
Switzerland - Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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Switzerland: Aluminium Market Overview 2021
Aluminium Market Size in Switzerland
The Swiss aluminium market shrank to $X in 2019, falling 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). Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. Aluminium consumption peaked at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.
Aluminium Exports
Exports from Switzerland
In 2019, after five years of growth, there was decline in shipments abroad of aluminium, when their volume decreased by -X% to X tonnes. Over the period under review, exports, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2018, and then declined modestly in the following year.
In value terms, aluminium exports fell to $X in 2019. Overall, total exports indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Exports peaked at $X in 2018, and then contracted in the following year.
Exports by Country
France (X tonnes), Germany (X tonnes) and Romania (X tonnes) were the main destinations of aluminium exports from Switzerland, together accounting for X% of total exports.
From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (+X% per year), while exports for the other leaders experienced mixed trend patterns.
In value terms, France ($X), Germany ($X) and Romania ($X) appeared to be the largest markets for aluminium exported from Switzerland worldwide, with a combined X% share of total exports.
Romania (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
The average aluminium export price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.
Average prices varied somewhat for the major external markets. In 2019, the country with the highest price was Romania ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced a decline.
Aluminium Imports
Imports into Switzerland
In 2019, after two years of decline, there was growth in overseas purchases of aluminium, when their volume increased by X% to X tonnes. In general, total imports indicated pronounced growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2016; however, from 2017 to 2019, imports failed to regain the momentum.
In value terms, aluminium imports contracted to $X in 2019. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2018, and then dropped in the following year.
Imports by Country
In 2019, Germany (X tonnes) constituted the largest aluminium supplier to Switzerland, with a X% share of total imports. Moreover, aluminium imports from Germany exceeded the figures recorded by the second-largest supplier, Bahrain (X tonnes), twofold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.
From 2007 to 2019, the average annual growth rate of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (+X% per year) and the UK (+X% per year).
In value terms, Germany ($X) constituted the largest supplier of aluminium to Switzerland, comprising X% of total imports. The second position in the ranking was occupied by Bahrain ($X), with a X% share of total imports. It was followed by the UK, with a X% share.
From 2007 to 2019, the average annual growth rate of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (+X% per year) and the UK (+X% per year).
Import Prices by Country
The average aluminium import price stood at $X per tonne in 2019, falling by -X% against the previous year. Over the period under review, the import price recorded a noticeable descent. The growth pace was the most rapid in 2010 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2019, the countries with the highest prices were Norway ($X per tonne) and the UK ($X per tonne), while the price for Russia ($X per tonne) and Bahrain ($X per tonne) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Norway, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for aluminium in the world?+
China (36M tonnes) remains the largest aluminium consuming country worldwide, comprising approx. 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. India (2.8M tonnes) ranked third in terms of total consumption with a 4.1% share.
What are the largest producers of aluminium in the world?+
China (36M tonnes) constituted the country with the largest volume of aluminium production, comprising approx. 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. Russia (3.6M tonnes) ranked third in terms of total production with a 5.4% share.
What are the leading suppliers of aluminium to Switzerland?+
In value terms, Germany ($234M) constituted the largest supplier of aluminium to Switzerland, comprising 36% of total imports. The second position in the ranking was occupied by Bahrain ($89M), with a 14% share of total imports. It was followed by the UK, with a 13% share.
What are the leading importers of aluminium from Switzerland?+
In value terms, the largest markets for aluminium exported from Switzerland were France ($115M), Germany ($67M) and Romania ($3.9M), with a combined 100% share of total exports.
What is the average export price for aluminium in Switzerland?+
The average aluminium export price stood at $2,312 per tonne in 2019, with a decrease of -9.1% against the previous year.
What is the average import price for aluminium in Switzerland?+
The average aluminium import price stood at $2,153 per tonne in 2019, with a decrease of -12.1% against the previous year.
This report provides an in-depth analysis of the aluminium market in Switzerland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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