Price for Iron or Steel; Cast Articles in Switzerland - 2023
Contents:
- Price for Iron or Steel; Cast Articles in Switzerland (CIF) - 2023
- Price for Iron or Steel; Cast Articles in Switzerland (FOB) - 2022
- Imports of Iron or Steel; Cast Articles in Switzerland
- Exports of Iron or Steel; Cast Articles in Switzerland
Price for Iron or Steel; Cast Articles in Switzerland (CIF) - 2023
In July 2023, the average import price for iron or steel; cast articleses amounted to $3,182 per ton, with a decrease of -2% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 12% against the previous month. The import price peaked at $3,584 per ton in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($5,154 per ton), while the price for the Czech Republic ($1,807 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 France (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Cast Articles in Switzerland (FOB) - 2022
In 2022, the average export price for iron or steel; cast articleses amounted to $7,434 per ton, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2014 an increase of 22% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($8,489 per ton), while the average price for exports to France ($5,626 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 Slovakia (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Cast Articles in Switzerland
In 2022, iron or steel; cast articles imports into Switzerland soared to 46K tons, increasing by 21% on the previous year. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.6% 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 +88.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, iron or steel; cast articles imports skyrocketed to $138M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel; Cast Articles in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 44.1 | 40.9 | 42.5 | 48.4 | 3.1% |
| Czech Republic | 10.5 | 10.0 | 14.5 | 14.9 | 12.4% |
| France | 15.9 | 15.0 | 15.7 | 14.7 | -2.6% |
| China | 6.5 | 5.7 | 7.5 | 12.0 | 22.7% |
| Italy | 10.2 | 5.9 | 7.0 | 11.2 | 3.2% |
| India | 3.7 | 2.7 | 3.9 | 6.3 | 19.4% |
| Austria | 5.5 | 3.6 | 4.5 | 5.3 | -1.2% |
| Turkey | 2.3 | 1.6 | 2.3 | 2.5 | 2.8% |
| Others | 14.2 | 11.3 | 16.2 | 22.7 | 16.9% |
| Total | 113 | 96.6 | 114 | 138 | 6.9% |
Top Suppliers of Iron or Steel; Cast Articles to Switzerland in 2022:
- Germany (17.2K tons)
- Czech Republic (7.9K tons)
- France (5.1K tons)
- China (4.7K tons)
- Italy (2.7K tons)
- India (2.4K tons)
- Austria (1.4K tons)
- Turkey (0.9K tons)
Exports of Iron or Steel; Cast Articles in Switzerland
Iron or steel; cast articles exports from Switzerland rose to 3.6K tons in 2022, with an increase of 5% against 2021 figures. Overall, exports, however, saw a perceptible slump.
In value terms, iron or steel; cast articles exports skyrocketed to $27M in 2022. Over the period under review, exports, however, saw a mild setback.
| Export of Iron or Steel; Cast Articles in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.4 | 13.2 | 14.2 | 18.0 | 5.3% |
| Italy | 1.9 | 0.7 | 1.6 | 1.9 | 0.0% |
| Czech Republic | 1.1 | 0.8 | 1.0 | 1.4 | 8.4% |
| France | 4.4 | 0.9 | 1.3 | 0.9 | -41.1% |
| Austria | 1.6 | 1.1 | 0.9 | 0.9 | -17.5% |
| Slovakia | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Others | 3.3 | 2.9 | 3.7 | 3.6 | 2.9% |
| Total | 28.0 | 19.8 | 23.2 | 27.1 | -1.1% |
Top Export Markets for Iron or Steel; Cast Articles from Switzerland in 2022:
- Germany (2634.3 tons)
- Italy (235.7 tons)
- Czech Republic (184.1 tons)
- France (162.6 tons)
- Austria (100.4 tons)
- Slovakia (63.4 tons)
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