Switzerland: Threshing Machinery Market 2024

Threshing Machinery Market Size in Switzerland

The Swiss threshing machinery market declined slightly to $X in 2023, which is down by X% against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Threshing Machinery Production in Switzerland

In value terms, threshing machinery production shrank slightly to $X in 2023 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Threshing machinery production peaked at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

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Threshing Machinery Exports

Exports from Switzerland

In 2023, overseas shipments of threshing machinery except combine harvester-threshers were finally on the rise to reach X units for the first time since 2019, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a mild increase. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2023, the growth of the exports failed to regain momentum.

In value terms, threshing machinery exports dropped sharply to $X in 2023. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Serbia (X units) was the main destination for threshing machinery exports from Switzerland, with a approx. X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to Serbia totaled X%.

In value terms, Serbia ($X) emerged as the key foreign market for threshing machinery except combine harvester-threshers exports from Switzerland.

From 2012 to 2023, the average annual rate of growth in terms of value to Serbia amounted to X%.

Export Prices by Country

In 2023, the average threshing machinery export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From 2012 to 2023, the rate of growth in terms of prices for Italy amounted to X% per year.

Threshing Machinery Imports

Imports into Switzerland

Threshing machinery imports into Switzerland declined remarkably to X units in 2023, with a decrease of X% on the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, threshing machinery imports shrank significantly to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

France (X units), Italy (X units) and Germany (X units) were the main suppliers of threshing machinery imports to Switzerland, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), France ($X) and Germany ($X) appeared to be the largest threshing machinery suppliers to Switzerland, together accounting for X% of total imports. Spain, the UK, Poland, the Netherlands, Austria and China lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2023, the average threshing machinery import price amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, saw a slight curtailment. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform