Switzerland: Aircraft Market 2024

Aircraft Market Size in Switzerland

In 2023, the Swiss aircraft market increased by X% to $X for the first time since 2019, thus ending a three-year declining trend. In general, consumption showed temperate growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Aircraft Production in Switzerland

In value terms, aircraft production reduced remarkably to $X in 2023 estimated in export price. Over the period under review, production, however, saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X,113,100% against the previous year. Aircraft production peaked at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

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Aircraft Exports

Exports from Switzerland

In 2023, approx. X units of airplanes and other aircraft were exported from Switzerland; declining by X% against the year before. Overall, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at X units in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, aircraft exports reduced dramatically to $X in 2023. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

The United States (X units), Australia (X units) and Austria (X units) were the main destinations of aircraft exports from Switzerland, with a combined X% share of total exports.

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

In value terms, the United States ($X) remains the key foreign market for airplanes and other aircraft exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Australia (X% per year).

Export Prices by Country

In 2023, the average aircraft export price amounted to $X per unit, standing approx. at the previous year. Overall, the export price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices attained the maximum at $X,113 per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Imports

Imports into Switzerland

In 2023, imports of airplanes and other aircraft into Switzerland rose remarkably to X units, increasing by X% on 2022. In general, imports continue to indicate a modest increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, aircraft imports reduced to $X in 2023. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.

Imports by Country

France (X units), the United States (X units) and Germany (X units) were the main suppliers of aircraft imports to Switzerland, with a combined X% share of total imports. Italy, the Czech Republic, Austria, South Africa, China, Sweden, Poland, Slovenia and Israel lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X) constituted the largest supplier of airplanes and other aircraft to Switzerland, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2023, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average aircraft import price stood at $X per unit in 2023, declining by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, and then contracted in the following year.

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

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

Source: IndexBox Platform