Switzerland: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Switzerland

For the seventh consecutive year, the Swiss appliance part brush market recorded growth in sales value, which increased by 3.8% to $X in 2022. Over the period under review, consumption recorded a resilient increase. Appliance part brush consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Appliance Part Brush Production in Switzerland

In value terms, appliance part brush production stood at $X in 2022 estimated in export price. In general, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 7.1%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Appliance Part Brush Exports

Exports from Switzerland

In 2022, overseas shipments of brushes constituting parts of appliances increased by 3.4% to X units, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, showed a slight downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 35% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, appliance part brush exports contracted slightly to $X in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports reached the peak of $X, and then dropped slightly in the following year.

Exports by Country

Germany (X units) was the main destination for appliance part brush exports from Switzerland, accounting for a 19% share of total exports. Moreover, appliance part brush exports to Germany exceeded the volume sent to the second major destination, the United States (X units), twofold. Austria (X units) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+6.4% per year) and Austria (-3.4% per year).

In value terms, Germany ($X), the United States ($X) and China ($X) appeared to be the largest markets for appliance part brush exported from Switzerland worldwide, together comprising 47% of total exports. Austria, the Netherlands, France, the UK, Belgium, Canada, India, Finland, Russia and Norway lagged somewhat behind, together accounting for a further 25%.

Belgium, with a CAGR of +25.3%, 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

The average appliance part brush export price stood at $X per unit in 2022, falling by -5.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2013 an increase of 28%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Appliance Part Brush Imports

Imports into Switzerland

In 2022, overseas purchases of brushes constituting parts of appliances increased by 1.6% to X units, rising for the third year in a row after five years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 166% against the previous year. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, appliance part brush imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of appliance part brush to Switzerland, accounting for a 65% share of total imports. Moreover, appliance part brush imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold. China (X units) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.5% per year) and China (+15.3% per year).

In value terms, Germany ($X) constituted the largest supplier of brushes constituting parts of appliances to Switzerland, comprising 65% of total imports. The second position in the ranking was taken by China ($X), with a 5.8% share of total imports. It was followed by Italy, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+22.0% per year) and Italy (+4.1% per year).

Import Prices by Country

The average appliance part brush import price stood at $X per unit in 2022, picking up by 7.1% against the previous year. Overall, the import price posted a notable expansion. The growth pace was the most rapid in 2016 when the average import price increased by 111%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the Netherlands ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :