Price for Chain; Articulated Link, Roller, of Iron or Steel in Switzerland - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Switzerland (CIF) - 2023
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Switzerland (FOB) - 2023
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Switzerland
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Switzerland

Price for Chain; Articulated Link, Roller, of Iron or Steel in Switzerland (CIF) - 2023

In November 2023, the average import price for chain; articulated link, roller, of iron or steel amounted to $17,775 per ton, falling by -9.1% against the previous month. Over the period under review, the import price recorded a perceptible slump. The growth pace was the most rapid in February 2023 an increase of 37% against the previous month. Over the period under review, average import prices attained the maximum at $25,481 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($35,074 per ton), while the price for China ($9,114 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Switzerland (FOB) - 2023

In November 2023, the average export price for chain; articulated link, roller, of iron or steel amounted to $59,050 per ton, reducing by -20.3% against the previous month. Overall, the export price, however, showed a perceptible expansion. The growth pace was the most rapid in January 2023 when the average export price increased by 72% against the previous month. The export price peaked at $104K per ton in September 2023; however, from October 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was France ($275K per ton), while the average price for exports to the UK ($19,198 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Switzerland

Imports of chain; articulated link, roller, of iron or steel into Switzerland skyrocketed to 1.1K tons in 2022, with an increase of 19% against the previous year's figure. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chain; articulated link, roller, of iron or steel surged to $22M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Switzerland in 2022:

1. Germany (452.3 tons)
2. China (290.6 tons)
3. Japan (150.1 tons)
4. Czech Republic (74.0 tons)
5. Taiwan (Chinese) (33.8 tons)
6. Portugal (32.4 tons)
7. Italy (27.8 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Switzerland

In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Switzerland rose sharply to 166 tons, surging by 14% on 2021. The total export volume increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of chain; articulated link, roller, of iron or steel reduced modestly to $9.7M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.3%. As a result, the exports reached the peak of $10M, and then dropped modestly in the following year.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Switzerland in 2022:

1. Belgium (52.9 tons)
2. Germany (42.9 tons)
3. United States (14.6 tons)
4. Italy (7.4 tons)
5. Brazil (3.7 tons)
6. Finland (3.7 tons)
7. Netherlands (3.2 tons)
8. France (3.2 tons)
9. Poland (2.8 tons)
10. India (2.5 tons)
11. United Kingdom (1.9 tons)
12. China (1.5 tons)

Source: IndexBox Market Intelligence Platform