Switzerland: Market for Ferro-Cerium And Pyrophoric Alloys 2024

Market Size for Ferro-Cerium And Pyrophoric Alloys in Switzerland

In 2021, after two years of decline, there was significant growth in the Swiss ferro-cerium and pyrophoric alloys market, when its value increased by 8% to $X. Overall, consumption, however, continues to indicate a deep slump. Ferro-cerium and pyrophoric alloys consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Ferro-Cerium And Pyrophoric Alloys in Switzerland

In value terms, ferro-cerium and pyrophoric alloys production stood at $X in 2021 estimated in export price. In general, production, however, recorded a deep slump. The growth pace was the most rapid in 2018 with an increase of 126% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Ferro-Cerium And Pyrophoric Alloys

Exports from Switzerland

After six years of decline, shipments abroad of ferro-cerium and pyrophoric alloys increased by 38% to X tons in 2021. In general, exports, however, continue to indicate a pronounced shrinkage. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, ferro-cerium and pyrophoric alloys exports surged to $X in 2021. Overall, exports, however, showed a perceptible reduction. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for ferro-cerium and pyrophoric alloys exports from Switzerland, with a 83% share of total exports. Moreover, ferro-cerium and pyrophoric alloys exports to France exceeded the volume sent to the second major destination, Germany (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to -2.2%.

In value terms, France ($X) remains the key foreign market for ferro-cerium and pyrophoric alloys exports from Switzerland, comprising 76% of total exports. The second position in the ranking was taken by Germany ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

The average ferro-cerium and pyrophoric alloys export price stood at $X per ton in 2021, picking up by 17% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.3%).

Imports of Ferro-Cerium And Pyrophoric Alloys

Imports into Switzerland

After three years of decline, supplies from abroad of ferro-cerium and pyrophoric alloys increased by 9.2% to X tons in 2021. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 12%. As a result, imports attained the peak of X tons; afterwards, it flattened through to 2021.

In value terms, ferro-cerium and pyrophoric alloys imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Austria (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of ferro-cerium and pyrophoric alloys imports to Switzerland, with a combined 86% share of total imports. The Netherlands, Turkey, France and the UK lagged somewhat behind, together comprising a further 12%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +44.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and the Czech Republic ($X) appeared to be the largest ferro-cerium and pyrophoric alloys suppliers to Switzerland, together accounting for 87% of total imports. These countries were followed by the Netherlands, Turkey, France and the UK, which together accounted for a further 8.8%.

France, with a CAGR of +40.6%, recorded the highest growth rate of 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

In 2021, the average ferro-cerium and pyrophoric alloys import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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