Switzerland: Wood Bending Machine Market 2022

Wood Bending Machine Market Size in Switzerland

The Swiss wood bending machine market declined to $X in 2021, reducing by -11.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a deep reduction. Wood bending machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wood Bending Machine Exports

Exports from Switzerland

Wood bending machine exports from Switzerland rose remarkably to X units in 2021, increasing by 9.1% compared with the previous year's figure. In general, exports, however, continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 205%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood bending machine exports dropped rapidly to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when exports increased by 135% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units), Poland (X units) and the United States (X units) were the main destinations of wood bending machine exports from Switzerland, together accounting for 67% of total exports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +67.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for wood bending machine exports from Switzerland, comprising 53% of total exports. The second position in the ranking was taken by Germany ($X), with a 19% share of total exports. It was followed by the Czech Republic, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.2% per year) and the Czech Republic (-10.5% per year).

Export Prices by Country

In 2021, the average wood bending machine export price amounted to $X per unit, waning by -33.1% against the previous year. Over the period under review, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Bending Machine Imports

Imports into Switzerland

In 2021, approx. X units of bending or assembling machines were imported into Switzerland; falling by -5.9% on 2020 figures. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by 41%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, wood bending machine imports shrank to $X in 2021. In general, imports saw a pronounced reduction. The pace of growth was the most pronounced in 2019 with an increase of 50% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of wood bending machine to Switzerland, accounting for a 65% share of total imports. Moreover, wood bending machine imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-1.8% per year) and Italy (+9.6% per year).

In value terms, the largest wood bending machine suppliers to Switzerland were Germany ($X), Austria ($X) and Italy ($X), together accounting for 96% of total imports. These countries were followed by France, China and the United States, which together accounted for a further 2%.

China, with a CAGR of +28.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood bending machine import price stood at $X per unit in 2021, remaining stable against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood bending machine import price increased by +30.2% against 2017 indices. The growth pace was the most rapid in 2014 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+42.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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