Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Switzerland - 2023

Contents:

1. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Switzerland (CIF) - 2022
2. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Switzerland (FOB) - 2022
3. Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Switzerland
4. Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Switzerland

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Switzerland (CIF) - 2022

In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $14,887 per ton, jumping by 26% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 steel; non-threaded cotters and cotter-pinses decreased by -31.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 55%. As a result, import price attained the peak level of $21,708 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($69,019 per ton), while the price for India ($5,087 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Switzerland (FOB) - 2022

The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $57,872 per ton in 2022, rising by 4.6% against the previous year. Over the period under review, the export price, however, showed a pronounced setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 9.6%. Over the period under review, the average export prices hit record highs at $92,790 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($232,293 per ton), while the average price for exports to Portugal ($9,069 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 Portugal (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Switzerland

In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses imported into Switzerland shrank rapidly to 326 tons, which is down by -15.3% on the previous year. Overall, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 142% against the previous year. As a result, imports attained the peak of 385 tons, and then shrank markedly in the following year.

In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses expanded rapidly to $4.9M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Switzerland in 2022:

1. Italy (165.0 tons)
2. Germany (69.8 tons)
3. China (48.3 tons)
4. India (11.8 tons)
5. United States (10.9 tons)

Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Switzerland

In 2022, exports of iron or steel; non-threaded cotters and cotter-pinses from Switzerland fell to 66 tons, with a decrease of -7% against 2021. In general, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 46%.

In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses declined slightly to $3.8M in 2022. Overall, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year.

Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Switzerland in 2022:

1. Germany (6.2 tons)
2. Turkey (5.7 tons)
3. France (5.1 tons)
4. Portugal (4.7 tons)
5. China (4.7 tons)
6. Austria (4.2 tons)
7. Slovakia (4.2 tons)
8. Italy (3.8 tons)
9. Denmark (3.2 tons)
10. Romania (2.9 tons)
11. Netherlands (1.8 tons)
12. India (1.8 tons)
13. United States (1.7 tons)

Source: IndexBox Market Intelligence Platform