Price for Aluminium; Alloys, Hollow Profiles in Switzerland - 2023

Contents:

  1. Price for Aluminium; Alloys, Hollow Profiles in Switzerland (CIF) - 2023
  2. Price for Aluminium; Alloys, Hollow Profiles in Switzerland (FOB) - 2023
  3. Imports of Aluminium; Alloys, Hollow Profiles in Switzerland
  4. Exports of Aluminium; Alloys, Hollow Profiles in Switzerland

Price for Aluminium; Alloys, Hollow Profiles in Switzerland (CIF) - 2023

The average aluminium; alloys, hollow profiles import price stood at $7,958 per ton in July 2023, approximately mirroring the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 8.6% against the previous month. As a result, import price attained the peak level of $8,657 per ton. From January 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($9,685 per ton), while the price for Turkey ($5,803 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Hollow Profiles in Switzerland (FOB) - 2023

In July 2023, the average aluminium; alloys, hollow profiles export price amounted to $7,386 per ton, surging by 6.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in January 2023 an increase of 6.8% against the previous month. The export price peaked in July 2023.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($9,253 per ton), while the average price for exports to Germany ($5,634 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Hollow Profiles in Switzerland

For the fourth consecutive year, Switzerland recorded growth in supplies from abroad of aluminium; alloys, hollow profileses, which increased by 12% to 22K tons in 2022. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; alloys, hollow profiles imports soared to $169M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Alloys, Hollow Profiles in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany65.271.979.410718.0%
Austria18.115.119.923.48.9%
Turkey6.76.28.711.118.3%
Italy1.21.12.74.454.2%
China1.11.32.24.053.8%
Poland0.51.42.13.693.1%
Belgium4.22.81.11.7-26.0%
Others8.89.211.914.117.0%
Total10610912816916.8%

Top Suppliers of Aluminium; Alloys, Hollow Profiles to Switzerland in 2022:

  1. Germany (13.4K tons)
  2. Austria (3.4K tons)
  3. Turkey (1.7K tons)
  4. Italy (0.6K tons)
  5. China (0.6K tons)
  6. Poland (0.5K tons)
  7. Belgium (0.3K tons)

Exports of Aluminium; Alloys, Hollow Profiles in Switzerland

In 2022, exports of aluminium; alloys, hollow profileses from Switzerland was estimated at 22K tons, approximately reflecting 2021 figures. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 2.6%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, aluminium; alloys, hollow profiles exports rose significantly to $135M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Aluminium; Alloys, Hollow Profiles in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy20.123.226.324.36.5%
Germany23.417.520.421.8-2.3%
Spain12.614.014.818.112.8%
Czech Republic5.05.79.216.649.2%
France7.66.68.912.417.7%
Hungary14.215.111.512.3-4.7%
Austria5.55.77.110.323.3%
Poland6.913.48.35.2-9.0%
Others13.812.413.714.31.2%
Total1091141201357.4%

Top Export Markets for Aluminium; Alloys, Hollow Profiles from Switzerland in 2022:

  1. Italy (3.8K tons)
  2. Germany (3.3K tons)
  3. Spain (3.1K tons)
  4. Czech Republic (2.5K tons)
  5. Hungary (2.3K tons)
  6. France (2.1K tons)
  7. Austria (1.7K tons)
  8. Poland (0.9K tons)

Source: IndexBox Market Intelligence Platform

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