Switzerland: Brakes And Servo-Brakes Market 2024

Brakes And Servo-Brakes Market Size in Switzerland

In 2022, the Swiss brakes and servo-brakes market increased by X% to $X, rising for the fifth consecutive year after five years of decline. In general, consumption, however, continues to indicate a pronounced setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Brakes And Servo-Brakes Production in Switzerland

In value terms, brakes and servo-brakes production contracted slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible descent. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Brakes And Servo-Brakes Exports

Exports from Switzerland

In 2022, the amount of brakes and servo-brakes exported from Switzerland reached X tons, growing by X% against 2021 figures. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, brakes and servo-brakes exports expanded modestly to $X in 2022. In general, exports enjoyed resilient growth. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for brakes and servo-brakes exports from Switzerland, accounting for a X% share of total exports. Moreover, brakes and servo-brakes exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), sevenfold. The third position in this ranking was taken by Turkey (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Turkey (X% per year).

In value terms, Germany ($X) remains the key foreign market for brakes and servo-brakes exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Turkey (X% per year).

Export Prices by Country

The average brakes and servo-brakes export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price recorded a perceptible decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to France ($X 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 China (X%), while the prices for the other major destinations experienced a decline.

Brakes And Servo-Brakes Imports

Imports into Switzerland

In 2022, supplies from abroad of brakes and servo-brakes increased by X% to X tons, rising for the fifth year in a row after two years of decline. In general, imports saw a strong increase. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, brakes and servo-brakes imports rose markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest brakes and servo-brakes supplier to Switzerland, with a X% share of total imports. Moreover, brakes and servo-brakes imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

In value terms, Germany ($X) constituted the largest supplier of brakes and servo-brakes to Switzerland, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average brakes and servo-brakes import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform