Switzerland: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Switzerland

In 2021, the Swiss harvesting machinery market increased by 6.4% to $X, rising for the fourth year in a row after three years of decline. Overall, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +60.0% against 2017 indices. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Harvesting Machinery Production in Switzerland

In value terms, harvesting machinery production fell to $X in 2021 estimated in export price. Over the period under review, production recorded resilient growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 149% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Harvesting Machinery Exports

Exports from Switzerland

In 2021, approx. X units of root or tuber harvesting machines were exported from Switzerland; growing by 93% against the year before. Over the period under review, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2013 when exports increased by 465% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, harvesting machinery exports shrank to $X in 2021. In general, exports recorded a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of 161%. The exports peaked at $X in 2020, and then reduced in the following year.

Exports by Country

France (X units), Romania (X units) and Serbia (X units) were the main destinations of harvesting machinery exports from Switzerland, with a combined 74% 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 Romania (with a CAGR of +47.6%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Serbia ($X) were the largest markets for harvesting machinery exported from Switzerland worldwide, together accounting for 93% of total exports. Poland, Croatia, Italy and Romania lagged somewhat behind, together comprising a further 4.7%.

In terms of the main countries of destination, Croatia, with a CAGR of +85.6%, recorded the highest growth rate of the value of exports, 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 harvesting machinery export price amounted to $X per unit, falling by -53% against the previous year. Over the period under review, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 329%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Romania ($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 Croatia (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Harvesting Machinery Imports

Imports into Switzerland

In 2021, purchases abroad of root or tuber harvesting machines increased by 22% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, saw a perceptible slump. The pace of growth was the most pronounced in 2017 when imports increased by 154%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, harvesting machinery imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a mild setback. The growth pace was the most rapid in 2017 with an increase of 158%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest harvesting machinery supplier to Switzerland, with a 70% share of total imports. Moreover, harvesting machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), eightfold. France (X units) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-8.0% per year) and France (+14.9% per year).

In value terms, Germany ($X) constituted the largest supplier of root or tuber harvesting machines to Switzerland, comprising 67% of total imports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total imports. It was followed by Denmark, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-2.6% per year) and Denmark (+2.9% per year).

Import Prices by Country

The average harvesting machinery import price stood at $X per unit in 2021, picking up by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

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 Denmark ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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