Switzerland: Railway Passenger Coach Market 2024

Railway Passenger Coach Market Size in Switzerland

The Swiss railway passenger coach market dropped to $X in 2022, shrinking by X% against the previous year. Over the period under review, the total consumption indicated prominent 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, consumption increased by X% against 2020 indices. Railway passenger coach consumption peaked at $X in 2021, and then declined in the following year.

Railway Passenger Coach Production in Switzerland

In value terms, railway passenger coach production reduced to $X in 2022 estimated in export price. In general, production recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Railway passenger coach production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Railway Passenger Coach Exports

Exports from Switzerland

For the third consecutive year, Switzerland recorded growth in overseas shipments of railway or tramway passenger coaches (not self-propelled), which increased by X% to X units in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, railway passenger coach exports shrank dramatically to $X in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for railway passenger coach exports from Switzerland, accounting for a X% share of total exports. It was followed by Sweden (X units), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to France amounted to X%.

In value terms, the largest markets for railway passenger coach exported from Switzerland were Sweden ($X) and France ($X).

France, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average railway passenger coach export price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X,796 per unit in 2019; however, from 2020 to 2022, the 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 Sweden ($X,787 per unit), while the average price for exports to France amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Passenger Coach Imports

Imports into Switzerland

In 2022, the amount of railway or tramway passenger coaches (not self-propelled) imported into Switzerland reduced markedly to X units, waning by X% against the previous year. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X units in 2021, and then contracted notably in the following year.

In value terms, railway passenger coach imports declined markedly to $X in 2022. Over the period under review, imports recorded a pronounced curtailment. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then declined notably in the following year.

Imports by Country

In 2022, Hungary (X units) constituted the largest supplier of railway passenger coach to Switzerland, with a X% share of total imports. Moreover, railway passenger coach imports from Hungary exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Poland (X units) ranked third in terms of total imports with an X% share.

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

In value terms, Hungary ($X), Germany ($X) and Poland ($X) appeared to be the largest railway passenger coach suppliers to Switzerland, with a combined X% share of total imports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average railway passenger coach import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X,847 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 ($X,181 per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform