Switzerland: Wood Milling Machine Market 2022

Wood Milling Machine Market Size in Switzerland

The Swiss wood milling machine market soared to $X in 2021, increasing by 94% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a relatively flat trend pattern. Wood milling machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Wood Milling Machine Exports

Exports from Switzerland

After two years of growth, shipments abroad of planing, milling or moulding machines decreased by -27.3% to X units in 2021. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 59%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, wood milling machine exports rose notably to $X in 2021. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2015 when exports increased by 90% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Poland (X units) and the United States (X units) were the main destinations of wood milling machine exports from Switzerland, with a combined 73% share of total exports. Belgium, Serbia, Italy, France and Egypt lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +108.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Germany ($X) and Belgium ($X) were the largest markets for wood milling machine exported from Switzerland worldwide, with a combined 75% share of total exports.

Belgium, with a CAGR of +122.0%, 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 2021, the average wood milling machine export price amounted to $X per unit, increasing by 53% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 55%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Milling Machine Imports

Imports into Switzerland

In 2021, the amount of planing, milling or moulding machines imported into Switzerland surged to X units, rising by 130% on 2020. In general, imports, however, showed a relatively flat trend pattern. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, wood milling machine imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a perceptible slump. The growth pace was the most rapid in 2016 when imports increased by 51%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of wood milling machine to Switzerland, with a 55% share of total imports. Moreover, wood milling machine imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. The third position in this ranking was held by Germany (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +40.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+156.9% per year) and Germany (-21.1% per year).

In value terms, Germany ($X) constituted the largest supplier of wood milling machine to Switzerland, comprising 68% of total imports. The second position in the ranking was taken by the UK ($X), with a 14% share of total imports. It was followed by China, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+122.8% per year) and China (+37.8% per year).

Import Prices by Country

In 2021, the average wood milling machine import price amounted to $X per unit, declining by -41.3% against the previous year. In general, the import price saw a mild downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 128%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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