Switzerland: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in Switzerland

For the sixth year in a row, the Swiss hand-operated air pump market recorded growth in sales value, which increased by 0.8% to $X in 2022. Over the period under review, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +76.9% against 2016 indices. Hand-operated air pump consumption peaked in 2022 and is expected to retain growth in years to come.

Hand-Operated Air Pump Exports

Exports from Switzerland

In 2022, shipments abroad of hand or foot-operated air pumps increased by 3.2% to X units, rising for the third consecutive year after three years of decline. Overall, exports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 48%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hand-operated air pump exports surged to $X in 2022. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 62%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Morocco (X units) and Australia (X units) were the main destinations of hand-operated air pump exports from Switzerland, together comprising 52% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +70.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for hand or foot-operated air pumps exports from Switzerland, comprising 46% of total exports. The second position in the ranking was held by China ($X), with a 9.4% share of total exports. It was followed by France, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+20.1% per year) and France (-10.8% per year).

Export Prices by Country

The average hand-operated air pump export price stood at $X per unit in 2022, picking up by 55% against the previous year. In general, the export price showed a strong increase. The growth pace was the most rapid in 2019 an increase of 86% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Operated Air Pump Imports

Imports into Switzerland

After two years of growth, purchases abroad of hand or foot-operated air pumps decreased by -3.6% to X units in 2022. The total import volume increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, hand-operated air pump imports stood at $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.2% against 2016 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Germany (X units) were the main suppliers of hand-operated air pump imports to Switzerland, with a combined 94% share of total imports. The United States, Italy and France lagged somewhat behind, together comprising a further 4.2%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +10.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), China ($X) and Germany ($X) constituted the largest hand-operated air pump suppliers to Switzerland, together accounting for 86% of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +10.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hand-operated air pump import price stood at $X per unit in 2022, with an increase of 5.4% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand-operated air pump import price increased by +54.0% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 11%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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