Switzerland: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in Switzerland

The Swiss self-propelled rock cutter market skyrocketed to $X in 2021, jumping by 533% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Self-propelled rock cutter consumption peaked at $X in 2012; afterwards, it flattened through to 2021.

Self-Propelled Rock Cutter Production in Switzerland

In value terms, self-propelled rock cutter production stood at $X in 2021 estimated in export price. Overall, production continues to indicate a drastic downturn. The growth pace was the most rapid in 2020 when the production volume decreased by 99.9%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Self-Propelled Rock Cutter Exports

Exports from Switzerland

Self-propelled rock cutter exports from Switzerland soared to X units in 2021, picking up by 78% on 2020. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 145% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, self-propelled rock cutter exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a resilient increase. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X units) was the main destination for self-propelled rock cutter exports from Switzerland, accounting for a 44% share of total exports. Moreover, self-propelled rock cutter exports to Austria exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. Belgium (X units) ranked third in terms of total exports with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria totaled +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+73.2% per year) and Belgium (0.0% per year).

In value terms, Belgium ($X), Austria ($X) and the Netherlands ($X) appeared to be the largest markets for self-propelled rock cutter exported from Switzerland worldwide, with a combined 96% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +750.2%, saw 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 self-propelled rock cutter export price amounted to $X per unit, with an increase of 61% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 120% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per unit), while the average price for exports to Serbia ($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 Netherlands (+378.6%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Rock Cutter Imports

Imports into Switzerland

In 2021, self-propelled rock cutter imports into Switzerland soared to X units, with an increase of 64% on the previous year's figure. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 93%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, self-propelled rock cutter imports surged to $X in 2021. Over the period under review, imports continue to indicate a notable expansion. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Finland (X units), Belgium (X units) and Sweden (X units) were the main suppliers of self-propelled rock cutter imports to Switzerland, with a combined 83% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +13.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-propelled rock cutter suppliers to Switzerland were Finland ($X), Sweden ($X) and Belgium ($X), together accounting for 85% of total imports.

Finland, with a CAGR of +23.3%, recorded the highest rates of growth with regard to 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 self-propelled rock cutter import price amounted to $X per unit, picking up by 58% against the previous year. Overall, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, self-propelled rock cutter import price increased by +99.2% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Finland ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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