Switzerland: Microphone Market 2024

Microphone Market Size in Switzerland

In 2022, the Swiss microphone market increased by X% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption recorded a resilient increase. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the immediate term.

Microphone Exports

Exports from Switzerland

In 2022, overseas shipments of microphones and their stands decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, microphone exports dropped sharply to $X in 2022. Overall, exports showed a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X units), Vietnam (X units) and China (X units) were the main destinations of microphone exports from Switzerland, together comprising X% 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 Taiwan (Chinese) (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for microphones and their stands exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the average microphone export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price showed a mild curtailment. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average 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 the United States ($X per unit), while the average price for exports to China ($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 Germany (X%), while the prices for the other major destinations experienced a decline.

Microphone Imports

Imports into Switzerland

In 2022, overseas purchases of microphones and their stands increased by X% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, microphone imports rose sharply to $X in 2022. Overall, total imports indicated pronounced growth 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 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

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

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

In value terms, China ($X), Malaysia ($X) and Germany ($X) constituted the largest microphone suppliers to Switzerland, together comprising X% of total imports.

Malaysia, with a CAGR of X%, 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

In 2022, the average microphone import price amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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