Switzerland: Extruded Rod Market 2024

Extruded Rod Market Size in Switzerland

In 2022, the Swiss extruded rod market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, saw a pronounced contraction. Extruded rod consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Extruded Rod Exports

Exports from Switzerland

For the third consecutive year, Switzerland recorded decline in shipments abroad of extruded rods and profile shapes of cellular vulcanised rubber, which decreased by X% to X tons in 2022. In general, total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, extruded rod exports rose sharply to $X in 2022. Overall, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

France (X tons) was the main destination for extruded rod exports from Switzerland, with a X% share of total exports. Moreover, extruded rod exports to France exceeded the volume sent to the second major destination, Austria (X tons), twofold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Germany (X% per year).

In value terms, the largest markets for extruded rod exported from Switzerland were Germany ($X), the United States ($X) and France ($X), together accounting for X% of total exports. Poland, Brazil, China, Austria, the Netherlands, Italy, the Czech Republic and South Africa lagged somewhat behind, together accounting for a further X%.

South Africa, with a CAGR of X%, recorded 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 more modest paces of growth.

Export Prices by Country

The average extruded rod export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, extruded rod export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($X 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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Extruded Rod Imports

Imports into Switzerland

In 2022, overseas purchases of extruded rods and profile shapes of cellular vulcanised rubber increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, showed a deep contraction. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, extruded rod imports amounted to $X in 2022. In general, imports, however, recorded a mild curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), France (X tons) and Turkey (X tons) were the main suppliers of extruded rod imports to Switzerland, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the largest extruded rod suppliers to Switzerland, together accounting for X% of total imports. Sweden, Turkey, Spain and China lagged somewhat behind, together comprising a further X%.

Among the main suppliers, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average extruded rod import price amounted to $X per ton, dropping by X% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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