Switzerland: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in Switzerland

In 2021, after two years of decline, there was significant growth in the Swiss wood milling machine market, when its value increased by 13% to $X. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Wood Milling Machine Exports

Exports from Switzerland

In 2021, overseas shipments of planing, milling or moulding machines increased by 39% to X units, rising for the third year in a row after three years of decline. Over the period under review, exports, however, showed a slight decline. The pace of growth appeared the most rapid in 2015 when exports increased by 62% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wood milling machine exports skyrocketed to $X in 2021. In general, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 90% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units), Germany (X units) and Poland (X units) were the main destinations of wood milling machine exports from Switzerland, with a combined 72% share of total exports. These countries were followed by the United States, Belgium, Serbia, Italy, Slovakia, Bosnia and Herzegovina and Egypt, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +93.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood milling machine exported from Switzerland were the United Arab Emirates ($X), the United States ($X) and Germany ($X), with a combined 68% share of total exports. Belgium, Poland, Slovakia, Serbia, Italy, Bosnia and Herzegovina and Egypt lagged somewhat behind, together accounting for a further 20%.

In terms of the main countries of destination, Belgium, with a CAGR of +105.2%, saw the highest growth rate of 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

In 2021, the average wood milling machine export price amounted to $X per unit, surging by 23% against the previous year. Over the period under review, the export price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 45% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Poland ($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 Belgium (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Milling Machine Imports

Imports into Switzerland

In 2021, purchases abroad of planing, milling or moulding machines was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 51%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, wood milling machine imports soared to $X in 2021. Overall, imports, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 38%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of wood milling machine imports to Switzerland, with a combined 79% share of total imports. These countries were followed by the UK, Luxembourg, Belgium and Austria, which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +80.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of planing, milling or moulding machines to Switzerland, comprising 68% of total imports. The second position in the ranking was taken by the UK ($X), with a 14% share of total imports. It was followed by China, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+150.2% per year) and China (+6.2% per year).

Import Prices by Country

The average wood milling machine import price stood at $X per unit in 2021, surging by 24% against the previous year. Overall, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of 49%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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