Switzerland: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in Switzerland

The Swiss agricultural product dryer market surged to $X in 2021, with an increase of 46% against the previous year. In general, consumption showed prominent growth. Agricultural product dryer consumption peaked in 2021 and is expected to retain growth in the immediate term.

Agricultural Product Dryer Production in Switzerland

In value terms, agricultural product dryer production soared to $X in 2021 estimated in export price. Overall, production, however, saw a drastic downturn. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Agricultural Product Dryer Exports

Exports from Switzerland

In 2021, shipments abroad of dryers for the treatment of agricultural products was finally on the rise to reach X units after two years of decline. In general, exports, however, continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2017 when exports increased by 279%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, agricultural product dryer exports expanded modestly to $X in 2021. Over the period under review, exports, however, continue to indicate a significant contraction. The growth pace was the most rapid in 2017 when exports increased by 140% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for agricultural product dryer exports from Switzerland, with a 56% share of total exports. Moreover, agricultural product dryer exports to France exceeded the volume sent to the second major destination, Austria (X units), threefold. Belgium (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-30.2% per year) and Belgium (0.0% per year).

In value terms, France ($X) emerged as the key foreign market for dryers for the treatment of agricultural products exports from Switzerland, comprising 76% of total exports. The second position in the ranking was held by Belgium ($X), with a 7% share of total exports. It was followed by Italy, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value to France stood at +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+60.7% per year) and Italy (-14.2% per year).

Export Prices by Country

The average agricultural product dryer export price stood at $X per unit in 2021, with a decrease of -43% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 174% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the UK ($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 Chile (+82.2%), while the prices for the other major destinations experienced a decline.

Agricultural Product Dryer Imports

Imports into Switzerland

In 2021, purchases abroad of dryers for the treatment of agricultural products increased by 30% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports posted moderate growth. The growth pace was the most rapid in 2014 when imports increased by 202%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, agricultural product dryer imports skyrocketed to $X in 2021. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 264% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), Italy (X units) and China (X units) were the main suppliers of agricultural product dryer imports to Switzerland, with a combined 82% share of total imports. Austria, Hungary, Belgium and France lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +100.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest agricultural product dryer suppliers to Switzerland were Italy ($X), Germany ($X) and France ($X), with a combined 76% share of total imports. These countries were followed by Austria, China, Belgium and Hungary, which together accounted for a further 13%.

Hungary, with a CAGR of +85.1%, recorded the highest rates of growth with regard to the value of imports, among 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 agricultural product dryer import price stood at $X per unit in 2021, leveling off at the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, agricultural product dryer import price increased by +16.0% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 37% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+39.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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