Switzerland: Remote Control Apparatus Market 2024

Remote Control Apparatus Market Size in Switzerland

In 2021, the Swiss remote control apparatus market increased by 16% to $X, rising for the fourth year in a row after three years of decline. In general, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +82.1% against 2017 indices. Remote control apparatus consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Remote Control Apparatus Exports

Exports from Switzerland

After two years of decline, overseas shipments of radio remote control apparatus increased by 47% to X tons in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, remote control apparatus exports rose notably to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 47% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), the United States (X tons) and Poland (X tons) were the main destinations of remote control apparatus exports from Switzerland, with a combined 69% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +98.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for remote control apparatus exported from Switzerland were Germany ($X), the United States ($X) and France ($X), together comprising 66% of total exports. These countries were followed by Austria, Serbia, Poland and Italy, which together accounted for a further 20%.

Serbia, with a CAGR of +74.6%, recorded the highest growth rate of 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

In 2021, the average remote control apparatus export price amounted to $X per ton, reducing by -26% against the previous year. Overall, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, remote control apparatus export price decreased by -36.8% against 2017 indices. The growth pace was the most rapid in 2013 an increase of 43% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Remote Control Apparatus Imports

Imports into Switzerland

In 2021, remote control apparatus imports into Switzerland soared to X tons, increasing by 48% on 2020. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.3% against 2017 indices. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, remote control apparatus imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 13% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

Germany (X tons), China (X tons) and Greece (X tons) were the main suppliers of remote control apparatus imports to Switzerland, together comprising 69% of total imports.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +209.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of radio remote control apparatus to Switzerland, comprising 50% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Italy, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.8% per year) and Italy (+13.0% per year).

Import Prices by Country

In 2021, the average remote control apparatus import price amounted to $X per ton, with a decrease of -28.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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