Switzerland: Electronic Chip Market 2024

Electronic Chip Market Size in Switzerland

For the sixth year in a row, the Swiss electronic chip market recorded growth in sales value, which increased by 22% to $X in 2021. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +104.8% against 2015 indices. Electronic chip consumption peaked in 2021 and is likely to see steady growth in the near future.

Electronic Chip Production in Switzerland

In value terms, electronic chip production reduced modestly to $X in 2021 estimated in export price. Over the period under review, production posted a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 48% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted slightly in the following year.

Electronic Chip Exports

Exports from Switzerland

In 2021, shipments abroad of electronic chips was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. The total export volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, electronic chip exports surged to $X in 2021. Overall, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +70.1% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and China (X units) were the main destinations of electronic chip exports from Switzerland, with a combined 41% share of total exports. These countries were followed by Italy, Hungary, the United States, Hong Kong SAR, Vietnam, Romania, India, Thailand, Poland and Austria, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +37.0%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Hong Kong SAR ($X) constituted the largest markets for electronic chip exported from Switzerland worldwide, together accounting for 49% of total exports. These countries were followed by Vietnam, the United States, France, Thailand, Italy, India, Austria, Romania, Hungary and Poland, which together accounted for a further 34%.

In terms of the main countries of destination, Vietnam, with a CAGR of +28.3%, recorded 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 electronic chip export price stood at $X per unit in 2021, approximately mirroring the previous year. Overall, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic chip export price increased by +72.9% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 31%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Hungary ($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 Hong Kong SAR (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Chip Imports

Imports into Switzerland

In 2021, overseas purchases of electronic chips increased by 81% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate mild growth. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, electronic chip imports surged to $X in 2021. Overall, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.6% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Malaysia (X units) and Germany (X units) were the main suppliers of electronic chip imports to Switzerland, together comprising 47% of total imports. These countries were followed by Italy, Taiwan (Chinese), Thailand, the Philippines, the United States, South Korea, the Netherlands, Singapore, Austria and Hong Kong SAR, which together accounted for a further 43%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +17.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electronic chip suppliers to Switzerland were Taiwan (Chinese) ($X), Malaysia ($X) and Germany ($X), with a combined 46% share of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of +20.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electronic chip import price amounted to $X per unit, waning by -20.5% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then fell remarkably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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