Switzerland: Market for Machines For Preparing, Weaving And Knitting Textiles 2024

Market Size for Machines For Preparing, Weaving And Knitting Textiles in Switzerland

In 2023, after two years of growth, there was decline in the Swiss market for machines for preparing, weaving and knitting textiles, when its value decreased by X% to $X. Over the period under review, the total consumption indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Textile weaving and knitting machinery consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Machines For Preparing, Weaving And Knitting Textiles in Switzerland

In value terms, textile weaving and knitting machinery production expanded sharply to $X in 2023 estimated in export price. In general, production recorded perceptible growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Textile weaving and knitting machinery production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from Switzerland

Textile weaving and knitting machinery exports from Switzerland dropped to X units in 2023, falling by X% against the previous year. Over the period under review, exports saw a slight decrease. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, textile weaving and knitting machinery exports declined to $X in 2023. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X units), Italy (X units) and India (X units) were the main destinations of textile weaving and knitting machinery exports from Switzerland, together accounting for X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the key foreign market for machines for preparing, weaving and knitting textiles exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Italy (X% per year).

Export Prices by Country

In 2023, the average export price for machines for preparing, weaving and knitting textiles amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Latvia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into Switzerland

Textile weaving and knitting machinery imports into Switzerland expanded rapidly to X units in 2023, surging by X% on 2022. Over the period under review, imports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X units. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, textile weaving and knitting machinery imports contracted significantly to $X in 2023. In general, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Germany (X units) constituted the largest supplier of textile weaving and knitting machinery to Switzerland, with a X% share of total imports. Moreover, textile weaving and knitting machinery imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Italy (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Germany amounted to 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 ($X) constituted the largest supplier of machines for preparing, weaving and knitting textiles to Switzerland, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2023, 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: Italy (X% per year) and China (X% per year).

Import Prices by Country

In 2023, the average import price for machines for preparing, weaving and knitting textiles amounted to $X per unit, waning by X% against the previous year. In general, the import price recorded a slight setback. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2023, 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 Czech Republic ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform