Switzerland: Metal Threading Machine Market 2024

Metal Threading Machine Market Size in Switzerland

The Swiss metal threading machine market reached $X in 2021, picking up by 15% against the previous year. In general, consumption showed a modest increase. Metal threading machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Metal Threading Machine Production in Switzerland

In value terms, metal threading machine production expanded remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 28% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Metal Threading Machine Exports

Exports from Switzerland

In 2021, shipments abroad of threading or tapping machines for working metal increased by 69% to X units, rising for the second year in a row after four years of decline. In general, exports showed buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of 269% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal threading machine exports skyrocketed to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 396%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for metal threading machine exports from Switzerland, accounting for a 59% share of total exports. Moreover, metal threading machine exports to Turkey exceeded the volume sent to the second major destination, Russia (X units), threefold. The third position in this ranking was held by Serbia (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey stood at +49.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+95.0% per year) and Serbia (-12.9% per year).

In value terms, Germany ($X) emerged as the key foreign market for threading or tapping machines for working metal exports from Switzerland, comprising 44% of total exports. The second position in the ranking was held by Russia ($X), with a 16% share of total exports. It was followed by Turkey, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+2.4% per year) and Turkey (+11.4% per year).

Export Prices by Country

The average metal threading machine export price stood at $X per unit in 2021, reducing by -17.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of 286% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, 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 Slovenia ($X per unit), while the average price for exports to Serbia ($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 Slovenia (+81.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Threading Machine Imports

Imports into Switzerland

In 2021, approx. X units of threading or tapping machines for working metal were imported into Switzerland; rising by 321% on the previous year. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal threading machine imports soared to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of metal threading machine to Switzerland, accounting for a 73% share of total imports. Moreover, metal threading machine imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. The United States (X units) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +91.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.3% per year) and the United States (+30.9% per year).

In value terms, Italy ($X) constituted the largest supplier of threading or tapping machines for working metal to Switzerland, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 21% share of total imports. It was followed by Taiwan (Chinese), with an 8% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +72.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.1% per year) and Taiwan (Chinese) (-8.3% per year).

Import Prices by Country

In 2021, the average metal threading machine import price amounted to $X per unit, waning by -44.3% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 94%. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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