Switzerland - Wire Rod Of Free-Cutting Steel - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Free-Cutting Steel Wire Rod in Switzerland - 2023
Contents:
- Price for Free-Cutting Steel Wire Rod in Switzerland (FOB) - 2023
- Price for Free-Cutting Steel Wire Rod in Switzerland (CIF) - 2023
- Exports of Free-Cutting Steel Wire Rod in Switzerland
- Imports of Free-Cutting Steel Wire Rod in Switzerland
Price for Free-Cutting Steel Wire Rod in Switzerland (FOB) - 2023
The average free-cutting steel wire rod export price stood at $932 per ton in July 2023, waning by -4.9% against the previous month. In general, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 4.1% against the previous month. The export price peaked at $1,278 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In July 2023, the countries with the highest prices were Turkey ($1,029 per ton) and the Czech Republic ($999 per ton), while the average price for exports to Italy ($917 per ton) and Germany ($921 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-1.9%), while the prices for the other major destinations experienced a decline.
Price for Free-Cutting Steel Wire Rod in Switzerland (CIF) - 2023
The average free-cutting steel wire rod import price stood at $1,022 per ton in July 2023, which is down by -19.6% against the previous month. Over the period under review, the import price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in June 2023 when the average import price increased by 12% m-o-m. The import price peaked at $1,401 per ton in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From July 2022 to July 2023, the rate of growth in terms of prices for Germany amounted to -2.5% per month.
Exports of Free-Cutting Steel Wire Rod in Switzerland
In 2022, overseas shipments of wire rod of free-cutting steel decreased by -14.4% to 122K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of 142K tons, and then contracted in the following year.
In value terms, free-cutting steel wire rod exports soared to $154M in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 108% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Free-Cutting Steel Wire Rod in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 40.0 | 33.7 | 72.5 | 94.6 | 33.2% |
| Germany | 21.6 | 19.2 | 39.0 | 41.1 | 23.9% |
| Turkey | 4.3 | 0.9 | 4.2 | 6.9 | 17.1% |
| Czech Republic | 2.7 | 2.5 | 5.3 | 4.5 | 18.6% |
| Poland | 2.1 | 2.7 | 1.7 | 3.0 | 12.6% |
| Others | 0.9 | 2.2 | 5.0 | 3.8 | 61.6% |
| Total | 71.5 | 61.3 | 128 | 154 | 29.1% |
Top Export Markets for Free-Cutting Steel Wire Rod from Switzerland in 2022:
- Italy (74.6K tons)
- Germany (32.7K tons)
- Turkey (5.4K tons)
- Czech Republic (3.6K tons)
- Poland (2.4K tons)
Imports of Free-Cutting Steel Wire Rod in Switzerland
In 2022, approx. 4.3K tons of wire rod of free-cutting steel were imported into Switzerland; dropping by -43.5% compared with the previous year's figure. Over the period under review, imports showed a deep contraction. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of 7.7K tons, and then contracted rapidly in the following year.
In value terms, free-cutting steel wire rod imports shrank remarkably to $6M in 2022. Overall, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.3% 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 +36.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 71%. As a result, imports attained the peak of $7.5M, and then plummeted in the following year.
| Import of Free-Cutting Steel Wire Rod in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.6 | 4.3 | 6.4 | 5.8 | 1.2% |
| France | N/A | N/A | 1.0 | 0.1 | -90.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 5.7 | 4.4 | 7.5 | 6.0 | 1.7% |
Top Suppliers of Free-Cutting Steel Wire Rod to Switzerland in 2022:
- Germany (4.2K tons)
- France (0.1K tons)
This report provides an in-depth analysis of the market for free-cutting 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 24106120 - Wire rod of free-cutting 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
300
This report provides an in-depth analysis of the market for free-cutting steel wire rod in Switzerland.
287
This report provides an in-depth analysis of the market for tyre cord wire rod in Switzerland.
249
This report provides an in-depth analysis of the hot-rolled wire rod market in Switzerland.
169
This report provides an in-depth analysis of the market for hot-rolled non-alloy steel wire rod in Switzerland.
432
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Switzerland.
381
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Switzerland.
279
This report provides an in-depth analysis of the market for concrete reinforcing wire rod in Switzerland.
557
This report provides an in-depth analysis of the global market for free-cutting steel wire rod.
441
Global Tyre Cord Wire Rod Market Report 2018. This report provides an in-depth analysis of the global market for tyre cord wire rod.
374
Global Hot-Rolled Wire Rod Market Report 2018. This report provides an in-depth analysis of the global hot-rolled wire rod market.
231
Explore the top import markets for hot-rolled non-alloy steel wire rod including the United States, Germany, Netherlands, and more. Understand the demand and key statistics in these global markets.
117
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1441
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4215
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1125
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
231
Explore the top import markets for hot-rolled non-alloy steel wire rod including the United States, Germany, Netherlands, and more. Understand the demand and key statistics in these global markets.
117
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1441
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4215
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1125
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
