Switzerland: Inductor Market 2024

Inductor Market Size in Switzerland

The Swiss inductor market shrank sharply to $X in 2022, declining by -18.8% against the previous year. Overall, consumption, however, recorded a pronounced expansion. As a result, consumption attained the peak level of $X, and then dropped notably in the following year.

Inductor Production in Switzerland

In value terms, inductor production stood at $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 136% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Inductor Exports

Exports from Switzerland

In 2022, shipments abroad of inductors was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2015 with an increase of 50%. 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, inductor exports reached $X in 2022. The total export value increased at an average annual rate of +1.2% over the period 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 2020 with an increase of 29%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X units) was the main destination for inductor exports from Switzerland, accounting for a 45% share of total exports. Moreover, inductor exports to Poland exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was taken by Spain (X units), with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at +24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-7.8% per year) and Spain (-16.8% per year).

In value terms, Germany ($X) remains the key foreign market for inductors exports from Switzerland, comprising 33% of total exports. The second position in the ranking was taken by Poland ($X), with a 10% share of total exports. It was followed by the United States, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+8.8% per year) and the United States (+10.8% per year).

Export Prices by Country

In 2022, the average inductor export price amounted to $X per unit, with a decrease of -2.5% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inductor export price increased by +68.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 44% 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 Germany ($X per unit), while the average price for exports to Poland ($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 (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Inductor Imports

Imports into Switzerland

Inductor imports into Switzerland fell notably to X units in 2022, shrinking by -19.5% on 2021. Over the period under review, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 with an increase of 90%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, inductor imports fell modestly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 50%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Germany (X units), Poland (X units) and Italy (X units) were the main suppliers of inductor imports to Switzerland, with a combined 58% share of total imports. Bulgaria, China, the Czech Republic, France, Austria, Hungary, Finland and Slovakia lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +35.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest inductor suppliers to Switzerland were Germany ($X), China ($X) and Italy ($X), with a combined 47% share of total imports. Poland, France, Bulgaria, Finland, Slovakia, the Czech Republic, Hungary and Austria lagged somewhat behind, together comprising a further 27%.

In terms of the main suppliers, Bulgaria, with a CAGR of +34.8%, recorded 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 2022, the average inductor import price amounted to $X per unit, picking up by 22% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by 82% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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