Switzerland: Market for Machine-Tools For Working Wood 2024

Market Size for Machine-Tools For Working Wood in Switzerland

The Swiss machine-tool for working wood market skyrocketed to $X in 2021, growing by 54% against the previous year. Over the period under review, consumption posted a temperate increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Production of Machine-Tools For Working Wood in Switzerland

In value terms, machine-tool for working wood production soared to $X in 2021 estimated in export price. In general, production recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 215%. Machine-tool for working wood production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Machine-Tools For Working Wood

Exports from Switzerland

In 2021, after two years of growth, there was significant decline in overseas shipments of machine-tools for working wood, when their volume decreased by -12.7% to X tons. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 14% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, machine-tool for working wood exports rose significantly to $X in 2021. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 19% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for machine-tool for working wood exports from Switzerland, with a 26% share of total exports. Moreover, machine-tool for working wood exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+12.6% per year) and Poland (+17.8% per year).

In value terms, the largest markets for machine-tool for working wood exported from Switzerland were Germany ($X), Italy ($X) and France ($X), together accounting for 44% of total exports. These countries were followed by the United States, Turkey, Austria, the Netherlands, the UK, China, Poland, Egypt, Ukraine and Serbia, which together accounted for a further 32%.

Among the main countries of destination, Ukraine, with a CAGR of +23.4%, saw 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 machine-tool for working wood export price stood at $X per ton in 2021, growing by 21% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Wood

Imports into Switzerland

In 2021, overseas purchases of machine-tools for working wood increased by 5.9% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, recorded a perceptible reduction. The growth pace was the most rapid in 2020 when imports increased by 59% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, machine-tool for working wood imports expanded remarkably to $X in 2021. Over the period under review, imports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 7.9% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest machine-tool for working wood supplier to Switzerland, accounting for a 40% share of total imports. Moreover, machine-tool for working wood imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. China (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.6% per year) and China (+2.6% per year).

In value terms, Germany ($X) constituted the largest supplier of machine-tools for working wood to Switzerland, comprising 51% of total imports. The second position in the ranking was taken by Italy ($X), with a 21% share of total imports. It was followed by Austria, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.2% per year) and Austria (-1.7% per year).

Import Prices by Country

The average machine-tool for working wood import price stood at $X per ton in 2021, standing approx. at the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 59%. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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