Switzerland - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Switzerland - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Switzerland (CIF) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Switzerland (FOB) - 2023
- Imports of Deformed Non-Alloy Steel Wire Rod in Switzerland
- Exports of Deformed Non-Alloy Steel Wire Rod in Switzerland
Price for Deformed Non-Alloy Steel Wire Rod in Switzerland (CIF) - 2023
The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $660 per ton in August 2023, which is down by -1.5% against the previous month. Over the period under review, the import price recorded a pronounced decrease. The pace of growth was the most pronounced in April 2023 an increase of 1.2% against the previous month. Over the period under review, average import prices hit record highs at $1,037 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($668 per ton), while the price for Italy ($630 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (-3.2%), while the prices for the other major suppliers experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Switzerland (FOB) - 2023
The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $670 per ton in August 2023, shrinking by -3.3% against the previous month. In general, the export price showed a noticeable descent. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 0.5% m-o-m. The export price peaked at $1,158 per ton in August 2022; however, from September 2022 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In August 2023, the countries with the highest prices were France ($676 per ton) and Germany ($668 per ton), while the average price for exports to the Netherlands ($636 per ton) and Belgium ($663 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (-3.0%), while the prices for the other major destinations experienced a decline.
Imports of Deformed Non-Alloy Steel Wire Rod in Switzerland
In 2022, approx. 212K tons of ribbed or other deformed wire rod of non-alloy steel were imported into Switzerland; leveling off at 2021. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, deformed non-alloy steel wire rod imports skyrocketed to $227M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 97% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Deformed Non-Alloy Steel Wire Rod in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.4 | 54.6 | 111 | 89.7 | 41.9% |
| France | 31.5 | 17.0 | 40.5 | 86.5 | 40.0% |
| Italy | 42.0 | 20.0 | 29.2 | 46.2 | 3.2% |
| Others | N/A | N/A | 0.1 | 4.6 | 4500.0% |
| Total | 105 | 91.6 | 180 | 227 | 29.3% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Switzerland in 2022:
- France (84.5K tons)
- Germany (78.4K tons)
- Italy (45.7K tons)
Exports of Deformed Non-Alloy Steel Wire Rod in Switzerland
After three years of growth, overseas shipments of ribbed or other deformed wire rod of non-alloy steel decreased by -41.3% to 69K tons in 2022. Overall, exports, however, recorded a moderate increase. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 118K tons, and then shrank markedly in the following year.
In value terms, deformed non-alloy steel wire rod exports contracted remarkably to $80M in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 118% against the previous year. As a result, the exports reached the peak of $98M, and then contracted significantly in the following year.
| Export of Deformed Non-Alloy Steel Wire Rod in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.6 | 44.4 | 97.1 | 78.3 | 32.6% |
| France | 3.0 | 0.5 | 1.1 | 1.6 | -18.9% |
| Others | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Total | 36.8 | 45.0 | 98.3 | 80.1 | 29.6% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Switzerland in 2022:
- Germany (67.4K tons)
- France (1.5K tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod 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 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
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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