Switzerland: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in Switzerland

In 2021, the Swiss railway maintenance vehicle market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed a strong increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Railway Maintenance Vehicle Production in Switzerland

In value terms, railway maintenance vehicle production totaled $X in 2021 estimated in export price. Overall, production showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 92%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Railway Maintenance Vehicle Exports

Exports from Switzerland

In 2021, overseas shipments of railway or tramway maintenance or service vehicles decreased by -21.2% to X units, falling for the second consecutive year after four years of growth. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2019 with an increase of 42%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, railway maintenance vehicle exports shrank significantly to $X in 2021. In general, exports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 when exports increased by 101%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units), Portugal (X units) and Japan (X units) were the main destinations of railway maintenance vehicle exports from Switzerland, together accounting for 65% of total exports. Moreover, railway maintenance vehicle exports in Spain exceeded the figures recorded by the second-largest exporter, Portugal, twofold.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +29.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for railway maintenance vehicle exported from Switzerland were Spain ($X), Portugal ($X) and Sweden ($X), with a combined 68% share of total exports. These countries were followed by Japan, Italy, the United States, Slovakia, Germany, Egypt, Austria and France, which together accounted for a further 32%.

The United States, with a CAGR of +324.9%, saw 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 railway maintenance vehicle export price stood at $X per unit in 2021, increasing by 2.7% against the previous year. In general, the export price recorded a temperate increase. The pace of growth was the most pronounced in 2015 an increase of 106%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Egypt ($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 the United States (+291.5%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Maintenance Vehicle Imports

Imports into Switzerland

Railway maintenance vehicle imports into Switzerland skyrocketed to X units in 2021, rising by 37% against the previous year's figure. Over the period under review, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 100%. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, railway maintenance vehicle imports dropped to $X in 2021. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 107% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of railway maintenance vehicle to Switzerland, with a 83% share of total imports. Moreover, railway maintenance vehicle imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X units), more than tenfold. The Czech Republic (X units) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (0.0% per year) and the Czech Republic (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of railway or tramway maintenance or service vehicles to Switzerland, comprising 90% of total imports. The second position in the ranking was held by Austria ($X), with an 8.9% share of total imports. It was followed by Sweden, with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+1.1% per year) and Sweden (+1,975.0% per year).

Import Prices by Country

The average railway maintenance vehicle import price stood at $X per unit in 2021, with a decrease of -34.3% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 42% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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 Austria ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2,181.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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