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

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

The Swiss non-numerically controlled sharpening machine market shrank to $X in 2022, with a decrease of -2.2% against the previous year. In general, consumption recorded a perceptible curtailment. Non-numerically controlled sharpening machine consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

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

In value terms, non-numerically controlled sharpening machine production declined slightly to $X in 2022 estimated in export price. Overall, production showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 95%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Switzerland

In 2022, overseas shipments of non-numerically controlled sharpening machines for working metal decreased by -17.4% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 67% against the previous year. The exports peaked at X units in 2021, and then shrank markedly in the following year.

In value terms, non-numerically controlled sharpening machine exports expanded significantly to $X in 2022. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 53%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), France (X units) and Austria (X units) were the main destinations of non-numerically controlled sharpening machine exports from Switzerland, with a combined 51% share of total exports. Belgium, Angola, Thailand, Italy, Denmark, Portugal, the Netherlands, Russia and Sweden lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +45.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for non-numerically controlled sharpening machines for working metal exports from Switzerland, comprising 30% of total exports. The second position in the ranking was held by France ($X), with a 9.1% share of total exports. It was followed by Russia, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+5.8% per year) and Russia (-6.8% per year).

Export Prices by Country

In 2022, the average non-numerically controlled sharpening machine export price amounted to $X per unit, growing by 27% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Angola ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.2%), while the prices for the other major destinations experienced a decline.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Switzerland

In 2022, the amount of non-numerically controlled sharpening machines for working metal imported into Switzerland dropped slightly to X units, almost unchanged from the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 53%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine imports skyrocketed to $X in 2022. Over the period under review, imports, however, posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest non-numerically controlled sharpening machine supplier to Switzerland, accounting for a 42% share of total imports. Moreover, non-numerically controlled sharpening machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.5% per year) and Germany (-12.3% per year).

In value terms, Italy ($X) constituted the largest supplier of non-numerically controlled sharpening machines for working metal to Switzerland, comprising 53% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by China, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.4% per year) and China (+5.2% per year).

Import Prices by Country

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, picking up by 73% against the previous year. In general, the import price continues to indicate a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :