Switzerland: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Switzerland

For the third consecutive year, the Swiss market for instrument panel and wall clocks recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Production of Instrument Panel And Wall Clocks in Switzerland

In value terms, instrument panel and wall clock production fell slightly to $X in 2020 estimated in export prices. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X% year-to-year. Instrument panel and wall clock production peaked at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

Exports of Instrument Panel And Wall Clocks

Exports from Switzerland

In 2020, instrument panel and wall clock exports from Switzerland fell dramatically to X tons, with a decrease of -X% compared with the previous year's figure. In general, exports recorded a perceptible reduction. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. As a result, exports reached the peak of X tons. from 2018 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, instrument panel and wall clock exports fell rapidly to $X in 2020. Overall, exports showed a slight decline. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2011 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Germany (X tons), the United Arab Emirates (X tons) and Japan (X tons) were the main destinations of instrument panel and wall clock exports from Switzerland.

From 2007 to 2020, the biggest increases were in Bangladesh (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for instrument panel and wall clock exported from Switzerland were Hong Kong SAR ($X), the UK ($X) and France ($X recorded the highest rates of growth with regard to the value of exports, in terms of 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 2020, the average export price for instrument panel and wall clocks amounted to $X per kg, picking up by X% against the previous year. Overall, the export price enjoyed a temperate increase. The pace of growth was the most pronounced in 2009 when the average export price increased by X% against the previous year. The export price peaked at $X per kg in 2016; however, from 2017 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($X per kg), while the average price for exports to Bangladesh ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports into Switzerland

In 2020, after two years of growth, there was significant decline in supplies from abroad of instrument panel and wall clocks, when their volume decreased by -X% to X kg. Overall, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. from 2012 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, instrument panel and wall clock imports dropped dramatically to $X in 2020. Over the period under review, imports showed pronounced growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2012 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) was the main supplier of instrument panel and wall clock to Switzerland, with a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, Qatar (X tons), fivefold. The third position in this ranking was occupied by France (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Qatar (+X% per year) and France (+X% per year).

In value terms, China ($X), Germany ($X) and France ($X) were the largest instrument panel and wall clock suppliers to Switzerland.

Qatar (+X% per year) 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

The average import price for instrument panel and wall clocks stood at $X per ton in 2020, growing by X% against the previous year. Overall, import price indicated a buoyant increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, instrument panel and wall clock import price increased by +X% against 2018 indices. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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