Switzerland: Lift And Hoist Market 2024

Lift And Hoist Market Size in Switzerland

In 2022, the Swiss lift and hoist market decreased by -1.1% to $X, falling for the third year in a row after two years of growth. The market value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Lift And Hoist Exports

Exports from Switzerland

In 2022, overseas shipments of lifts and hoists increased by 27% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports saw tangible growth. The pace of growth appeared the most rapid in 2017 when exports increased by 220%. 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, lift and hoist exports shrank to $X in 2022. Overall, exports continue to indicate a slight expansion. The pace of growth appeared the most rapid in 2017 with an increase of 75%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), the United States (X units) and the Netherlands (X units) were the main destinations of lift and hoist exports from Switzerland, with a combined 65% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +53.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the largest markets for lift and hoist exported from Switzerland worldwide, with a combined 65% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +73.1%, recorded the highest growth rate of 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 lift and hoist export price stood at $X per unit in 2022, dropping by -25.7% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2015 an increase of 143% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Austria ($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 Turkey (+69.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lift And Hoist Imports

Imports into Switzerland

In 2022, imports of lifts and hoists into Switzerland rose significantly to X units, picking up by 5.6% on the previous year. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, lift and hoist imports declined slightly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Spain (X units) and Italy (X units) were the main suppliers of lift and hoist imports to Switzerland, together comprising 68% of total imports. Finland, the Netherlands, Austria, France, Greece, Slovakia, Sweden and China lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +107.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of lifts and hoists to Switzerland, comprising 55% of total imports. The second position in the ranking was held by Finland ($X), with a 10% share of total imports. It was followed by Spain, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+47.4% per year) and Spain (-14.8% per year).

Import Prices by Country

In 2022, the average lift and hoist import price amounted to $X per unit, which is down by -7% against the previous year. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 34%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average 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 France ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+73.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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