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

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

The Swiss numerically controlled drilling machine market skyrocketed to $X in 2021, rising by 132% against the previous year. Overall, consumption enjoyed a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Numerically Controlled Drilling Machines For Working Metal in Switzerland

In value terms, numerically controlled drilling machine production declined to $X in 2021 estimated in export price. Over the period under review, production, however, posted a significant increase. The growth pace was the most rapid in 2015 with an increase of 908% against the previous year. Numerically controlled drilling machine production peaked at $X in 2020, and then reduced in the following year.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from Switzerland

In 2021, approx. X tons of numerically controlled drilling machines for working metal were exported from Switzerland; waning by -71.7% compared with the year before. Over the period under review, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 167% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced markedly in the following year.

In value terms, numerically controlled drilling machine exports reduced dramatically to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 151%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Portugal (X tons) was the main destination for numerically controlled drilling machine exports from Switzerland, with a 38% share of total exports. Moreover, numerically controlled drilling machine exports to Portugal exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by France (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Portugal amounted to +1,495.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.2% per year) and France (+7.3% per year).

In value terms, South Korea ($X) remains the key foreign market for numerically controlled drilling machines for working metal exports from Switzerland, comprising 36% of total exports. The second position in the ranking was held by France ($X), with a 5.2% share of total exports. It was followed by Germany, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to South Korea was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+15.7% per year) and Germany (-13.0% per year).

Export Prices by Country

In 2021, the average numerically controlled drilling machine export price amounted to $X per ton, surging by 132% against the previous year. In general, the export price, however, saw a deep slump. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per ton), while the average price for exports to Serbia ($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 Bulgaria (+17.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into Switzerland

For the third consecutive year, Switzerland recorded growth in overseas purchases of numerically controlled drilling machines for working metal, which increased by 13% to X tons in 2021. Overall, imports recorded a perceptible expansion. The pace of growth was the most pronounced in 2014 with an increase of 349% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, numerically controlled drilling machine imports reduced markedly to $X in 2021. In general, imports, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 244%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of numerically controlled drilling machine imports to Switzerland, with a combined 97% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +20.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of numerically controlled drilling machines for working metal to Switzerland, comprising 67% of total imports. The second position in the ranking was taken by Germany ($X), with a 29% share of total imports. It was followed by Spain, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +26.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.9% per year) and Spain (0.0% per year).

Import Prices by Country

In 2021, the average numerically controlled drilling machine import price amounted to $X per ton, reducing by -36.2% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2019 an increase of 62% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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