Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland - 2024

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland (CIF) - 2022
  2. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland (FOB) - 2022
  3. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland
  4. Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland (CIF) - 2022

In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $5,603 per ton, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2018 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($147,444 per ton), while the price for Germany ($4,567 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+48.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland (FOB) - 2022

In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $50,948 per ton, surging by 89% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the peak figure at $52,608 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($98,603 per ton), while the average price for exports to Germany ($21,813 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 Austria (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland

In 2022, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Switzerland fell notably to 1.1K tons, reducing by -31.1% against the previous year. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 1.7% against the previous year.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia shrank markedly to $6.4M in 2022. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of $8M, and then dropped sharply in the following year.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5,4114,9425,1964,050-9.2%
Italy18236554574059.6%
Japan2161511462778.6%
Spain28.115725.3246106.1%
SwedenN/A18.0130229256.7%
Norway13567.3293125-2.5%
Ireland87740183323.1-70.2%
Others828833789668-6.9%
Total7,6766,9347,9576,358-6.1%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Switzerland in 2022:

  1. Germany (886.9 tons)
  2. Italy (92.8 tons)
  3. Spain (43.3 tons)
  4. Sweden (30.3 tons)
  5. Japan (20.0 tons)
  6. Norway (11.3 tons)
  7. Ireland (1.5 tons)

Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland

Exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Switzerland declined notably to 28 tons in 2022, dropping by -43% against the previous year. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 49 tons, and then declined dramatically in the following year.

In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia reached $1.4M in 2022. Overall, exports saw a deep setback.

Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25223340563135.8%
Germany270160157217-7.0%
Poland351271328208-16.0%
Italy35.821.069.797.639.7%
Canada0.8N/A0.283.8371.4%
Austria18918714173.1-27.1%
France26025020.831.4-50.6%
Czech Republic28.84.23.43.0-52.9%
Turkey61185.20.21.5-86.5%
SerbiaN/AN/A42.2N/A0%
Others16321916386.0-19.2%
Total2,1611,4321,3321,432-12.8%

Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Switzerland in 2022:

  1. Germany (9.9 tons)
  2. United States (6.4 tons)
  3. Poland (5.8 tons)
  4. Italy (2.0 tons)
  5. Austria (1.9 tons)
  6. Canada (0.9 tons)
  7. Czech Republic (0.3 tons)
  8. France (0.3 tons)

Source: IndexBox Market Intelligence Platform

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