Switzerland - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Switzerland - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights

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Pig Iron Price in Switzerland - 2023

Contents:

  1. Pig Iron Price in Switzerland (CIF) - 2023
  2. Pig Iron Price in Switzerland (FOB) - 2022
  3. Pig Iron Imports in Switzerland
  4. Pig Iron Exports in Switzerland

Pig Iron Price in Switzerland (CIF) - 2023

In September 2023, the average pig iron import price amounted to $692 per ton, reducing by -4.2% against the previous month. Over the period under review, the import price saw a mild shrinkage. The pace of growth was the most pronounced in October 2022 an increase of 10% m-o-m. The import price peaked at $945 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the countries with the highest prices were Canada ($746 per ton) and Ukraine ($711 per ton), while the price for Brazil ($688 per ton) and Germany ($689 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Brazil (+0.4%), while the prices for the other major suppliers experienced a decline.

Pig Iron Price in Switzerland (FOB) - 2022

The average pig iron export price stood at $355 per ton in 2022, dropping by -66.9% against the previous year. In general, the export price showed a sharp decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by 222% against the previous year. Over the period under review, the average export prices attained the maximum at $40,486 per ton 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 Austria ($23,470 per ton), while the average price for exports to Bosnia and Herzegovina ($419 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+24.2%), while the prices for the other major destinations experienced mixed trend patterns.

Pig Iron Imports in Switzerland

In 2022, approx. 9.7K tons of pig iron and spiegeleisen were imported into Switzerland; falling by -19% compared with 2021. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 335%. As a result, imports reached the peak of 12K tons, and then reduced markedly in the following year.

In value terms, pig iron imports rose notably to $8.1M in 2022. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Pig Iron in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,8982,6704,1205,30622.3%
Brazil1,1537801,0951,093-1.8%
Canada34024045454116.7%
South Africa14013.259.033433.6%
Ukraine49.736.355.022765.9%
Netherlands0.243.9300160828.3%
Russia2261441,086131-16.6%
Others2771564773548.5%
Total5,0834,0857,6478,14617.0%

Top Suppliers of Pig Iron to Switzerland in 2022:

  1. Germany (6.6K tons)
  2. Brazil (1.4K tons)
  3. Canada (0.5K tons)
  4. Ukraine (0.3K tons)
  5. South Africa (0.3K tons)
  6. Netherlands (0.2K tons)
  7. Russia (0.2K tons)

Pig Iron Exports in Switzerland

In 2022, approx. 271 tons of pig iron and spiegeleisen were exported from Switzerland; jumping by 431% on the previous year's figure. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pig iron exports soared to $96K in 2022. In general, exports, however, showed a precipitous curtailment.

Export of Pig Iron in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/A35.223.1-34.4%
Germany0.911.417.14.267.1%
Bosnia and HerzegovinaN/AN/A0.71.271.4%
Czech Republic326277N/AN/A-15.0%
Others1.77.41.767.8241.7%
Total32929554.896.3-33.6%

Top Export Markets for Pig Iron from Switzerland in 2022:

  1. Bosnia and Herzegovina (2.9 tons)
  2. Austria (1.0 tons)
  3. Germany (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pig iron 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 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Pig Iron and Spiegeleisen - Switzerland