Switzerland: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in Switzerland

The Swiss pneumatic elevator market shrank sharply to $X in 2022, with a decrease of -29.4% against the previous year. Overall, consumption, however, enjoyed resilient growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Pneumatic Elevator Production in Switzerland

In value terms, pneumatic elevator production dropped dramatically to $X in 2022 estimated in export price. In general, production, however, enjoyed significant growth. The growth pace was the most rapid in 2019 when the production volume increased by 1,877%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Pneumatic Elevator Exports

Exports from Switzerland

In 2022, shipments abroad of pneumatic elevators and conveyors was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2015 with an increase of 34%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, pneumatic elevator exports skyrocketed to $X in 2022. Overall, exports, however, saw a pronounced setback. The pace of growth was the most pronounced in 2015 with an increase of 59%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for pneumatic elevator exports from Switzerland, accounting for a 38% share of total exports. Moreover, pneumatic elevator exports to Germany exceeded the volume sent to the second major destination, France (X units), threefold. Belgium (X units) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-6.3% per year) and Belgium (+20.3% per year).

In value terms, Germany ($X) remains the key foreign market for pneumatic elevators and conveyors exports from Switzerland, comprising 44% of total exports. The second position in the ranking was held by France ($X), with a 10% share of total exports. It was followed by Belgium, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-5.5% per year) and Belgium (+20.7% per year).

Export Prices by Country

In 2022, the average pneumatic elevator export price amounted to $X per unit, surging by 24% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2020 an increase of 27%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Qatar ($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 Israel (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pneumatic Elevator Imports

Imports into Switzerland

In 2022, after two years of growth, there was significant decline in overseas purchases of pneumatic elevators and conveyors, when their volume decreased by -15.1% to X units. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 54% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then reduced markedly in the following year.

In value terms, pneumatic elevator imports rose significantly to $X in 2022. In general, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.4% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), Italy (X units) and Poland (X units) were the main suppliers of pneumatic elevator imports to Switzerland, with a combined 77% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +72.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Poland ($X) appeared to be the largest pneumatic elevator suppliers to Switzerland, together accounting for 86% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +114.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pneumatic elevator import price amounted to $X per unit, picking up by 31% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 an increase of 46%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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