Forecast: Import of Parts for Electric Motors and Generators to Switzerland

The import of parts for electric motors and generators to Switzerland is expected to progressively decline from 2024 to 2028. In 2023, the actual import stood at a higher level than forecasted future values. The year 2024 begins with an expected 8.1388 million kilograms, which is forecasted to decrease to 7.7577 million kilograms by 2028, indicating a drop in import volumes.

Year-on-year, the imports are projected to reduce by approximately 1.2% from 2024 to 2025, followed by a consistent annual decline around the same rate in the subsequent years. The Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) shows an average annual decrease in imports of around 1.2%.

Future trends to watch for include advancements in local production capabilities, potentially reducing reliance on imports. Additionally, technological innovations and shifts towards more sustainable energy solutions may influence import needs and volumes.