Switzerland: Market for Grinding And Sharpening Metal Finishing Machines 2024

Market Size for Grinding And Sharpening Metal Finishing Machines in Switzerland

In 2022, after four years of growth, there was significant decline in the Swiss grinding and sharpening machine market, when its value decreased by X% to $X. In general, consumption, however, enjoyed a noticeable expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then declined dramatically in the following year.

Production of Grinding And Sharpening Metal Finishing Machines in Switzerland

In value terms, grinding and sharpening machine production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, showed a notable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Grinding And Sharpening Metal Finishing Machines

Exports from Switzerland

In 2022, exports of grinding and sharpening metal finishing machines from Switzerland stood at X units, growing by X% on the previous year. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, grinding and sharpening machine exports fell slightly to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), France (X units) and Italy (X units) were the main destinations of grinding and sharpening machine exports from Switzerland, with a combined X% share of total exports. Austria, Hungary, Belgium, Serbia, Ireland, Croatia, China, Angola, the United States and Turkey lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), Italy ($X) and Germany ($X) appeared to be the largest markets for grinding and sharpening machine exported from Switzerland worldwide, with a combined X% share of total exports. The United States, France, Turkey, Austria, Hungary, Belgium, Croatia, Angola, Serbia and Ireland lagged somewhat behind, together accounting for a further X%.

Serbia, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average grinding and sharpening machine export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price faced a deep setback. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Ireland ($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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grinding And Sharpening Metal Finishing Machines

Imports into Switzerland

In 2022, after two years of growth, there was significant decline in overseas purchases of grinding and sharpening metal finishing machines, when their volume decreased by X% to X units. Overall, imports, however, showed temperate growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, grinding and sharpening machine imports expanded remarkably to $X in 2022. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of grinding and sharpening machine to Switzerland, accounting for a X% share of total imports. Moreover, grinding and sharpening machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was held by Italy (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Taiwan (Chinese) ($X), Germany ($X) and Italy ($X) were the largest grinding and sharpening machine suppliers to Switzerland, together accounting for X% of total imports.

Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average grinding and sharpening machine import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 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 Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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