Switzerland: Copper Foil Market 2024

Copper Foil Market Size in Switzerland

In 2022, the Swiss copper foil market decreased by -10.6% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption continues to indicate a pronounced contraction. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Copper Foil Production in Switzerland

In value terms, copper foil production contracted markedly to $X in 2022 estimated in export price. In general, production continues to indicate a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 109%. Copper foil production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Copper Foil Exports

Exports from Switzerland

In 2022, overseas shipments of copper foil increased by 14% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 51% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, copper foil exports soared to $X in 2022. In general, exports posted a measured increase. The most prominent rate of growth was recorded in 2017 with an increase of 90%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), France (X tons) and the Czech Republic (X tons) were the main destinations of copper foil exports from Switzerland, together accounting for 75% of total exports. Thailand, Belgium, the United States, the UK, the Netherlands, India, Spain, Mexico, Italy and Portugal lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +32.2%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for copper foil exports from Switzerland, comprising 51% of total exports. The second position in the ranking was held by Germany ($X), with a 22% share of total exports. It was followed by the Netherlands, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.1% per year) and the Netherlands (+6.5% per year).

Export Prices by Country

The average copper foil export price stood at $X per ton in 2022, rising by 15% against the previous year. Over the last decade, it increased at an average annual rate of +5.3%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 29%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the Czech Republic ($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 the Netherlands (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Foil Imports

Imports into Switzerland

In 2022, supplies from abroad of copper foil decreased by -8.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, copper foil imports shrank modestly to $X in 2022. Overall, imports continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest copper foil supplier to Switzerland, with a 39% share of total imports. Moreover, copper foil imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Austria (X tons), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.9% per year) and Austria (-3.2% per year).

In value terms, the largest copper foil suppliers to Switzerland were Germany ($X), the United States ($X) and France ($X), together comprising 61% of total imports. China, Austria, Belgium, Taiwan (Chinese), Bulgaria and Italy lagged somewhat behind, together accounting for a further 27%.

Bulgaria, with a CAGR of +65.6%, 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

The average copper foil import price stood at $X per ton in 2022, picking up by 3.6% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper foil import price increased by +87.9% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 34%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 the United States ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform