Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland (CIF) - 2022
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland
- Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland (CIF) - 2022
The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $1,661 per ton in 2022, with an increase of 49% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s increased by +92.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($1,896 per ton) and the United States ($1,661 per ton), while the price for Germany ($1,345 per ton) and Italy ($1,391 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland (FOB) - 2022
The average export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $2,553 per ton in 2022, which is down by -85.6% against the previous year. Overall, the export price, however, posted a measured expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 903% against the previous year. As a result, the export price attained the peak level of $32,030 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($3,060 per ton), while the average price for exports to Spain ($1,300 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 Germany (+6.1%).
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland
In 2022, after two years of decline, there was significant growth in overseas purchases of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, when their volume increased by 226% to 396 tons. Over the period under review, imports, however, recorded a deep reduction.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s soared to $659K in 2022. In general, imports recorded a temperate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 226 | 76.8 | 43.1 | 404 | 21.4% |
| Italy | 113 | 49.3 | 89.4 | 132 | 5.3% |
| Germany | 259 | 15.7 | N/A | 108 | -25.3% |
| United States | N/A | N/A | N/A | 12.3 | 0% |
| Others | 1.2 | 0.5 | 2.9 | 1.9 | 16.6% |
| Total | 599 | 142 | 135 | 659 | 3.2% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Switzerland in 2022:
- Austria (213.0 tons)
- Italy (95.1 tons)
- Germany (80.5 tons)
- United States (7.4 tons)
Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland
Exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s from Switzerland soared to 1.9 tons in 2022, increasing by 188% on 2021. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s fell markedly to $4.7K in 2022. Overall, exports, however, continue to indicate a perceptible decrease.
| Export of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 2.1 | 0% |
| Spain | N/A | N/A | N/A | 1.3 | 0% |
| Turkey | N/A | N/A | N/A | 0.2 | 0% |
| Slovakia | N/A | N/A | N/A | 0.1 | 0% |
| Germany | 1.0 | N/A | 0.1 | N/A | -68.4% |
| Romania | N/A | N/A | 11.3 | N/A | 0% |
| Others | 4.3 | N/A | N/A | 1.0 | -38.5% |
| Total | 5.3 | N/A | 11.4 | 4.7 | -3.9% |
Top Export Markets for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) from Switzerland in 2022:
- Spain (1000.0 kg)
- Italy (699.0 kg)
- Slovakia (80.0 kg)
- Turkey (50.0 kg)
344
This report provides an in-depth analysis of the non-alloy steel ingot market in Switzerland.
687
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Switzerland.
528
This report provides an in-depth analysis of the iron and steel market in Switzerland.
466
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
4690
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
1062
This report provides an in-depth analysis of the global iron and steel market.
344
This report provides an in-depth analysis of the non-alloy steel ingot market in Switzerland.
687
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Switzerland.
466
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
4690
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
215
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2369
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
766
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1073
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
805
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
766
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
156
Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.
215
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2369
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
766
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
