Switzerland: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Switzerland

The Swiss motor vehicle engine market reduced modestly to $X in 2021, with a decrease of -4.9% against the previous year. In general, consumption, however, recorded a slight expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Motor Vehicle Engine Production in Switzerland

In value terms, motor vehicle engine production fell modestly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 34% against the previous year. Motor vehicle engine production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Motor Vehicle Engine Exports

Exports from Switzerland

In 2021, motor vehicle engine exports from Switzerland expanded significantly to X tons, picking up by 11% against the year before. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 71% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, motor vehicle engine exports skyrocketed to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Nigeria (X tons) and Lebanon (X tons) were the main destinations of motor vehicle engine exports from Switzerland, with a combined 69% share of total exports. Libya, Armenia, France, Austria, South Africa, Iraq, Germany, Turkey, Lithuania and the United Arab Emirates lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +87.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Austria ($X) and Nigeria ($X) constituted the largest markets for motor vehicle engine exported from Switzerland worldwide, with a combined 64% share of total exports. France, Germany, Lebanon, Libya, Armenia, South Africa, Iraq, Turkey, Lithuania and the United Arab Emirates lagged somewhat behind, together accounting for a further 27%.

South Africa, with a CAGR of +81.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 motor vehicle engine export price amounted to $X per ton, with an increase of 61% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the average price for exports to Armenia ($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 the United Arab Emirates (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Vehicle Engine Imports

Imports into Switzerland

In 2021, imports of motor vehicle engines (spark-ignition) into Switzerland shrank slightly to X tons, which is down by -1.6% on the previous year's figure. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2019 with an increase of 12%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, motor vehicle engine imports surged to $X in 2021. In general, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +60.7% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest motor vehicle engine supplier to Switzerland, with a 30% share of total imports. Moreover, motor vehicle engine imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.9% per year) and Italy (-1.8% per year).

In value terms, Germany ($X) constituted the largest supplier of motor vehicle engines (spark-ignition) to Switzerland, comprising 58% of total imports. The second position in the ranking was taken by Italy ($X), with a 14% share of total imports. It was followed by the United States, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.5% per year) and the United States (+1.1% per year).

Import Prices by Country

The average motor vehicle engine import price stood at $X per ton in 2021, jumping by 25% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, motor vehicle engine import price increased by +65.4% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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