Switzerland: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Switzerland

The Swiss food manufacture machinery market soared to $X in 2021, increasing by 46% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.1% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Food Manufacture Machinery Production in Switzerland

In value terms, food manufacture machinery production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 21%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Food Manufacture Machinery Exports

Exports from Switzerland

For the third year in a row, Switzerland recorded decline in overseas shipments of machinery for the preparation or manufacture of food or drink, which decreased by -10.3% to X units in 2021. In general, total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -37.0% against 2018 indices. The growth pace was the most rapid in 2013 when exports increased by 64%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, food manufacture machinery exports reduced to $X in 2021. Overall, exports, however, saw slight growth. The pace of growth appeared the most rapid in 2016 when exports increased by 63% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), the Philippines (X units) and the Netherlands (X units) were the main destinations of food manufacture machinery exports from Switzerland, with a combined 48% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +76.8%), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Germany ($X) and the United States ($X) appeared to be the largest markets for food manufacture machinery exported from Switzerland worldwide, together accounting for 29% of total exports. The Netherlands, Italy, Serbia, China, France, Austria, the United Arab Emirates, Sweden, Canada and Saudi Arabia lagged somewhat behind, together comprising a further 26%.

Among the main countries of destination, Serbia, with a CAGR of +59.4%, recorded 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

In 2021, the average food manufacture machinery export price amounted to $X per unit, declining by -3% against the previous year. In general, the export price recorded a noticeable slump. The pace of growth was the most pronounced in 2016 an increase of 34% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Serbia ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports

Imports into Switzerland

In 2021, supplies from abroad of machinery for the preparation or manufacture of food or drink increased by 50% to X units, rising for the second consecutive year after four years of decline. In general, imports saw a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 55%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, food manufacture machinery imports soared to $X in 2021. The total import value increased at an average annual rate of +6.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 41%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of food manufacture machinery to Switzerland, with a 57% share of total imports. Moreover, food manufacture machinery imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. France (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.6% per year) and France (+7.1% per year).

In value terms, Germany ($X) constituted the largest supplier of machinery for the preparation or manufacture of food or drink to Switzerland, comprising 54% of total imports. The second position in the ranking was taken by Italy ($X), with a 23% share of total imports. It was followed by France, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.9% per year) and France (+5.2% per year).

Import Prices by Country

The average food manufacture machinery import price stood at $X per unit in 2021, waning by -14.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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