Switzerland: Aluminium Market Overview 2020

Aluminium Market Size in Switzerland

The revenue of the aluminium market in Switzerland amounted to $X in 2018, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, aluminium consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the aluminium market attained its peak figure level at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Aluminium Exports

Exports from Switzerland

In 2018, approx. X tonnes of aluminium were exported from Switzerland; surging by X% against the previous year. In general, the total exports indicated a remarkable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, aluminium exports attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, aluminium exports totaled $X in 2018. Over the period under review, the total exports indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Switzerland exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

Russia (X tonnes), Canada (X tonnes) and the United Arab Emirates (X tonnes) represented roughly X% of total exports of aluminium in 2018. India (X tonnes) took the next position in the ranking, followed by Australia (X tonnes), Norway (X tonnes) and Malaysia (X tonnes). All these countries together took near X% share of total exports. The Netherlands (X tonnes), Iceland (X tonnes), the U.S. (X tonnes), Qatar (X tonnes) and China (X tonnes) occupied a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium markets from Switzerland were Canada ($X), the United Arab Emirates ($X) and Russia ($X), together accounting for X% of total exports. India, Australia, Norway, Malaysia, the Netherlands, Iceland, the U.S., Qatar, China and Switzerland lagged somewhat behind, together comprising a further X terms of the main exporting countries, Malaysia recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The aluminium export price in Switzerland stood at $X per tonne in 2018, going up by X% against the previous year. Overall, the aluminium export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, the export prices for aluminium attained their peak figure at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Aluminium Imports

Imports into Switzerland

Aluminium imports into Switzerland totaled X tonnes in 2018, coming down by -X% against the previous year. Overall, the total imports indicated a moderate increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium imports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Switzerland imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, aluminium imports totaled $X in 2018. Overall, aluminium imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, aluminium imports reached their maximum in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Japan (X tonnes), Germany (X tonnes), South Korea (X tonnes) and Italy (X tonnes) represented the major importers of aluminium, together generating X% of total imports. The Netherlands (X tonnes), Turkey (X tonnes), Mexico (X tonnes), Thailand (X tonnes), Poland (X tonnes), Malaysia (X tonnes) and Taiwan, Chinese (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported aluminium into Switzerland, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., aluminium imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Germany (-X% per year).

Import Prices by Country

The aluminium import price in Switzerland stood at $X per tonne in 2018, jumping by X% against the previous year. In general, the aluminium import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, the import prices for aluminium reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Average prices varied noticeably amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Mexico ($X per tonne) and Poland ($X per tonne), while South Korea ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform