Switzerland: Crawler Tractor Market 2024

Crawler Tractor Market Size in Switzerland

The Swiss crawler tractor market dropped notably to $X in 2021, with a decrease of -26.6% against the previous year. Overall, consumption showed a abrupt slump. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Crawler Tractor Production in Switzerland

In value terms, crawler tractor production shrank to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 38%. Crawler tractor production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Crawler Tractor Exports

Exports from Switzerland

Crawler tractor exports from Switzerland reduced to X units in 2021, shrinking by -6.1% compared with the previous year's figure. Overall, total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.6% 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 decreased by -22.5% against 2016 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 102%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, crawler tractor exports surged to $X in 2021. In general, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.3% 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 +80.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 90%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X units), Germany (X units) and Russia (X units) were the main destinations of crawler tractor exports from Switzerland, together accounting for 82% of total exports. Poland, Bosnia and Herzegovina, Sweden and Austria lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bosnia and Herzegovina (with a CAGR of +18.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for crawler tractors exports from Switzerland, comprising 66% of total exports. The second position in the ranking was held by France ($X), with a 26% share of total exports. It was followed by Russia, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+10.6% per year) and Russia (+8.8% per year).

Export Prices by Country

The average crawler tractor export price stood at $X per unit in 2021, surging by 24% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, crawler tractor export price increased by +98.1% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 60% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Germany (+17.7%), while the prices for the other major destinations experienced mixed trend patterns.

Crawler Tractor Imports

Imports into Switzerland

In 2021, overseas purchases of crawler tractors decreased by -16.4% to X units for the first time since 2015, thus ending a five-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 27%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, crawler tractor imports reduced notably to $X in 2021. In general, imports saw a slight curtailment. The growth pace was the most rapid in 2018 when imports increased by 39% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of crawler tractor to Switzerland, with a 68% share of total imports. Moreover, crawler tractor imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was held by France (X units), with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.4% per year) and France (-10.3% per year).

In value terms, Germany ($X) constituted the largest supplier of crawler tractors to Switzerland, comprising 73% of total imports. The second position in the ranking was taken by Italy ($X), with a 26% share of total imports. It was followed by France, with a 0.6% 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: Italy (-4.7% per year) and France (-5.9% per year).

Import Prices by Country

The average crawler tractor import price stood at $X per unit in 2021, waning by -4.9% against the previous year. Overall, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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