Switzerland: Metal Hammer Market 2024

Metal Hammer Market Size in Switzerland

The Swiss metal hammer market totaled $X in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +27.6% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Metal Hammer Exports

Exports from Switzerland

Metal hammer exports from Switzerland contracted rapidly to X tons in 2022, declining by -45.3% compared with the year before. In general, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal hammer exports declined markedly to $X in 2022. Over the period under review, exports faced a sharp decline. The growth pace was the most rapid in 2021 with an increase of 26%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for metal hammer exports from Switzerland, with a 52% share of total exports. Moreover, metal hammer exports to Germany exceeded the volume sent to the second major destination, Japan (X tons), fivefold. Austria (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-0.6% per year) and Austria (-10.8% per year).

In value terms, Germany ($X) emerged as the key foreign market for hammers and sledge hammers with working part of metal exports from Switzerland, comprising 42% of total exports. The second position in the ranking was taken by Japan ($X), with an 18% share of total exports. It was followed by the United States, with a 4.7% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -28.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-3.7% per year) and the United States (-14.9% per year).

Export Prices by Country

The average metal hammer export price stood at $X per ton in 2022, surging by 20% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal hammer export price increased by +43.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 49%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Austria ($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 France (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Hammer Imports

Imports into Switzerland

In 2022, approx. X tons of hammers and sledge hammers with working part of metal were imported into Switzerland; which is down by -11.9% against the year before. Overall, imports saw a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, metal hammer imports reached $X in 2022. The total import value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of metal hammer imports to Switzerland, with a combined 83% share of total imports. India, Taiwan (Chinese), Mexico and France lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +73.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal hammer suppliers to Switzerland were Germany ($X), China ($X) and Italy ($X), with a combined 78% share of total imports. Taiwan (Chinese), France, India and Mexico lagged somewhat behind, together comprising a further 18%.

Mexico, with a CAGR of +86.0%, saw the highest growth rate of the value of imports, among 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 2022, the average metal hammer import price amounted to $X per ton, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2016 an increase of 33% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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