Switzerland: Non-Alloy Steel I-Sections Market 2024

Non-Alloy Steel I-Sections Market Size in Switzerland

The Swiss non-alloy steel i-sections market declined rapidly to $X in 2022, 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). Overall, consumption, however, showed a relatively flat trend pattern. Non-alloy steel i-sections consumption peaked at $X in 2021, and then shrank markedly in the following year.

Non-Alloy Steel I-Sections Exports

Exports from Switzerland

In 2022, shipments abroad of i-sections of non-alloy steel increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-alloy steel i-sections exports surged to $X in 2022. In general, exports, however, recorded a perceptible downturn. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for non-alloy steel i-sections exports from Switzerland, with a X% share of total exports. Moreover, non-alloy steel i-sections exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by France (X tons), with a X% share.

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

In value terms, Italy ($X) emerged as the key foreign market for i-sections of non-alloy steel exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with an X% share.

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

Export Prices by Country

The average non-alloy steel i-sections export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and Italy ($X per ton), while the average price for exports to the Netherlands ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Steel I-Sections Imports

Imports into Switzerland

In 2022, purchases abroad of i-sections of non-alloy steel decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-alloy steel i-sections imports rose remarkably to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

Germany (X tons), Luxembourg (X tons) and Italy (X tons) were the main suppliers of non-alloy steel i-sections imports to Switzerland, together comprising X% of total imports. Poland, Spain, France and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest non-alloy steel i-sections suppliers to Switzerland were Germany ($X), Luxembourg ($X) and Italy ($X), with a combined X% share of total imports. Poland, Spain, Austria and France lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-alloy steel i-sections import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price recorded a measured expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($X per ton) and Italy ($X per ton), while the price for Spain ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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