Switzerland: Wood Drilling Machine Market 2024

Wood Drilling Machine Market Size in Switzerland

The Swiss wood drilling machine market skyrocketed to $X in 2021, surging by 27% against the previous year. Overall, consumption enjoyed a resilient increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Wood Drilling Machine Production in Switzerland

In value terms, wood drilling machine production soared to $X in 2021 estimated in export price. In general, production saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 525% against the previous year. Wood drilling machine production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Wood Drilling Machine Exports

Exports from Switzerland

Wood drilling machine exports from Switzerland surged to X units in 2021, increasing by 40% against the previous year's figure. In general, exports, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2014 with an increase of 109% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood drilling machine exports reduced to $X in 2021. Overall, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2014 when exports increased by 96%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for wood drilling machine exports from Switzerland, accounting for a 45% share of total exports. Moreover, wood drilling machine exports to Germany exceeded the volume sent to the second major destination, Poland (X units), threefold. The third position in this ranking was held by the Czech Republic (X units), with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+9.1% per year) and the Czech Republic (+16.7% per year).

In value terms, Germany ($X) emerged as the key foreign market for drilling or morticing machines exports from Switzerland, comprising 48% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 19% share of total exports. It was followed by France, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-16.5% per year) and France (-1.4% per year).

Export Prices by Country

In 2021, the average wood drilling machine export price amounted to $X per unit, dropping by -35.2% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of 197%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average 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 Taiwan (Chinese) ($X per unit), while the average price for exports to Serbia ($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 (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Drilling Machine Imports

Imports into Switzerland

For the third consecutive year, Switzerland recorded decline in purchases abroad of drilling or morticing machines, which decreased by -48.1% to X units in 2021. In general, imports faced a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 268% 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 drilling machine imports skyrocketed to $X in 2021. Overall, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2014 when imports increased by 46%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of wood drilling machine to Switzerland, accounting for a 67% share of total imports. Moreover, wood drilling machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by Italy (X units), with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.0% per year) and Italy (+1.3% per year).

In value terms, Italy ($X) constituted the largest supplier of drilling or morticing machines to Switzerland, comprising 73% of total imports. The second position in the ranking was held by Germany ($X), with a 24% share of total imports. It was followed by China, with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.3% per year) and China (-4.2% per year).

Import Prices by Country

The average wood drilling machine import price stood at $X per unit in 2021, picking up by 139% against the previous year. Overall, the import price showed a prominent expansion. The growth pace was the most rapid in 2017 when the average import price increased by 164% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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