Switzerland: Market for Pulley Tackle And Hoists Powered By An Electric Motor 2024

Market Size for Pulley Tackle And Hoists Powered By An Electric Motor in Switzerland

After five years of growth, the Swiss market for pulley tackle and hoists powered by an electric motor decreased by -65% to $X in 2022. In general, consumption, however, saw a notable expansion. Consumption of peaked at $X in 2021, and then reduced rapidly in the following year.

Production of Pulley Tackle And Hoists Powered By An Electric Motor in Switzerland

In value terms, production of pulley tackle and hoists powered by an electric motor contracted slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 68% against the previous year. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

Exports from Switzerland

In 2022, shipments abroad of pulley tackle and hoists powered by an electric motor increased by 34% to X units, rising for the second consecutive year after two years of decline. Over the period under review, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +4.0% 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 +62.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pulley tackle and hoists powered by an electric motor soared to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at $X in 2018; afterwards, it flattened through to 2022.

Exports by Country

France (X units), the UK (X units) and Germany (X units) were the main destinations of exports of pulley tackle and hoists powered by an electric motor from Switzerland, together comprising 43% of total exports. Italy, the Netherlands, Australia, China, Finland, Spain, Norway, the United States, Sweden and Austria lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +12.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Germany ($X) were the largest markets for pulley tackle and hoists powered by an electric motor exported from Switzerland worldwide, with a combined 38% share of total exports. China, Australia, Italy, the Netherlands, Spain, Finland, the United States, Norway, Sweden and Austria lagged somewhat behind, together accounting for a further 43%.

The Netherlands, with a CAGR of +10.1%, recorded the highest growth rate of the value of exports, in terms of 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 export price for pulley tackle and hoists powered by an electric motor stood at $X per unit in 2022, falling by -2.5% against the previous year. Overall, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2017 an increase of 4.2% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($X per unit) and Spain ($X per unit), while the average price for exports to France ($X per unit) and Norway ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

Imports into Switzerland

In 2022, imports of pulley tackle and hoists powered by an electric motor into Switzerland contracted markedly to X units, with a decrease of -16.7% against 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 124%. Over the period under review, imports of hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of pulley tackle and hoists powered by an electric motor surged to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 38%. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and Japan (X units) were the main suppliers of imports of pulley tackle and hoists powered by an electric motor to Switzerland, with a combined 76% share of total imports. Canada, Italy, Finland, the United States, the UK, Denmark and France lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +143.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Switzerland, comprising 38% of total imports. The second position in the ranking was held by Finland ($X), with a 15% share of total imports. It was followed by Italy, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-10.0% per year) and Italy (+5.6% per year).

Import Prices by Country

The average import price for pulley tackle and hoists powered by an electric motor stood at $X per unit in 2022, picking up by 38% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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