Switzerland: Non-Domestic Dryer Market 2024

Non-Domestic Dryer Market Size in Switzerland

The Swiss non-domestic dryer market skyrocketed to $X in 2021, increasing by 34% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Non-Domestic Dryer Production in Switzerland

In value terms, non-domestic dryer production contracted markedly to $X in 2021 estimated in export price. Overall, production saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 835%. Non-domestic dryer production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Non-Domestic Dryer Exports

Exports from Switzerland

Non-domestic dryer exports from Switzerland dropped significantly to X units in 2021, reducing by -42.9% against 2020. Overall, exports continue to indicate a slight decrease. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year. As a result, the exports attained the peak of X units, and then shrank dramatically in the following year.

In value terms, non-domestic dryer exports declined notably to $X in 2021. In general, exports showed a perceptible slump. The pace of growth was the most pronounced in 2020 when exports increased by 67% against the previous year. As a result, the exports attained the peak of $X, and then shrank sharply in the following year.

Exports by Country

Germany (X units), the United Arab Emirates (X units) and the United States (X units) were the main destinations of non-domestic dryer exports from Switzerland, with a combined 0.2% share of total exports. France, the Netherlands, Nigeria, Egypt, China, Poland, the UK, Italy, Japan and South Korea lagged somewhat behind, together accounting for a further 0.2%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +42.8%), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for non-domestic dryer exported from Switzerland worldwide, together accounting for 45% of total exports. France, China, Egypt, the UK, Italy, the Netherlands, Japan, South Korea, the United Arab Emirates and Poland lagged somewhat behind, together comprising a further 33%.

In terms of the main countries of destination, Egypt, with a CAGR of +45.7%, 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

The average non-domestic dryer export price stood at $X per unit in 2021, with an increase of 12% against the previous year. In general, the export price, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2013 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to the United Arab Emirates ($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 (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dryer Imports

Imports into Switzerland

In 2021, after two years of growth, there was significant decline in supplies from abroad of non-domestic dryers, when their volume decreased by -7.9% to X units. Over the period under review, imports showed a slight decrease. The most prominent rate of growth was recorded in 2017 with an increase of 111%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, non-domestic dryer imports declined notably to $X in 2021. In general, imports recorded a slight shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 137% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of non-domestic dryer imports to Switzerland, together comprising 2.5% of total imports. These countries were followed by China, Poland, Sweden, Turkey, Austria, Belgium, Denmark and France, which together accounted for a further 0.9%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +57.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of non-domestic dryers to Switzerland, comprising 43% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.5% per year) and the Netherlands (+23.4% per year).

Import Prices by Country

The average non-domestic dryer import price stood at $X per unit in 2021, which is down by -10.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 12% against the previous year. The import price peaked at $X per unit in 2020, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :