Switzerland: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Switzerland

In 2021, after two years of decline, there was significant growth in the Swiss stainless steel angle market, when its value increased by 17% to $X. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Stainless Steel Angle Production in Switzerland

In value terms, stainless steel angle production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 59% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Stainless Steel Angle Exports

Exports from Switzerland

In 2021, stainless steel angle exports from Switzerland soared to X tons, increasing by 23% on the year before. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel angle exports surged to $X in 2021. The total export value increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for stainless steel angle exports from Switzerland, with a 52% share of total exports. Moreover, stainless steel angle exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. France (X tons) ranked third in terms of total exports with a 5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+7.1% per year) and France (-0.1% per year).

In value terms, Germany ($X) remains the key foreign market for angles, shapes and sections of stainless steel or other alloy steel exports from Switzerland, comprising 52% of total exports. The second position in the ranking was held by France ($X), with an 8.8% share of total exports. It was followed by Italy, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.1% per year) and Italy (+4.5% per year).

Export Prices by Country

The average stainless steel angle export price stood at $X per ton in 2021, surging by 16% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 18% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Stainless Steel Angle Imports

Imports into Switzerland

Stainless steel angle imports into Switzerland surged to X tons in 2021, increasing by 17% on the year before. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, stainless steel angle imports soared to $X in 2021. Overall, imports showed a relatively flat trend pattern. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of stainless steel angle imports to Switzerland, together comprising 85% of total imports. France, Austria, Taiwan (Chinese), Spain and Japan lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +7.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), India ($X) and Italy ($X) were the largest stainless steel angle suppliers to Switzerland, together comprising 79% of total imports. France, Austria, Taiwan (Chinese), Spain and Japan lagged somewhat behind, together comprising a further 15%.

Taiwan (Chinese), with a CAGR of +10.6%, saw the highest growth rate of the value of imports, among 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 stainless steel angle import price stood at $X per ton in 2021, rising by 14% against the previous year. In general, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2018 an increase of 29%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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