Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland - 2024

Contents:

  1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland (CIF) - 2024
  2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland (FOB) - 2022
  3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland
  4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland (CIF) - 2024

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $2,195 per ton in January 2024, surging by 11% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was France ($3,070 per ton), while the price for Serbia ($1,498 per ton) was amongst the lowest.

From March 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland (FOB) - 2022

In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $2,540 per ton, increasing by 8.4% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tubes, pipes and hollow profiles, of cast iron increased by +69.7% against 2015 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($3,746 per ton), while the average price for exports to Poland ($1,200 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 (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland

In 2022, approx. 28K tons of tubes, pipes and hollow profiles, of cast iron were imported into Switzerland; waning by -5.3% compared with 2021. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of 30K tons, and then fell in the following year.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron expanded modestly to $50M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany32.429.937.735.73.3%
France4.04.65.28.528.6%
Austria1.62.83.54.541.2%
Others1.21.91.91.32.7%
Total39.239.348.350.08.4%

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Switzerland in 2022:

  1. Germany (20.7K tons)
  2. France (5.0K tons)
  3. Austria (2.3K tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland

Exports of tubes, pipes and hollow profiles, of cast iron from Switzerland shrank to 2.8K tons in 2022, which is down by -11.9% against the previous year's figure. Overall, exports saw a perceptible downturn. The growth pace was the most rapid in 2021 when exports increased by 81%. As a result, the exports reached the peak of 3.2K tons, and then dropped in the following year.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron declined to $7.1M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.4% 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 +77.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. As a result, the exports reached the peak of $7.4M, and then reduced in the following year.

Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3,2211,2104,0753,3511.3%
Czech Republic1,1168811,5181,57912.3%
Australia18232040497675.0%
Germany529535520449-5.3%
Cyprus2421582272845.5%
Netherlands5.80.4N/A135185.5%
Austria28212764.0113-26.3%
Italy16239654297.0-15.7%
Others28735038.972.6-36.8%
Total6,0263,9767,3907,0555.4%

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Switzerland in 2022:

  1. France (1431.9 tons)
  2. Czech Republic (672.9 tons)
  3. Australia (289.6 tons)
  4. Germany (128.8 tons)
  5. Cyprus (91.0 tons)
  6. Austria (45.5 tons)
  7. Netherlands (44.2 tons)
  8. Italy (38.3 tons)

Source: IndexBox Market Intelligence Platform

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