Switzerland - Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Switzerland - Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Boring Machinery Price in Switzerland - 2023

Contents:

  1. Boring Machinery Price in Switzerland (CIF) - 2022
  2. Boring Machinery Price in Switzerland (FOB) - 2022
  3. Boring Machinery Imports in Switzerland
  4. Boring Machinery Exports in Switzerland

Boring Machinery Price in Switzerland (CIF) - 2022

The average boring machinery import price stood at $106,306 per unit in 2022, picking up by 46% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 78%. As a result, import price reached the peak level of $130,805 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($140,228 per unit), while the price for the Czech Republic ($27,724 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Boring Machinery Price in Switzerland (FOB) - 2022

The average boring machinery export price stood at $72,078 per unit in 2022, surging by 28% against the previous year. Overall, the export price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2017 an increase of 154% against the previous year. The export price peaked at $113,319 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($215,784 per unit), while the average price for exports to Cote d'Ivoire ($14,536 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 Austria (+4.0%), while the prices for the other major destinations experienced a decline.

Boring Machinery Imports in Switzerland

In 2022, after three years of growth, there was significant decline in supplies from abroad of boring or sinking machinery, when their volume decreased by -30.3% to 53 units. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. Over the period under review, imports attained the maximum at 76 units in 2021, and then reduced remarkably in the following year.

In value terms, boring machinery imports reached $5.6M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 35%. As a result, imports attained the peak of $6.1M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Boring Machinery in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,4132,4182,4152,9326.7%
Italy1,3381,3171,421893-12.6%
United States6.7482159699370.8%
TurkeyN/AN/AN/A5320%
Netherlands83.089731817628.5%
Austria77.737339112416.9%
China37.748.223156.214.2%
Czech RepublicN/A1.958.420.5228.5%
Others531535559170-31.6%
Total4,4886,0715,5525,6027.7%

Top Suppliers of Boring Machinery to Switzerland in 2022:

  1. Germany (23.0 units)
  2. Italy (15.0 units)
  3. United States (5.0 units)
  4. Turkey (4.0 units)
  5. Netherlands (2.0 units)
  6. Czech Republic (1.0 units)
  7. Austria (1.0 units)
  8. China (1.0 units)

Boring Machinery Exports in Switzerland

In 2022, after three years of growth, there was significant decline in overseas shipments of boring or sinking machinery, when their volume decreased by -25.6% to 64 units. In general, total exports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 26%. The exports peaked at 86 units in 2021, and then shrank sharply in the following year.

In value terms, boring machinery exports reduced slightly to $4.6M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. As a result, the exports reached the peak of $4.8M, and then reduced in the following year.

Export of Boring Machinery in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2968978521,50872.1%
France57847961378010.5%
Germany1,7341,2501,578731-25.0%
Italy12967618940246.1%
Poland578126303149-36.4%
Norway21414115.5140-13.2%
Denmark0.44.66.5108546.3%
Cote d'IvoireN/AN/AN/A37.10%
Others1,0517181,288784-9.3%
Total4,5804,2914,8464,6390.4%

Top Export Markets for Boring Machinery from Switzerland in 2022:

  1. Germany (24.0 units)
  2. Austria (13.0 units)
  3. Italy (10.0 units)
  4. France (8.0 units)
  5. Cote d'Ivoire (3.0 units)
  6. Denmark (1.0 units)
  7. Poland (1.0 units)
  8. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the boring machinery market in Switzerland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)

Country coverage:

  • Switzerland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Switzerland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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