Switzerland: Base Metal Clasp Market 2024

Base Metal Clasp Market Size in Switzerland

The Swiss base metal clasp market shrank slightly to $X in 2022, remaining stable against the previous year. In general, consumption, however, showed buoyant growth. Base metal clasp consumption peaked at $X in 2021, and then fell slightly in the following year.

Base Metal Clasp Production in Switzerland

In value terms, base metal clasp production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Base metal clasp production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Base Metal Clasp Exports

Exports from Switzerland

In 2022, shipments abroad of articles such as clasps, frames with clasps, parts of base metal increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, base metal clasp exports skyrocketed to $X in 2022. Over the period under review, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X tons), Portugal (X tons) and Germany (X tons) were the main destinations of base metal clasp exports from Switzerland, together comprising X% of total exports. Italy, South Africa, Romania and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for base metal clasp exported from Switzerland were France ($X), Portugal ($X) and Italy ($X), with a combined X% share of total exports. Germany, Austria, South Africa and Romania lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average base metal clasp export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

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

Base Metal Clasp Imports

Imports into Switzerland

In 2022, purchases abroad of articles such as clasps, frames with clasps, parts of base metal increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, base metal clasp imports surged to $X in 2022. In general, total imports indicated pronounced growth 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. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of base metal clasp to Switzerland, accounting for a X% share of total imports. Moreover, base metal clasp imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

In value terms, the largest base metal clasp suppliers to Switzerland were China ($X), France ($X) and Portugal ($X), together comprising X% of total imports.

Among the main suppliers, Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average base metal clasp import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, import price indicated a prominent 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. Based on 2022 figures, base metal clasp import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Hong Kong SAR ($X,972 per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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