Switzerland: Extruded Rod Market 2022

Extruded Rod Market Size in Switzerland

The Swiss extruded rod market fell to $X in 2021, approximately reflecting the previous year. In general, consumption, however, continues to indicate a noticeable reduction. Extruded rod consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Extruded Rod Production in Switzerland

In value terms, extruded rod production shrank to $X in 2021 estimated in export price. Overall, production saw a perceptible downturn. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Extruded Rod Exports

Exports from Switzerland

In 2021, approx. X tons of extruded rods and profile shapes of cellular vulcanised rubber were exported from Switzerland; declining by -X% on the year before. In general, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, extruded rod exports shrank slightly to $X in 2021. Over the period under review, exports saw a slight contraction. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for extruded rod exports from Switzerland, with a X% share of total exports. Moreover, extruded rod exports to France exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Austria (X tons), with a X% share.

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

In value terms, Germany ($X) remains the key foreign market for extruded rod exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by China, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and China (+X% per year).

Export Prices by Country

The average extruded rod export price stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, extruded rod export price increased by +X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, 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 Belgium (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Extruded Rod Imports

Imports into Switzerland

After three years of decline, supplies from abroad of extruded rods and profile shapes of cellular vulcanised rubber increased by X% to X tons in 2021. Over the period under review, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, extruded rod imports expanded notably to $X in 2021. In general, imports, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of extruded rod imports to Switzerland, together comprising X% of total imports. Turkey, Spain, Sweden and Poland lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest extruded rod suppliers to Switzerland were Germany ($X), Italy ($X) and France ($X), together comprising X% of total imports. These countries were followed by Sweden, Turkey, Spain and Poland, which together accounted for a further X, with a CAGR of +X%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average extruded rod import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, extruded rod import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for France ($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 (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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