Switzerland: Electro-Magnetic Coupling Market 2024

Electro-Magnetic Coupling Market Size in Switzerland

In 2022, the Swiss electro-magnetic coupling market increased by 4.9% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Electro-magnetic coupling consumption peaked in 2022 and is likely to continue growth in the immediate term.

Electro-Magnetic Coupling Production in Switzerland

In value terms, electro-magnetic coupling production totaled $X in 2022 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.6% against 2020 indices. The growth pace was the most rapid in 2014 when the production volume increased by 58%. Electro-magnetic coupling production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Electro-Magnetic Coupling Exports

Exports from Switzerland

After three years of growth, overseas shipments of electro-magnetic couplings, clutches and brakes decreased by -24.9% to X tons in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 41%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then fell dramatically in the following year.

In value terms, electro-magnetic coupling exports dropped modestly to $X in 2022. In general, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 43%. As a result, the exports attained the peak of $X, and then reduced modestly in the following year.

Exports by Country

China (X tons), Portugal (X tons) and Germany (X tons) were the main destinations of electro-magnetic coupling exports from Switzerland, together accounting for 66% of total exports. Russia, the Czech Republic, Italy, Austria and the United States lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +31.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for electro-magnetic couplings, clutches and brakes exports from Switzerland, comprising 58% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by the Czech Republic, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +35.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.7% per year) and the Czech Republic (+0.3% per year).

Export Prices by Country

In 2022, the average electro-magnetic coupling export price amounted to $X per ton, increasing by 28% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electro-magnetic coupling export price increased by +109.7% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 44% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Electro-Magnetic Coupling Imports

Imports into Switzerland

After four years of growth, supplies from abroad of electro-magnetic couplings, clutches and brakes decreased by -9.4% to X tons in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.9% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, electro-magnetic coupling imports reduced to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Germany (X tons), France (X tons) and Austria (X tons) were the main suppliers of electro-magnetic coupling imports to Switzerland, together comprising 83% of total imports. Italy, Poland, the United States, China and Hungary lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +32.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electro-magnetic couplings, clutches and brakes to Switzerland, comprising 56% of total imports. The second position in the ranking was taken by France ($X), with a 19% share of total imports. It was followed by the United States, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.4% per year) and the United States (+13.5% per year).

Import Prices by Country

The average electro-magnetic coupling import price stood at $X per ton in 2022, which is down by -6.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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