Switzerland - Road Wheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoad Wheel Price in Switzerland - 2023
Contents:
- Road Wheel Price in Switzerland (CIF) - 2023
- Road Wheel Price in Switzerland (FOB) - 2022
- Road Wheel Imports in Switzerland
- Road Wheel Exports in Switzerland
Road Wheel Price in Switzerland (CIF) - 2023
The average road wheel import price stood at $13,272 per ton in September 2023, shrinking by -6.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 17% against the previous month. As a result, import price reached the peak level of $14,867 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Mexico ($23,862 per ton), while the price for China ($6,641 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Road Wheel Price in Switzerland (FOB) - 2022
In 2022, the average road wheel export price amounted to $3,307 per ton, surging by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 an increase of 23% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($5,581 per ton), while the average price for exports to Nigeria ($366 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Road Wheel Imports in Switzerland
Road wheel imports into Switzerland reduced to 16K tons in 2022, with a decrease of -7.8% compared with the previous year's figure. In general, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 9.7% against the previous year. As a result, imports reached the peak of 17K tons, and then declined in the following year.
In value terms, road wheel imports dropped modestly to $189M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of $199M, and then contracted modestly in the following year.
| Import of Road Wheel in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 109 | 106 | 118 | 108 | -0.3% |
| Italy | 16.6 | 17.0 | 17.0 | 16.8 | 0.4% |
| China | 8.6 | 7.7 | 11.2 | 10.8 | 7.9% |
| Turkey | 5.9 | 5.3 | 6.7 | 9.4 | 16.8% |
| Czech Republic | 4.9 | 4.3 | 5.6 | 5.4 | 3.3% |
| Belgium | 6.2 | 4.0 | 5.1 | 4.7 | -8.8% |
| Spain | 1.7 | 2.6 | 2.0 | 3.8 | 30.8% |
| France | 2.6 | 2.7 | 5.1 | 3.7 | 12.5% |
| Poland | 4.7 | 3.8 | 4.5 | 3.0 | -13.9% |
| United States | 7.4 | 5.7 | 5.5 | 3.0 | -26.0% |
| Netherlands | 1.9 | 1.9 | 2.0 | 2.6 | 11.0% |
| Austria | 4.6 | 2.4 | 2.9 | 1.9 | -25.5% |
| Others | 15.3 | 15.3 | 12.7 | 16.5 | 2.5% |
| Total | 190 | 179 | 199 | 189 | -0.2% |
Top Suppliers of Road Wheel to Switzerland in 2022:
- Germany (8.4K tons)
- Italy (1.6K tons)
- Turkey (1.3K tons)
- China (1.3K tons)
- Czech Republic (0.4K tons)
- France (0.4K tons)
- Austria (0.3K tons)
- Belgium (0.3K tons)
- Spain (0.3K tons)
- Netherlands (0.2K tons)
- Poland (0.2K tons)
- United States (0.1K tons)
Road Wheel Exports in Switzerland
In 2022, road wheel exports from Switzerland shrank to 11K tons, which is down by -11% on the previous year. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 11%.
In value terms, road wheel exports shrank slightly to $37M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of $39M, and then reduced modestly in the following year.
| Export of Road Wheel in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.8 | 18.4 | 21.9 | 19.5 | -6.4% |
| Canada | 3.2 | 2.2 | 4.7 | 9.1 | 41.7% |
| Austria | 5.5 | 3.0 | 4.6 | 2.9 | -19.2% |
| United States | 1.0 | 1.5 | 1.9 | 2.3 | 32.0% |
| Nigeria | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 3.5 | 3.1 | 5.4 | 3.3 | -1.9% |
| Total | 37.0 | 28.2 | 38.5 | 37.1 | 0.1% |
Top Export Markets for Road Wheel from Switzerland in 2022:
- Germany (6.3K tons)
- Canada (2.3K tons)
- Austria (0.9K tons)
- United States (0.6K tons)
- Nigeria (0.2K tons)
This report provides an in-depth analysis of the road wheel 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 29323040 - Road wheels and parts and accessories thereof
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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