Switzerland: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Switzerland

In 2022, after three years of growth, there was significant decline in the Swiss market for spray guns and similar appliances, when its value decreased by -8.3% to $X. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +17.1% against 2017 indices. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Production of Spray Guns And Similar Appliances in Switzerland

In value terms, spray guns and similar appliances production declined to $X in 2022 estimated in export price. In general, production showed a perceptible downturn. The pace of growth appeared the most rapid in 2015 with an increase of 268% against the previous year. Spray guns and similar appliances production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Spray Guns And Similar Appliances

Exports from Switzerland

In 2022, shipments abroad of spray guns and similar appliances decreased by -11.7% to X units, falling for the fifth consecutive year after three years of growth. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 62%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, spray guns and similar appliances exports reduced to $X in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for spray guns and similar appliances exports from Switzerland, accounting for a 41% share of total exports. Moreover, spray guns and similar appliances exports to Germany exceeded the volume sent to the second major destination, the United States (X units), twofold. Austria (X units) ranked third in terms of total exports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-10.2% per year) and Austria (+6.3% per year).

In value terms, Germany ($X), the United States ($X) and Austria ($X) appeared to be the largest markets for spray guns and similar appliances exported from Switzerland worldwide, together accounting for 65% of total exports.

Austria, with a CAGR of +1.5%, saw 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 a decline.

Export Prices by Country

In 2022, the average export price for spray guns and similar appliances amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 37%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Switzerland

In 2022, the amount of spray guns and similar appliances imported into Switzerland fell sharply to X units, which is down by -19.3% against the previous year. In general, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of X units, and then contracted sharply in the following year.

In value terms, spray guns and similar appliances imports declined to $X in 2022. The total import value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of spray guns and similar appliances imports to Switzerland, together comprising 84% of total imports. The United States, Ireland, France, the Netherlands and the UK lagged somewhat behind, together comprising a further 9.5%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +187.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of spray guns and similar appliances to Switzerland, comprising 47% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.0% per year) and Italy (+0.7% per year).

Import Prices by Country

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, with an increase of 6.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 30% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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