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

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

The Swiss numerically controlled sharpening machine market dropped rapidly to $X in 2022, reducing by -35.3% against the previous year. Overall, consumption, however, recorded a prominent increase. Numerically controlled sharpening machine consumption peaked at $X in 2021, and then dropped notably in the following year.

Production of Numerically Controlled Sharpening Machines For Working Metal in Switzerland

In value terms, numerically controlled sharpening machine production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 34%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports from Switzerland

In 2022, overseas shipments of numerically controlled sharpening machines for working metal increased by 4% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 20%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, numerically controlled sharpening machine exports rose rapidly to $X in 2022. In general, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.6% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 28%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units), Germany (X units) and the United States (X units) were the main destinations of numerically controlled sharpening machine exports from Switzerland, together comprising 50% of total exports. France, China, Hungary, Turkey, Lithuania, Brazil, Austria, Spain and Sweden lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +41.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for numerically controlled sharpening machine exported from Switzerland were Italy ($X), China ($X) and Germany ($X), with a combined 56% share of total exports. The United States, France, Turkey, Austria, Spain, Hungary, Brazil, Lithuania and Sweden lagged somewhat behind, together accounting for a further 31%.

Brazil, with a CAGR of +27.1%, recorded the highest rates of growth with regard to the value of exports, among 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

The average numerically controlled sharpening machine export price stood at $X per unit in 2022, with an increase of 5.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2013 an increase of 40%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Lithuania ($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 Spain (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports into Switzerland

In 2022, numerically controlled sharpening machine imports into Switzerland reduced dramatically to X units, which is down by -56.7% on the previous year. Over the period under review, imports, however, showed measured growth. The pace of growth was the most pronounced in 2021 with an increase of 287%. As a result, imports attained the peak of X units, and then reduced dramatically in the following year.

In value terms, numerically controlled sharpening machine imports fell slightly to $X in 2022. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 171% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Taiwan (Chinese) (X units) constituted the largest numerically controlled sharpening machine supplier to Switzerland, accounting for a 48% share of total imports. Moreover, numerically controlled sharpening machine imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. France (X units) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume from Taiwan (Chinese) totaled +37.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+14.9% per year) and France (-6.7% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of numerically controlled sharpening machines for working metal to Switzerland, comprising 76% of total imports. The second position in the ranking was held by the United States ($X), with a 4.8% share of total imports. It was followed by Australia, with a 4.7% share.

From 2012 to 2022, the average annual growth rate of value from Taiwan (Chinese) amounted to +57.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.6% per year) and Australia (+0.2% per year).

Import Prices by Country

The average numerically controlled sharpening machine import price stood at $X per unit in 2022, increasing by 128% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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