Switzerland: Market for Industrial, Laboratory or Bakery Ovens 2025

Market Size for Industrial, Laboratory or Bakery Ovens in Switzerland

After four years of growth, the Swiss market for industrial, laboratory or bakery ovens decreased by -16.9% to $X in 2022. Over the period under review, consumption, however, enjoyed a prominent expansion. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Industrial, Laboratory or Bakery Ovens in Switzerland

In value terms, industrial, laboratory or bakery oven production shrank sharply to $X in 2022 estimated in export price. In general, production, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 2,947%. Industrial, laboratory or bakery oven production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Industrial, Laboratory or Bakery Ovens

Exports from Switzerland

In 2022, overseas shipments of industrial, laboratory or bakery ovens were finally on the rise to reach X units after four years of decline. Overall, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 98% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial, laboratory or bakery oven exports surged to $X in 2022. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 19%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for industrial, laboratory or bakery oven exports from Switzerland, with a 22% share of total exports. Moreover, industrial, laboratory or bakery oven exports to Germany exceeded the volume sent to the second major destination, the United States (X units), twofold. China (X units) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-16.5% per year) and China (-4.8% per year).

In value terms, Germany ($X), Russia ($X) and the United States ($X) constituted the largest markets for industrial, laboratory or bakery oven exported from Switzerland worldwide, together comprising 44% of total exports. China, Italy, France, Japan, Austria, Saudi Arabia, Spain, India, Brazil and Ukraine lagged somewhat behind, together accounting for a further 29%.

Ukraine, with a CAGR of +13.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for industrial, laboratory or bakery ovens stood at $X per unit in 2022, waning by -9.9% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial, laboratory or bakery oven export price increased by +138.9% against 2015 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Brazil ($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 Russia (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial, Laboratory or Bakery Ovens

Imports into Switzerland

In 2022, the amount of industrial, laboratory or bakery ovens imported into Switzerland amounted to X units, picking up by 12% compared with the previous year's figure. In general, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2014 with an increase of 55% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, industrial, laboratory or bakery oven imports rose modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 21% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Austria (X units) constituted the largest industrial, laboratory or bakery oven supplier to Switzerland, accounting for a 47% share of total imports. Moreover, industrial, laboratory or bakery oven imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Italy (X units) ranked third in terms of total imports with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from Austria totaled -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.1% per year) and Italy (+11.2% per year).

In value terms, the largest industrial, laboratory or bakery oven suppliers to Switzerland were Germany ($X), Austria ($X) and Italy ($X), with a combined 83% share of total imports. The Czech Republic and China lagged somewhat behind, together accounting for a further 6.2%.

In terms of the main suppliers, China, with a CAGR of +9.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for industrial, laboratory or bakery ovens stood at $X per unit in 2022, reducing by -7.7% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial, laboratory or bakery oven import price increased by +5.1% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 23% against the previous year. 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 Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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