Switzerland: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in Switzerland

For the third consecutive year, the Swiss non-electric motor handtools market recorded growth in sales value, which increased by 13% to $X in 2022. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Non-Electric Motor Handtools Exports

Exports from Switzerland

Non-electric motor handtools exports from Switzerland reduced rapidly to X units in 2022, dropping by -48.7% against 2021. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2015 when exports increased by 25%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric motor handtools exports contracted markedly to $X in 2022. Overall, exports saw a noticeable downturn. The growth pace was the most rapid in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

Germany (X units) was the main destination for non-electric motor handtools exports from Switzerland, accounting for a 23% share of total exports. Moreover, non-electric motor handtools exports to Germany exceeded the volume sent to the second major destination, Spain (X units), threefold. The third position in this ranking was held by Italy (X units), with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at -17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+32.3% per year) and Italy (-4.5% per year).

In value terms, the largest markets for non-electric motor handtools exported from Switzerland were Germany ($X), Spain ($X) and Italy ($X), with a combined 40% share of total exports. The UK, the United States, Ireland, Japan, Canada, France, Sweden, the Netherlands, Finland and Iceland lagged somewhat behind, together accounting for a further 27%.

Ireland, with a CAGR of +74.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-electric motor handtools export price amounted to $X per unit, growing by 10% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2016 an increase of 59% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Iceland ($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 (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Motor Handtools Imports

Imports into Switzerland

In 2022, approx. X units of handtools, hydraulic or with a self-contained non-electric motor were imported into Switzerland; remaining relatively unchanged against 2021 figures. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 30%. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric motor handtools imports rose significantly to $X in 2022. The total import value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 19%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and the United States (X units) were the main suppliers of non-electric motor handtools imports to Switzerland, together comprising 75% of total imports. Italy, Japan, the Netherlands, Sweden and France lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +2.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric motor handtools suppliers to Switzerland were Germany ($X), the United States ($X) and China ($X), with a combined 68% share of total imports. Japan, Italy, Sweden, the Netherlands and France lagged somewhat behind, together accounting for a further 23%.

Among the main suppliers, France, with a CAGR of +3.1%, saw the highest rates of growth with regard to 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

The average non-electric motor handtools import price stood at $X per unit in 2022, increasing by 5.9% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 24%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 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 Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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