Switzerland: Flat-Rolled Steel Products Market 2025

Flat-Rolled Steel Products Market Size in Switzerland

In 2021, the Swiss flat-rolled steel products market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, saw a deep reduction. Flat-rolled steel products consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Flat-Rolled Steel Products Exports

Exports from Switzerland

In 2021, the amount of flat-rolled products of iron or non-alloy steel exported from Switzerland dropped rapidly to X tons, which is down by -79.2% on the previous year. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 1,217%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, flat-rolled steel products exports declined notably to $X in 2021. In general, exports showed a deep slump. The growth pace was the most rapid in 2020 with an increase of 2,038%. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

The Netherlands (X tons), Italy (X tons) and San Marino (X tons) were the main destinations of flat-rolled steel products exports from Switzerland, with a combined 75% share of total exports. Germany, Poland, France and Australia lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +202.4%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Italy ($X) were the largest markets for flat-rolled steel products exported from Switzerland worldwide, with a combined 41% share of total exports. France, Poland, San Marino and Australia lagged somewhat behind, together accounting for a further 18%.

Among the main countries of destination, Poland, with a CAGR of +180.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average flat-rolled steel products export price amounted to $X per ton, with a decrease of -17.5% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2020 an increase of 62% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to San Marino ($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 Australia (+40.5%), while the prices for the other major destinations experienced more modest paces of growth.

Flat-Rolled Steel Products Imports

Imports into Switzerland

For the third year in a row, Switzerland recorded decline in supplies from abroad of flat-rolled products of iron or non-alloy steel, which decreased by -2% to X tons in 2021. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by 28%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, flat-rolled steel products imports rose modestly to $X in 2021. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 35% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest flat-rolled steel products supplier to Switzerland, accounting for a 69% share of total imports. Moreover, flat-rolled steel products imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was held by Belgium (X tons), with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+35.5% per year) and Belgium (+2.9% per year).

In value terms, Germany ($X) constituted the largest supplier of flat-rolled products of iron or non-alloy steel to Switzerland, comprising 62% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Belgium, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.4% per year) and Belgium (+4.5% per year).

Import Prices by Country

The average flat-rolled steel products import price stood at $X per ton in 2021, surging by 5.7% against the previous year. Overall, the import price, however, recorded a noticeable slump. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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