Switzerland: Full-Rotation Excavator Market 2024

Full-Rotation Excavator Market Size in Switzerland

The Swiss full-rotation excavator market expanded slightly to $X in 2021, growing by 4.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a perceptible setback. Full-rotation excavator consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Full-Rotation Excavator Exports

Exports from Switzerland

For the fifth year in a row, Switzerland recorded growth in shipments abroad of self-propelled full-rotation excavators and bulldozers, which increased by 15% to X units in 2021. In general, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of 34% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, full-rotation excavator exports skyrocketed to $X in 2021. Over the period under review, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Serbia (X units), Austria (X units) and Germany (X units) were the main destinations of full-rotation excavator exports from Switzerland, together comprising 57% of total exports. These countries were followed by the Netherlands, North Macedonia, Bosnia and Herzegovina, Portugal, France, Italy, the Czech Republic, the United States and Poland, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +44.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) remains the key foreign market for self-propelled full-rotation excavators and bulldozers exports from Switzerland, comprising 37% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by the United States, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to Austria totaled +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+6.9% per year) and the United States (+21.0% per year).

Export Prices by Country

In 2021, the average full-rotation excavator export price amounted to $X per unit, surging by 14% against the previous year. Overall, the export price, however, recorded a pronounced decrease. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Portugal ($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 Italy (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Full-Rotation Excavator Imports

Imports into Switzerland

In 2021, full-rotation excavator imports into Switzerland expanded significantly to X units, surging by 9.2% compared with the year before. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 14%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, full-rotation excavator imports reached $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 16% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Japan (X units) constituted the largest full-rotation excavator supplier to Switzerland, with a 32% share of total imports. Moreover, full-rotation excavator imports from Japan exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. The third position in this ranking was taken by France (X units), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan amounted to +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-1.5% per year) and France (-0.6% per year).

In value terms, Japan ($X), Germany ($X) and France ($X) were the largest full-rotation excavator suppliers to Switzerland, with a combined 63% share of total imports. These countries were followed by Austria, the Netherlands, China, Belgium and Italy, which together accounted for a further 32%.

China, with a CAGR of +94.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average full-rotation excavator import price amounted to $X per unit, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 an increase of 11% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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