. In general, production, however, posted a temperate increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 207% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Bridge Exports

Exports from Switzerland

In 2021, approx. X tons of bridges, bridge sections, towers and lattice masts (of iron or steel) were exported from Switzerland; with a decrease of -24.6% compared with 2020. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 463% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, bridge exports contracted remarkably to $X in 2021. In general, exports faced a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of 370% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons), Austria (X tons) and Portugal (X tons) were the main destinations of bridge exports from Switzerland, with a combined 70% share of total exports. These countries were followed by Indonesia, Germany, Italy and Hungary, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +370.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), France ($X) and Indonesia ($X) appeared to be the largest markets for bridge exported from Switzerland worldwide, together comprising 60% of total exports.

Indonesia, with a CAGR of +110.3%, saw the highest rates of growth with regard to 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 bridge export price amounted to $X per ton, falling by -13.9% against the previous year. Over the period under review, the export price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2016 an increase of 120%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Portugal ($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 Hungary (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.

Bridge Imports

Imports into Switzerland

In 2021, the amount of bridges, bridge sections, towers and lattice masts (of iron or steel) imported into Switzerland surged to X tons, picking up by 90% compared with the year before. Over the period under review, imports recorded strong growth. The pace of growth was the most pronounced in 2013 with an increase of 229% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bridge imports soared to $X in 2021. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 219%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest bridge supplier to Switzerland, accounting for a 49% share of total imports. Moreover, bridge imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by Germany (X tons), with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +47.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+12.1% per year) and Germany (-1.4% per year).

In value terms, Turkey ($X) constituted the largest supplier of bridges, bridge sections, towers and lattice masts (of iron or steel) to Switzerland, comprising 43% of total imports. The second position in the ranking was taken by Italy ($X), with an 18% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +35.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.9% per year) and Germany (+2.1% per year).

Import Prices by Country

In 2021, the average bridge import price amounted to $X per ton, increasing by 5.2% against the previous year. Overall, the import price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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