Pumps; Parts Thereof Price in Switzerland - 2023

Contents:

1. Pumps; Parts Thereof Price in Switzerland (FOB) - 2023
2. Pumps; Parts Thereof Price in Switzerland (CIF) - 2023
3. Pumps; Parts Thereof Exports in Switzerland
4. Pumps; Parts Thereof Imports in Switzerland

Pumps; Parts Thereof Price in Switzerland (FOB) - 2023

In July 2023, the average pumps; parts thereof export price amounted to $87,862 per ton, increasing by 9.1% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +4.8%. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 64% against the previous month. Over the period under review, the average export prices attained the peak figure at $95,856 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the United States ($318K per ton), while the average price for exports to Hungary ($35,604 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Price in Switzerland (CIF) - 2023

In July 2023, the average pumps; parts thereof import price amounted to $32,601 per ton, surging by 16% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 24% against the previous month. As a result, import price attained the peak level of $32,850 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($41,464 per ton), while the price for Poland ($6,222 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumps; Parts Thereof Exports in Switzerland

In 2022, the amount of pumps; parts thereoves exported from Switzerland shrank slightly to 3K tons, flattening at the previous year. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of 3K tons, leveling off in the following year.

In value terms, pumps; parts thereof exports expanded to $215M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Pumps; Parts Thereof from Switzerland in 2022:

1. Germany (1043.2 tons)
2. China (385.3 tons)
3. Hungary (324.3 tons)
4. Italy (261.7 tons)
5. Austria (238.0 tons)
6. France (113.2 tons)
7. United States (89.7 tons)
8. United Kingdom (63.3 tons)
9. Czech Republic (49.0 tons)
10. Turkey (47.4 tons)
11. Netherlands (41.2 tons)

Pumps; Parts Thereof Imports in Switzerland

For the fourth consecutive year, Switzerland recorded growth in purchases abroad of pumps; parts thereoves, which increased by 7.3% to 4.4K tons in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 124%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, pumps; parts thereof imports dropped modestly to $119M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, imports reached the peak of $124M, and then dropped slightly in the following year.

Top Suppliers of Pumps; Parts Thereof to Switzerland in 2022:

1. Germany (1742.5 tons)
2. Italy (474.0 tons)
3. India (314.9 tons)
4. Poland (279.8 tons)
5. Austria (270.8 tons)
6. Hungary (234.9 tons)
7. Peru (197.2 tons)
8. China (185.1 tons)
9. France (127.4 tons)
10. Czech Republic (104.2 tons)
11. Denmark (69.3 tons)

Source: IndexBox Market Intelligence Platform