Switzerland: Aluminium Market 2025

Aluminium Market Size in Switzerland

The Swiss aluminium market soared to $X in 2022, surging by 33% 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 saw a relatively flat trend pattern. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Aluminium Exports

Exports from Switzerland

In 2022, approx. X tons of aluminum (unwrought, not alloyed) were exported from Switzerland; falling by -71.8% against the previous year's figure. Over the period under review, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 547%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium exports shrank markedly to $X in 2022. Overall, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2015 when exports increased by 466%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for aluminium exports from Switzerland, with a 66% share of total exports. Moreover, aluminium exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled +54.7%.

In value terms, France ($X) remains the key foreign market for aluminum (unwrought, not alloyed) exports from Switzerland, comprising 76% of total exports. The second position in the ranking was taken by Germany ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled +49.5%.

Export Prices by Country

In 2022, the average aluminium export price amounted to $X per ton, declining by -1.6% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium export price increased by +52.0% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 54% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.9%).

Aluminium Imports

Imports into Switzerland

In 2022, aluminium imports into Switzerland expanded rapidly to X tons, growing by 7.7% on the year before. Over the period under review, imports, however, recorded a slight setback. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, aluminium imports skyrocketed to $X in 2022. Overall, total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +135.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 65%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest aluminium supplier to Switzerland, accounting for a 54% share of total imports. Moreover, aluminium imports from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. Bahrain (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at +356.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+97.1% per year) and Bahrain (+91.0% per year).

In value terms, India ($X) constituted the largest supplier of aluminum (unwrought, not alloyed) to Switzerland, comprising 57% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 16% share of total imports. It was followed by Norway, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from India totaled +359.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+98.2% per year) and Norway (+77.5% per year).

Import Prices by Country

In 2022, the average aluminium import price amounted to $X per ton, with an increase of 32% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium import price increased by +69.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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