Switzerland: Aluminium Tube Market 2024

Aluminium Tube Market Size in Switzerland

In 2022, the Swiss aluminium tube market increased by 10% to $X, rising for the second consecutive year after five years of decline. In general, consumption, however, showed a pronounced decrease. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Aluminium Tube Production in Switzerland

In value terms, aluminium tube production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 51% against the previous year. Aluminium tube production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Aluminium Tube Exports

Exports from Switzerland

In 2022, approx. X tons of aluminium tubes and pipes were exported from Switzerland; surging by 4.8% on 2021 figures. Over the period under review, exports posted a modest expansion. The pace of growth was the most pronounced in 2013 with an increase of 317% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium tube exports shrank modestly to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 106% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for aluminium tube exports from Switzerland, with a 50% share of total exports. Moreover, aluminium tube exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Serbia (X tons), with a 19% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +28.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-4.9% per year) and Serbia (+8.4% per year).

In value terms, Germany ($X), the United States ($X) and China ($X) were the largest markets for aluminium tube exported from Switzerland worldwide, with a combined 81% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +20.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aluminium tube export price amounted to $X per ton, dropping by -7.4% against the previous year. Over the period under review, the export price continues to indicate a mild contraction. The growth pace was the most rapid in 2014 when the average export price increased by 314% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 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 Netherlands ($X per ton), while the average price for exports to Serbia ($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 Serbia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Tube Imports

Imports into Switzerland

In 2022, overseas purchases of aluminium tubes and pipes were finally on the rise to reach X tons after two years of decline. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium tube imports soared to $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.2% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 52%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Turkey (X tons), Denmark (X tons) and Croatia (X tons) were the main suppliers of aluminium tube imports to Switzerland, with a combined 63% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +186.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium tube suppliers to Switzerland were Denmark ($X), Germany ($X) and Italy ($X), with a combined 72% share of total imports.

Denmark, with a CAGR of +172.6%, 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

In 2022, the average aluminium tube import price amounted to $X per ton, reducing by -7.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2021 an increase of 53%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($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 (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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