Switzerland: Thread Rolling Machine Market 2024

Thread Rolling Machine Market Size in Switzerland

The Swiss thread rolling machine market reduced sharply to $X in 2022, shrinking by -65.1% against the previous year. Overall, consumption showed a abrupt decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Thread Rolling Machine Production in Switzerland

In value terms, thread rolling machine production declined to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 18% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Thread Rolling Machine Exports

Exports from Switzerland

In 2022, thread rolling machine exports from Switzerland contracted remarkably to X units, which is down by -33.3% against 2021 figures. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2018 when exports increased by 375% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, thread rolling machine exports surged to $X in 2022. Over the period under review, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 1,230% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X units) was the main destination for thread rolling machine exports from Switzerland, accounting for a 64% share of total exports. Moreover, thread rolling machine exports to Bulgaria exceeded the volume sent to the second major destination, Romania (X units), ninefold. The third position in this ranking was held by Congo (X units), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria totaled +27.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and Congo (0.0% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for thread rolling machines for working metal, sintered metal carbides or cermets exports from Switzerland, comprising 88% of total exports. The second position in the ranking was taken by Germany ($X), with a 4.2% share of total exports. It was followed by Turkey, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bulgaria totaled +162.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-28.0% per year) and Turkey (0.0% per year).

Export Prices by Country

The average thread rolling machine export price stood at $X per unit in 2022, jumping by 262% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Congo ($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 Bulgaria (+105.9%), while the prices for the other major destinations experienced more modest paces of growth.

Thread Rolling Machine Imports

Imports into Switzerland

In 2022, approx. X units of thread rolling machines for working metal, sintered metal carbides or cermets were imported into Switzerland; shrinking by -84.2% against 2021. Overall, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 692% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, thread rolling machine imports contracted sharply to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 522%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of thread rolling machine to Switzerland, accounting for a 40% share of total imports. Moreover, thread rolling machine imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Thailand (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+41.4% per year) and Thailand (0.0% per year).

In value terms, Italy ($X) constituted the largest supplier of thread rolling machines for working metal, sintered metal carbides or cermets to Switzerland, comprising 80% of total imports. The second position in the ranking was taken by Germany ($X), with a 7.6% share of total imports. It was followed by the Netherlands, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+16.8% per year) and the Netherlands (+68.3% per year).

Import Prices by Country

The average thread rolling machine import price stood at $X per unit in 2022, growing by 180% against the previous year. In general, the import price posted a significant expansion. The growth pace was the most rapid in 2013 when the average import price increased by 954% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Spain ($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 Netherlands (+68.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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