Switzerland: Test And Measurement Market 2024

Test And Measurement Market Size in Switzerland

The Swiss test and measurement market skyrocketed to $X in 2022, surging by X% against the previous year. Over the period under review, consumption showed a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Test And Measurement Production in Switzerland

In value terms, test and measurement production declined slightly to $X in 2022 estimated in export price. Overall, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Test and measurement production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Test And Measurement Exports

Exports from Switzerland

In 2022, the amount of instruments and apparatus for measuring or checking pressure of liquids or gasses exported from Switzerland expanded to X units, rising by X% on the previous year's figure. In general, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, test and measurement exports rose markedly to $X in 2022. Overall, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units), Malaysia (X units) and the United States (X units) were the main destinations of test and measurement exports from Switzerland, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the United States ($X) were the largest markets for test and measurement exported from Switzerland worldwide, with a combined X% share of total exports. Malaysia, Italy, France, Hong Kong SAR, the Netherlands and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average test and measurement export price amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, saw a mild decline. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, 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 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 more modest paces of growth.

Test And Measurement Imports

Imports into Switzerland

In 2022, imports of instruments and apparatus for measuring or checking pressure of liquids or gasses into Switzerland rose remarkably to X units, increasing by X% compared with the year before. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, test and measurement imports reduced to $X in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted slightly in the following year.

Imports by Country

Germany (X units), Poland (X units) and Japan (X units) were the main suppliers of test and measurement imports to Switzerland, together accounting for X% of total imports. China, Italy, Taiwan (Chinese), Romania, Finland, the United States, Slovenia and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of instruments and apparatus for measuring or checking pressure of liquids or gasses to Switzerland, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Finland, with a X% share.

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

Import Prices by Country

The average test and measurement import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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