Switzerland: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Switzerland

In 2021, the Swiss market for in-hand motor grinders, sanders and planers increased by 36% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from Switzerland

In 2021, the amount of in-hand motor grinders, sanders and planers exported from Switzerland surged to X units, growing by 27% on the previous year's figure. In general, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports of attained the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of in-hand motor grinders, sanders and planers surged to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for exports of in-hand motor grinders, sanders and planers from Switzerland, accounting for a 25% share of total exports. Moreover, exports of in-hand motor grinders, sanders and planers to Germany exceeded the volume sent to the second major destination, the United States (X units), threefold. France (X units) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+6.1% per year) and France (+10.3% per year).

In value terms, Germany ($X), the United States ($X) and Belgium ($X) appeared to be the largest markets for electromechanical tools for working in the hand, with self-contained electric motor exported from Switzerland worldwide, together comprising 50% of total exports. France, Italy, Austria, Russia, Spain, the UK, Poland, Saudi Arabia, South Africa and Chile lagged somewhat behind, together accounting for a further 25%.

Saudi Arabia, with a CAGR of +12.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for in-hand motor grinders, sanders and planers amounted to $X per unit, rising by 2.7% against the previous year. Over the last nine years, it increased at an average annual rate of +4.9%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 21%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Belgium ($X per unit), while the average price for exports to Chile ($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 Germany (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into Switzerland

In 2021, overseas purchases of in-hand motor grinders, sanders and planers increased by 35% to X units, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +47.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Austria (X units) were the main suppliers of imports of in-hand motor grinders, sanders and planers to Switzerland, with a combined 92% share of total imports. These countries were followed by Romania, which accounted for a further 1.7%.

From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +13.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electromechanical tools for working in the hand, with self-contained electric motor suppliers to Switzerland were Germany ($X), China ($X) and Austria ($X), with a combined 87% share of total imports. These countries were followed by Romania, which accounted for a further 2%.

Romania, with a CAGR of +23.6%, recorded the highest rates of growth with regard to 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 import price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, leveling off at the previous year. Over the period under review, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 7.6% against the previous year. The import price peaked 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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