Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Switzerland - 2024

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Switzerland (CIF) - 2024
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Switzerland (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Switzerland
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Switzerland

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Switzerland (CIF) - 2024

In December 2023, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $33,683 per ton, dropping by -12.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 34% month-to-month. The import price peaked at $38,535 per ton in November 2023, and then contracted in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($89,974 per ton), while the price for Spain ($7,387 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Switzerland (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $41,438 per ton in 2022, waning by -3.3% against the previous year. Overall, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 12%. The export price peaked at $63,493 per ton in 2012; however, from 2013 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 ($98,706 per ton), while the average price for exports to Serbia ($19,272 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 Sweden (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Switzerland

In 2022, the amount of tubing; flexible, with or without fittings, of base metals imported into Switzerland totaled 1.6K tons, therefore, remained relatively stable against 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 +55.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 32%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of tubing; flexible, with or without fittings, of base metals expanded notably to $49M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Switzerland in 2022:

1. Germany (744.4 tons)
2. Netherlands (195.8 tons)
3. Czech Republic (192.7 tons)
4. Italy (121.7 tons)
5. Turkey (114.9 tons)
6. Serbia (45.2 tons)
7. France (27.8 tons)
8. China (25.6 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Switzerland

In 2022, exports of tubing; flexible, with or without fittings, of base metals from Switzerland expanded notably to 727 tons, rising by 11% on 2021. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of tubing; flexible, with or without fittings, of base metals rose remarkably to $30M in 2022. The total export value increased at an average annual rate of +11.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 17%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Switzerland in 2022:

1. Germany (373.7 tons)
2. Austria (82.7 tons)
3. France (43.6 tons)
4. Netherlands (41.4 tons)
5. Italy (39.9 tons)
6. Serbia (32.3 tons)
7. South Korea (15.8 tons)
8. United Kingdom (15.7 tons)
9. Sweden (9.7 tons)
10. United States (6.1 tons)

Source: IndexBox Market Intelligence Platform