Switzerland - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Switzerland - 2023
Contents:
- Relay Price in Switzerland (FOB) - 2023
- Relay Price in Switzerland (CIF) - 2023
- Relay Exports in Switzerland
- Relay Imports in Switzerland
Relay Price in Switzerland (FOB) - 2023
In September 2023, the average relay export price amounted to $11.2 per unit, shrinking by -4.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 15% against the previous month. The export price peaked at $12.4 per unit in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was France ($16.5 per unit), while the average price for exports to Norway ($2.3 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Relay Price in Switzerland (CIF) - 2023
In September 2023, the average relay import price amounted to $7.2 per unit, picking up by 4.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in December 2022 an increase of 25% m-o-m. The import price peaked at $7.9 per unit in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($9.6 per unit), while the price for Indonesia ($3.2 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Exports in Switzerland
In 2022, after two years of decline, there was growth in overseas shipments of relays, when their volume increased by 1.7% to 13M units. Over the period under review, exports, however, recorded a significant decline. The exports peaked at 32M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, relay exports fell modestly to $105M in 2022. In general, exports, however, recorded a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 0.5% against the previous year. The exports peaked at $167M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Relay in Switzerland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 22.9 | 22.3 | 27.3 | 25.7 | 3.9% |
Germany | 27.6 | 23.1 | 22.8 | 21.7 | -7.7% |
China | 6.8 | 8.4 | 11.4 | 13.6 | 26.0% |
France | 5.6 | 6.4 | 8.2 | 6.5 | 5.1% |
United States | 50.5 | 12.9 | 3.6 | 3.5 | -58.9% |
Sweden | 5.2 | 4.9 | 4.7 | 3.4 | -13.2% |
Poland | 1.2 | 1.8 | 3.6 | 3.2 | 38.7% |
Netherlands | 26.6 | 7.4 | 3.2 | 2.9 | -52.2% |
India | 1.2 | 1.1 | 1.3 | 2.1 | 20.5% |
Spain | 1.5 | 1.1 | 1.5 | 1.7 | 4.3% |
Others | 17.7 | 16.9 | 19.2 | 20.7 | 5.4% |
Total | 167 | 106 | 107 | 105 | -14.3% |
Top Export Markets for Relay from Switzerland in 2022:
- Germany (3.4M units)
- Italy (2.6M units)
- China (1.1M units)
- Netherlands (0.9M units)
- United States (0.7M units)
- Poland (0.6M units)
- Sweden (0.6M units)
- France (0.5M units)
- Spain (0.3M units)
- India (0.2M units)
Relay Imports in Switzerland
For the fourth consecutive year, Switzerland recorded growth in supplies from abroad of relays, which increased by 13% to 16M units in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, relay imports rose sharply to $96M in 2022. The total import value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
Import of Relay in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 20.4 | 19.0 | 24.9 | 24.8 | 6.7% |
China | 10.2 | 14.3 | 16.4 | 20.8 | 26.8% |
France | 7.0 | 8.9 | 8.5 | 10.4 | 14.1% |
Czech Republic | 3.1 | 3.4 | 4.9 | 5.1 | 18.1% |
Italy | 2.8 | 3.1 | 4.2 | 4.9 | 20.5% |
Austria | 3.1 | 2.3 | 3.3 | 3.1 | 0.0% |
Netherlands | 3.5 | 3.3 | 2.2 | 2.3 | -13.1% |
India | 1.9 | 1.4 | 2.2 | 2.2 | 5.0% |
Sri Lanka | 2.4 | 2.2 | 2.1 | 1.9 | -7.5% |
Sweden | 0.7 | 1.0 | 1.1 | 1.6 | 31.7% |
Indonesia | 1.0 | 0.9 | 1.1 | 1.3 | 9.1% |
Thailand | 0.5 | 0.7 | 0.8 | 1.1 | 30.1% |
Others | 16.9 | 14.5 | 16.0 | 16.9 | 0.0% |
Total | 73.5 | 75.1 | 87.8 | 96.4 | 9.5% |
Top Suppliers of Relay to Switzerland in 2022:
- China (4.3M units)
- Germany (3.3M units)
- France (2.0M units)
- Czech Republic (1.1M units)
- India (0.9M units)
- Italy (0.7M units)
- Austria (0.5M units)
- Indonesia (0.4M units)
- Sri Lanka (0.4M units)
- Netherlands (0.3M units)
- Sweden (0.3M units)
- Thailand (0.3M units)
This report provides an in-depth analysis of the relay market in Switzerland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
Country coverage:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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