Switzerland: Market for Base Metal Flexible Tubing, Iron Or Steel 2024

Market Size for Base Metal Flexible Tubing, Iron Or Steel in Switzerland

In 2021, after three years of decline, there was growth in the Swiss base metal flexible tubing market, when its value increased by 1.2% to $X. Over the period under review, consumption saw a perceptible descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Base Metal Flexible Tubing, Iron Or Steel in Switzerland

In value terms, base metal flexible tubing production shrank slightly to $X in 2021 estimated in export price. Overall, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 123%. Base metal flexible tubing production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Base Metal Flexible Tubing, Iron Or Steel

Exports from Switzerland

In 2021, shipments abroad of base metal flexible tubing, iron or steel increased by 7.7% to X tons, rising for the fifth year in a row after three years of decline. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 208%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, base metal flexible tubing exports contracted slightly to $X in 2021. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 239%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for base metal flexible tubing exports from Switzerland, with a 63% share of total exports. Moreover, base metal flexible tubing exports to Germany exceeded the volume sent to the second major destination, France (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +46.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+88.0% per year) and the Netherlands (+32.1% per year).

In value terms, Germany ($X) remains the key foreign market for base metal flexible tubing, iron or steel exports from Switzerland, comprising 62% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 15% share of total exports. It was followed by France, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +47.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+48.9% per year) and France (+92.7% per year).

Export Prices by Country

In 2021, the average base metal flexible tubing export price amounted to $X per ton, which is down by -8.8% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of 28%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to France ($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 the Netherlands (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Flexible Tubing, Iron Or Steel

Imports into Switzerland

In 2021, overseas purchases of base metal flexible tubing, iron or steel decreased by -1.8% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2017 when imports increased by 21% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, base metal flexible tubing imports reached $X in 2021. In general, imports recorded a deep slump. The pace of growth was the most pronounced in 2019 with an increase of 13% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest base metal flexible tubing supplier to Switzerland, accounting for a 46% share of total imports. Moreover, base metal flexible tubing imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.9% per year) and Turkey (+0.2% per year).

In value terms, Germany ($X) constituted the largest supplier of base metal flexible tubing, iron or steel to Switzerland, comprising 46% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 23% share of total imports. It was followed by the United States, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-2.2% per year) and the United States (+27.7% per year).

Import Prices by Country

The average base metal flexible tubing import price stood at $X per ton in 2021, picking up by 14% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 an increase of 23% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: 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 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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