Switzerland: Radio Receiver Market 2024

Radio Receiver Market Size in Switzerland

In 2022, the Swiss radio receiver market increased by 1% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4.1% against the previous year. Radio receiver consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Radio Receiver Exports

Exports from Switzerland

Radio receiver exports from Switzerland shrank rapidly to X units in 2022, reducing by -20.7% against 2021. Overall, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when exports increased by 30% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, radio receiver exports declined rapidly to $X in 2022. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of 37% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for radio receiver exports from Switzerland, with a 59% share of total exports. Moreover, radio receiver exports to Germany exceeded the volume sent to the second major destination, Serbia (X units), ninefold. The Netherlands (X units) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled -14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+3.9% per year) and the Netherlands (-2.3% per year).

In value terms, Germany ($X) remains the key foreign market for radio receivers exports from Switzerland, comprising 49% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 6.3% share of total exports. It was followed by Denmark, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-2.6% per year) and Denmark (-5.1% per year).

Export Prices by Country

In 2022, the average radio receiver export price amounted to $X per unit, declining by -17.9% against the previous year. In general, the export price continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 56%. The export price peaked at $X per unit in 2019; however, from 2020 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 Romania ($X per unit), while the average price for exports to Luxembourg ($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 Romania (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Radio Receiver Imports

Imports into Switzerland

In 2022, overseas purchases of radio receivers increased by 8.6% to X units for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, imports, however, continue to indicate a deep slump. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, radio receiver imports dropped to $X in 2022. Overall, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 5.8%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest radio receiver supplier to Switzerland, with a 71% share of total imports. Moreover, radio receiver imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Austria (X units) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.3% per year) and Austria (+21.4% per year).

In value terms, China ($X) constituted the largest supplier of radio receivers to Switzerland, comprising 57% of total imports. The second position in the ranking was held by Germany ($X), with an 18% share of total imports. It was followed by Malaysia, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.8% per year) and Malaysia (-6.7% per year).

Import Prices by Country

The average radio receiver import price stood at $X per unit in 2022, reducing by -8.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 11%. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then fell in the following year.

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 Malaysia ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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