Switzerland: Timer Market 2025

Timer Market Size in Switzerland

The Swiss timer market fell slightly to $X in 2022, reducing by -3.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a abrupt decline. Timer consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Timer Exports

Exports from Switzerland

In 2022, overseas shipments of timers increased by 53% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 143%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, timer exports soared to $X in 2022. Overall, exports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2017 with an increase of 249% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X units) was the main destination for timer exports from Switzerland, with a 71% share of total exports. Moreover, timer exports to Italy exceeded the volume sent to the second major destination, France (X units), threefold. The third position in this ranking was taken by Belgium (X units), with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at +62.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.5% per year) and Belgium (+98.1% per year).

In value terms, the largest markets for timer exported from Switzerland were France ($X), Italy ($X) and Belgium ($X), with a combined 97% share of total exports.

Belgium, with a CAGR of +128.8%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average timer export price amounted to $X per unit, dropping by -18.6% against the previous year. In general, the export price faced a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 44%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Germany ($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 Belgium (+15.5%), while the prices for the other major destinations experienced a decline.

Timer Imports

Imports into Switzerland

Timer imports into Switzerland was estimated at X units in 2022, growing by 11% on the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 58% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, timer imports shrank to $X in 2022. Overall, imports, however, faced a abrupt decrease. The growth pace was the most rapid in 2018 when imports increased by 87%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Germany (X units) were the main suppliers of timer imports to Switzerland, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +123.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest timer suppliers to Switzerland were China ($X), Germany ($X) and the Netherlands ($X), together comprising 70% of total imports. The United States, Taiwan (Chinese), Thailand, France, Italy, Belgium and Japan lagged somewhat behind, together accounting for a further 24%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +81.2%, 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

The average timer import price stood at $X per unit in 2022, declining by -19.7% against the previous year. Overall, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 48%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Taiwan (Chinese) ($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 United States (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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