Switzerland: Stone Polishing Machine Market 2023

Stone Polishing Machine Market Size in Switzerland

In 2021, the Swiss stone polishing machine market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Stone Polishing Machine Exports

Exports from Switzerland

In 2021, the amount of grinding or polishing machines for working stone, ceramics and concrete exported from Switzerland stood at X units, picking up by 4.2% against the year before. In general, exports, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 91% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, stone polishing machine exports shrank sharply to $X in 2021. Overall, exports, however, saw a deep contraction. The growth pace was the most rapid in 2017 when exports increased by 138% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then fell notably in the following year.

Exports by Country

Germany (X units) was the main destination for stone polishing machine exports from Switzerland, accounting for a 60% share of total exports. Moreover, stone polishing machine exports to Germany exceeded the volume sent to the second major destination, Thailand (X units), eightfold. The third position in this ranking was taken by France (X units), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+23.7% per year) and France (-5.3% per year).

In value terms, Germany ($X) remains the key foreign market for grinding or polishing machines for working stone, ceramics and concrete exports from Switzerland, comprising 46% of total exports. The second position in the ranking was held by China ($X), with a 9.9% share of total exports. It was followed by Mauritius, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-6.4% per year) and Mauritius (-1.8% per year).

Export Prices by Country

The average stone polishing machine export price stood at $X per unit in 2021, with a decrease of -74.5% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 154%. As a result, the export price attained the peak level of $X per unit, and then declined remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Thailand ($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 Mauritius (+3.4%), while the prices for the other major destinations experienced a decline.

Stone Polishing Machine Imports

Imports into Switzerland

After two years of decline, overseas purchases of grinding or polishing machines for working stone, ceramics and concrete increased by 84% to X units in 2021. Over the period under review, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, stone polishing machine imports totaled $X in 2021. Overall, imports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2018 when imports increased by 84% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest stone polishing machine supplier to Switzerland, accounting for a 53% share of total imports. Moreover, stone polishing machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The Netherlands (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.6% per year) and the Netherlands (+12.2% per year).

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the largest stone polishing machine suppliers to Switzerland, together comprising 76% of total imports. China, the United States, Austria, the Netherlands and Sweden lagged somewhat behind, together comprising a further 16%.

In terms of the main suppliers, China, with a CAGR of +9.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average stone polishing machine import price stood at $X per unit in 2021, which is down by -45.5% against the previous year. Over the period under review, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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