Switzerland: Underground Continuous-Action Elevator Market 2024

Underground Continuous-Action Elevator Market Size in Switzerland

The Swiss underground continuous-action elevator market expanded slightly to $X in 2022, increasing by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Underground Continuous-Action Elevator Production in Switzerland

In value terms, underground continuous-action elevator production reached $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Underground Continuous-Action Elevator Exports

Exports from Switzerland

In 2022, shipments abroad of underground continuous-action elevators and conveyors increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, underground continuous-action elevator exports soared to $X in 2022. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

France (X units), the UK (X units) and Canada (X units) were the main destinations of underground continuous-action elevator exports from Switzerland, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for underground continuous-action elevator exported from Switzerland were Austria ($X), France ($X) and the UK ($X), with a combined X% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average underground continuous-action elevator export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price saw a slight decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

Underground Continuous-Action Elevator Imports

Imports into Switzerland

In 2022, underground continuous-action elevator imports into Switzerland skyrocketed to X units, growing by X% compared with the previous year's figure. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, underground continuous-action elevator imports soared to $X in 2022. Over the period under review, imports recorded strong growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X units) constituted the largest underground continuous-action elevator supplier to Switzerland, accounting for a X% share of total imports. Moreover, underground continuous-action elevator imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by France (X units), with a X% share.

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

In value terms, the largest underground continuous-action elevator suppliers to Switzerland were Germany ($X), China ($X) and France ($X), with a combined X% share of total imports.

In terms of the main suppliers, France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 underground continuous-action elevator import price amounted to $X per unit, declining by X% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a 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 France ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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