Switzerland: Electrical Signalling Apparatus Market 2025

Electrical Signalling Apparatus Market Size in Switzerland

In 2022, the Swiss electrical signalling apparatus market increased by 1% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed a buoyant expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Electrical Signalling Apparatus Production in Switzerland

In value terms, electrical signalling apparatus production shrank sharply to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2013 with an increase of 79% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Electrical Signalling Apparatus Exports

Exports from Switzerland

Electrical signalling apparatus exports from Switzerland fell slightly to X units in 2022, almost unchanged from the previous year's figure. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 32% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical signalling apparatus exports shrank to $X in 2022. Overall, exports saw a perceptible decrease. The growth pace was the most rapid in 2020 when exports increased by 39%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units), Germany (X units) and Romania (X units) were the main destinations of electrical signalling apparatus exports from Switzerland, together comprising 52% of total exports. Italy, South Africa, the United States, Lithuania, Austria, the United Arab Emirates, China, the UK, the Netherlands and Sweden lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +84.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical signalling apparatus exported from Switzerland were Germany ($X), France ($X) and the United States ($X), together comprising 48% of total exports. The UK, China, the Netherlands, Italy, Romania, Austria, South Africa, Sweden, the United Arab Emirates and Lithuania lagged somewhat behind, together accounting for a further 25%.

In terms of the main countries of destination, Lithuania, with a CAGR of +67.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electrical signalling apparatus export price stood at $X per unit in 2022, waning by -5.6% against the previous year. In general, export price indicated a notable expansion 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, electrical signalling apparatus export price increased by +14.8% against 2017 indices. The pace of growth appeared the most rapid in 2017 an increase of 17% against the previous year. The export price peaked at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Lithuania ($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 Germany (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into Switzerland

In 2022, overseas purchases of electrical apparatus for sound or visual signalling increased by 23% to X units, rising for the fourth consecutive year after four years of decline. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 113% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, electrical signalling apparatus imports totaled $X in 2022. Overall, imports continue to indicate resilient growth. The growth pace was the most rapid in 2020 with an increase of 89% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of electrical signalling apparatus imports to Switzerland, together accounting for 72% of total imports. Vietnam, France, Italy, Sweden and the UK lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +62.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Netherlands ($X) constituted the largest electrical signalling apparatus suppliers to Switzerland, with a combined 62% share of total imports. Vietnam, France, the UK, Italy and Sweden lagged somewhat behind, together accounting for a further 21%.

Vietnam, with a CAGR of +57.2%, recorded the highest growth rate of 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 electrical signalling apparatus import price stood at $X per unit in 2022, with a decrease of -15.3% against the previous year. Over the period under review, the import price, however, enjoyed moderate growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 58% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, 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 the UK ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :