Switzerland: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in Switzerland

In 2021, after six years of growth, there was significant decline in the Swiss turbo-jet (over X kn) market, when its value decreased by -20.8% to $X. In general, consumption, however, enjoyed buoyant growth. Turbo-jet (over X kn) consumption peaked at $X in 2020, and then dropped rapidly in the following year.

Production of Turbo-Jets Of A Thrust Exceeding X kN in Switzerland

In value terms, turbo-jet (over X kn) production fell to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 119%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from Switzerland

In 2021, the amount of turbo-jets of a thrust exceeding X kn exported from Switzerland dropped rapidly to X units, reducing by -25% against the previous year's figure. In general, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 3,650% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, turbo-jet (over X kn) exports shrank significantly to $X in 2021. Overall, exports showed a sharp setback. The pace of growth was the most pronounced in 2017 with an increase of 4,500% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

In value terms, Hong Kong SAR ($X), the UK ($X) and Germany ($X) constituted the largest markets for turbo-jet (over X kn) exported from Switzerland worldwide, together accounting for 40% of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +110.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average turbo-jet (over X kn) export price amounted to $X per unit, dropping by -32.8% against the previous year. Over the period under review, the export price, however, saw a significant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 150%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then fell markedly 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 the UK ($X per unit), while the average price for exports to China ($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 the UK (+302.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into Switzerland

In 2021, after two years of growth, there was decline in supplies from abroad of turbo-jets of a thrust exceeding X kn, when their volume decreased by 0% to X units. Overall, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 100%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, turbo-jet (over X kn) imports shrank rapidly to $X in 2021. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by 10,158% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest turbo-jet (over X kn) supplier to Switzerland, accounting for a approx. 50% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of turbo-jets of a thrust exceeding X kn to Switzerland, comprising 13% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 5.2% share of total imports. It was followed by the Czech Republic, with a 3% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+57.0% per year) and the Czech Republic (+3.0% per year).

Import Prices by Country

In 2021, the average turbo-jet (over X kn) import price amounted to $X per unit, reducing by -29.3% against the previous year. Overall, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 10,158%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a 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 the Czech Republic ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+52.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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