Switzerland: Milling Industry Machinery Market 2024

Milling Industry Machinery Market Size in Switzerland

In 2023, the Swiss milling industry machinery market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs in 2023 and is expected to retain growth in years to come.

Milling Industry Machinery Production in Switzerland

In value terms, milling industry machinery production reduced markedly to $X in 2023 estimated in export price. In general, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Milling Industry Machinery Exports

Exports from Switzerland

Milling industry machinery exports from Switzerland dropped significantly to X units in 2023, with a decrease of X% compared with 2022 figures. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2022 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, milling industry machinery exports shrank dramatically to $X in 2023. Over the period under review, exports recorded a deep downturn. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for milling industry machinery exports from Switzerland, accounting for a X% share of total exports. Moreover, milling industry machinery exports to the United States exceeded the volume sent to the second major destination, Canada (X units), threefold. Germany (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Germany (X% per year).

In value terms, the United States ($X), Saudi Arabia ($X) and Germany ($X) appeared to be the largest markets for milling industry machinery exported from Switzerland worldwide, with a combined X% share of total exports. Spain, Canada, France, Austria, Japan, Finland, Mexico, Brazil and the Czech Republic lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average milling industry machinery export price stood at $X per unit in 2023, which is down by X% against the previous year. In general, the export price showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2023, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to the United States ($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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Milling Industry Machinery Imports

Imports into Switzerland

In 2023, the amount of milling industry machinery imported into Switzerland surged to X units, jumping by X% against 2022 figures. Overall, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, milling industry machinery imports skyrocketed to $X in 2023. In general, imports enjoyed a temperate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Spain (X units) were the main suppliers of milling industry machinery imports to Switzerland, with a combined X% share of total imports. Italy, Austria, Poland, France, Portugal and Denmark lagged somewhat behind, together comprising a further X%. Moreover, milling industry machinery imports in China exceeded the figures recorded by the second-largest supplier, Germany, twofold.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of milling industry machinery to Switzerland, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2023, the average milling industry machinery import price amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Portugal ($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