Switzerland: Market for Iron Or Steel Solid Fuel Domestic Appliances 2024

Market Size for Iron Or Steel Solid Fuel Domestic Appliances in Switzerland

The Swiss metal solid fuel appliances market dropped to $X in 2022, with a decrease of -6.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then fell in the following year.

Exports of Iron Or Steel Solid Fuel Domestic Appliances

Exports from Switzerland

In 2022, metal solid fuel appliances exports from Switzerland declined significantly to X units, falling by -26.8% compared with 2021. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 170%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal solid fuel appliances exports rose slightly to $X in 2022. In general, exports recorded a mild decline. The most prominent rate of growth was recorded in 2017 when exports increased by 103% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for metal solid fuel appliances exports from Switzerland, accounting for a 74% share of total exports. Moreover, metal solid fuel appliances exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold. The third position in this ranking was held by France (X units), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled -4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-2.0% per year) and France (-15.4% per year).

In value terms, Germany ($X) remains the key foreign market for iron or steel solid fuel domestic appliances exports from Switzerland, comprising 86% of total exports. The second position in the ranking was taken by France ($X), with a 5.3% share of total exports. It was followed by Austria, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-11.9% per year) and Austria (-6.7% per year).

Export Prices by Country

In 2022, the average metal solid fuel appliances export price amounted to $X per unit, with an increase of 41% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal solid fuel appliances export price increased by +75.6% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 44%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to the Netherlands ($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 Japan (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Solid Fuel Domestic Appliances

Imports into Switzerland

In 2022, approx. X units of iron or steel solid fuel domestic appliances were imported into Switzerland; declining by -25% on 2021. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 45% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted significantly in the following year.

In value terms, metal solid fuel appliances imports rose modestly to $X in 2022. Over the period under review, total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +53.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37% 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 Vietnam (X units) were the main suppliers of metal solid fuel appliances imports to Switzerland, together accounting for 67% of total imports. The Netherlands, the Czech Republic, Croatia, Italy, Denmark, Hungary, Poland and Austria lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +114.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of iron or steel solid fuel domestic appliances to Switzerland, comprising 32% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by Denmark, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.8% per year) and Denmark (+3.2% per year).

Import Prices by Country

The average metal solid fuel appliances import price stood at $X per unit in 2022, surging by 39% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal solid fuel appliances import price increased by +93.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 45% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 Austria ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :