Switzerland: Steam Turbine Market 2025

Steam Turbine Market Size in Switzerland

The Swiss steam turbine market amounted to $X in 2021, approximately reflecting the previous year. In general, consumption showed a significant expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the near future.

Steam Turbine Production in Switzerland

In value terms, steam turbine production contracted slightly to $X in 2021 estimated in export price. In general, production, however, saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of 1,418%. Over the period under review, production attained the maximum level at $X in 2020, and then contracted modestly in the following year.

Steam Turbine Exports

Exports from Switzerland

In 2021, the amount of steam turbines and other vapor turbines exported from Switzerland contracted sharply to X units, dropping by -71.4% on the previous year. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 525% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, steam turbine exports surged to $X in 2021. Overall, exports showed a significant contraction. The growth pace was the most rapid in 2019 when exports increased by 542%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X units) and Germany (X units) were the main destinations of steam turbine exports from Switzerland.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of -9.4%).

In value terms, Germany ($X), Italy ($X) and the Czech Republic ($X) constituted the largest markets for steam turbine exported from Switzerland worldwide, together comprising 9.1% of total exports.

Germany, with a CAGR of +6.0%, recorded 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 a decline.

Export Prices by Country

In 2021, the average steam turbine export price amounted to $X per unit, with an increase of 426% against the previous year. In general, the export price, however, continues to indicate a precipitous curtailment. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to the Czech Republic amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Turbine Imports

Imports into Switzerland

Steam turbine imports into Switzerland skyrocketed to X units in 2021, increasing by 16,921% on the year before. Over the period under review, imports, however, showed a abrupt decline. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, steam turbine imports skyrocketed to $X in 2021. Overall, imports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 with an increase of 656%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

France (X units), Germany (X units) and Italy (X units) were the main suppliers of steam turbine imports to Switzerland, together comprising 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +18.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Germany ($X) and France ($X) constituted the largest steam turbine suppliers to Switzerland, with a combined 85% share of total imports.

Italy, with a CAGR of +27.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average steam turbine import price amounted to $X per unit, declining by -96.7% against the previous year. Overall, the import price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 653%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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