Switzerland: Threshing Machinery Market 2024

Threshing Machinery Market Size in Switzerland

The Swiss threshing machinery market reduced to $X in 2022, with a decrease of -6.8% against the previous year. In general, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 +7.2% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Threshing Machinery Production in Switzerland

In value terms, threshing machinery production shrank to $X in 2022 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +7.4% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 30%. Threshing machinery production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Threshing Machinery Exports

Exports from Switzerland

In 2022, the amount of threshing machinery except combine harvester-threshers exported from Switzerland soared to X units, picking up by 81% compared with the year before. Over the period under review, exports recorded a noticeable expansion. The pace of growth appeared the most rapid in 2014 with an increase of 387% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, threshing machinery exports contracted significantly to $X in 2022. Overall, exports posted a strong expansion. The growth pace was the most rapid in 2014 when exports increased by 1,866% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for threshing machinery exports from Switzerland, with a 74% share of total exports. Moreover, threshing machinery exports to Germany exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +30.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-26.8% per year) and Serbia (-18.2% per year).

In value terms, Germany ($X) emerged as the key foreign market for threshing machinery except combine harvester-threshers exports from Switzerland, comprising 97% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 2.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-32.7% per year) and Serbia (-35.4% per year).

Export Prices by Country

The average threshing machinery export price stood at $X per unit in 2022, with a decrease of -54.9% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 1,344%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Serbia ($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 Italy (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Threshing Machinery Imports

Imports into Switzerland

In 2022, the amount of threshing machinery except combine harvester-threshers imported into Switzerland contracted sharply to X units, shrinking by -15.1% compared with 2021. Over the period under review, imports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2014 with an increase of 165%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, threshing machinery imports fell sharply to $X in 2022. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 232% against the previous year. Imports peaked at $X in 2021, and then fell rapidly in the following year.

Imports by Country

In 2022, France (X units) constituted the largest threshing machinery supplier to Switzerland, accounting for a 46% share of total imports. Moreover, threshing machinery imports from France exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was held by Germany (X units), with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.9% per year) and Germany (+6.2% per year).

In value terms, the largest threshing machinery suppliers to Switzerland were France ($X), Italy ($X) and Germany ($X), with a combined 81% share of total imports. These countries were followed by Austria, the Netherlands, Sweden, Turkey and Bosnia and Herzegovina, which together accounted for a further 19%.

Among the main suppliers, Austria, with a CAGR of +11.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average threshing machinery import price amounted to $X per unit, waning by -15.6% against the previous year. Overall, the import price saw a pronounced curtailment. The pace of growth was the most pronounced in 2017 an increase of 33%. The import price peaked at $X per unit in 2014; however, from 2015 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 the Netherlands ($X per unit), while the price for Bosnia and Herzegovina ($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 (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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