Switzerland: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Switzerland

The Swiss non-numerically controlled drilling machine market soared to $X in 2021, rising by 41% against the previous year. Over the period under review, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Switzerland

In value terms, non-numerically controlled drilling machine production fell rapidly to $X in 2021 estimated in export price. In general, production continues to indicate a deep contraction. The growth pace was the most rapid in 2016 with an increase of 459% against the previous year. Non-numerically controlled drilling machine production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports from Switzerland

In 2021, shipments abroad of non-numerically controlled drilling machines for working metal decreased by -17.2% to X tons, falling for the third consecutive year after two years of growth. Overall, exports recorded a noticeable slump. The pace of growth appeared the most rapid in 2013 with an increase of 36% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled drilling machine exports surged to $X in 2021. In general, exports saw a abrupt slump. The growth pace was the most rapid in 2017 with an increase of 250%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X tons), Germany (X tons) and Serbia (X tons) were the main destinations of non-numerically controlled drilling machine exports from Switzerland, together accounting for 59% of total exports. These countries were followed by Hungary, Turkey, North Macedonia, Austria, Japan and India, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +60.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-numerically controlled drilling machine exported from Switzerland were Germany ($X), Poland ($X) and Austria ($X), together comprising 57% of total exports. Japan, Serbia, Turkey, North Macedonia, Hungary and India lagged somewhat behind, together accounting for a further 14%.

Turkey, with a CAGR of +41.4%, recorded 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 non-numerically controlled drilling machine export price amounted to $X per ton, rising by 43% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 162%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 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 Japan ($X per ton), while the average price for exports to Hungary ($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 Serbia (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports into Switzerland

In 2021, imports of non-numerically controlled drilling machines for working metal into Switzerland expanded remarkably to X tons, surging by 11% on 2020 figures. In general, imports, however, continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2019 with an increase of 29%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-numerically controlled drilling machine imports rose rapidly to $X in 2021. Over the period under review, imports, however, continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 27%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest non-numerically controlled drilling machine supplier to Switzerland, with a 67% share of total imports. Moreover, non-numerically controlled drilling machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.2% per year) and Taiwan (Chinese) (-0.9% per year).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled drilling machines for working metal to Switzerland, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports. It was followed by Italy, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.0% per year) and Italy (-7.7% per year).

Import Prices by Country

In 2021, the average non-numerically controlled drilling machine import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price recorded a modest increase. The pace of growth appeared the most rapid in 2013 an increase of 39% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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