Switzerland: Electroplating Machine Market 2024

Electroplating Machine Market Size in Switzerland

In 2021, after two years of decline, there was significant growth in the Swiss electroplating machine market, when its value increased by 48% to $X. Over the period under review, consumption enjoyed a significant increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Electroplating Machine Production in Switzerland

In value terms, electroplating machine production totaled $X in 2021 estimated in export price. Overall, production recorded a significant expansion. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Electroplating Machine Exports

Exports from Switzerland

In 2021, electroplating machine exports from Switzerland soared to X units, picking up by 46% against the previous year. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 677% against the previous year. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, electroplating machine exports surged to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 93%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for electroplating machine exports from Switzerland, accounting for a 77% share of total exports. Moreover, electroplating machine exports to Germany exceeded the volume sent to the second major destination, France (X units), more than tenfold. The United States (X units) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-17.1% per year) and the United States (+6.4% per year).

In value terms, Germany ($X) remains the key foreign market for electroplating machine exports from Switzerland, comprising 42% of total exports. The second position in the ranking was held by Italy ($X), with a 15% share of total exports. It was followed by the United States, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-6.5% per year) and the United States (+13.1% per year).

Export Prices by Country

The average electroplating machine export price stood at $X per unit in 2021, with a decrease of -14.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 226%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Spain ($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 Italy (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electroplating Machine Imports

Imports into Switzerland

In 2021, purchases abroad of machines for electroplating, electrolysis or electrophoresis was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, electroplating machine imports skyrocketed to $X in 2021. In general, imports continue to indicate a slight increase. The pace of growth was the most pronounced in 2017 with an increase of 112% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest electroplating machine supplier to Switzerland, with a 46% share of total imports. Moreover, electroplating machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Spain (X units), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+39.1% per year) and Spain (+94.9% per year).

In value terms, Germany ($X) constituted the largest supplier of electroplating machine to Switzerland, comprising 52% of total imports. The second position in the ranking was held by Malaysia ($X), with a 13% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+216.6% per year) and China (+41.3% per year).

Import Prices by Country

In 2021, the average electroplating machine import price amounted to $X per unit, dropping by -35% against the previous year. Over the period under review, the import price, however, posted a tangible increase. The most prominent rate of growth was recorded in 2019 an increase of 106% against the previous year. The import price peaked at $X per unit in 2020, and then reduced notably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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