Switzerland: Market for Toothed wheels, chain sprockets and other transmission elements 2025

Market Size for Toothed wheels, chain sprockets and other transmission elements in Switzerland

In 2021, the Swiss market for toothed wheels, chain sprockets and other transmission elements was finally on the rise to reach $X after three years of decline. In general, consumption saw a buoyant increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Toothed wheels, chain sprockets and other transmission elements in Switzerland

In value terms, production of toothed wheels, chain sprockets and other transmission elements soared to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 55%. Production of peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Toothed wheels, chain sprockets and other transmission elements

Exports from Switzerland

In 2021, after three years of decline, there was significant growth in overseas shipments of toothed wheels, chain sprockets and other transmission elements, when their volume increased by 13% to X tons. Overall, exports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of toothed wheels, chain sprockets and other transmission elements expanded notably to $X in 2021. The total export value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Germany (X tons), the United States (X tons) and China (X tons) were the main destinations of exports of toothed wheels, chain sprockets and other transmission elements from Switzerland, with a combined 69% share of total exports. These countries were followed by France, Poland, Austria, the Czech Republic, Romania, Slovakia and Italy, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +46.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for toothed wheels, chain sprockets and other transmission elements exports from Switzerland, comprising 36% of total exports. The second position in the ranking was held by the United States ($X), with a 9.8% share of total exports. It was followed by China, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+0.3% per year) and China (+7.2% per year).

Export Prices by Country

In 2021, the average export price for toothed wheels, chain sprockets and other transmission elements amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 19% against the previous year. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Toothed wheels, chain sprockets and other transmission elements

Imports into Switzerland

Imports of toothed wheels, chain sprockets and other transmission elements into Switzerland skyrocketed to X tons in 2021, jumping by 30% against the previous year. Over the period under review, imports saw temperate growth. The most prominent rate of growth was recorded in 2020 when imports increased by 81% against the previous year. Over the period under review, imports of reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, imports of toothed wheels, chain sprockets and other transmission elements skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of toothed wheels, chain sprockets and other transmission elements to Switzerland, with a 41% share of total imports. Moreover, imports of toothed wheels, chain sprockets and other transmission elements from Germany exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+12.8% per year) and Italy (+3.5% per year).

In value terms, Germany ($X) constituted the largest supplier of toothed wheels, chain sprockets and other transmission elements to Switzerland, comprising 50% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by India, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.9% per year) and India (+10.7% per year).

Import Prices by Country

In 2021, the average import price for toothed wheels, chain sprockets and other transmission elements amounted to $X per ton, declining by -5.1% against the previous year. In general, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 88% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 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 ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :