Switzerland: Non-Alloy Steel I-Sections Market 2024

Non-Alloy Steel I-Sections Market Size in Switzerland

In 2021, the Swiss non-alloy steel i-sections market increased by 29% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Non-Alloy Steel I-Sections Exports

Exports from Switzerland

After three years of decline, shipments abroad of i-sections of non-alloy steel increased by 8,148% to X tons in 2021. Overall, exports, however, recorded a deep reduction. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-alloy steel i-sections exports soared to $X in 2021. In general, exports, however, faced a deep slump. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main destinations of non-alloy steel i-sections exports from Switzerland, with a combined 92% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +1.9%), while the other leaders experienced a decline.

In value terms, Germany ($X), Italy ($X) and France ($X) appeared to be the largest markets for non-alloy steel i-sections exported from Switzerland worldwide, with a combined 92% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +6.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average non-alloy steel i-sections export price amounted to $X per ton, increasing by 2.6% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-alloy steel i-sections export price decreased by -2.2% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 42% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Austria ($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 the Netherlands (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Steel I-Sections Imports

Imports into Switzerland

In 2021, supplies from abroad of i-sections of non-alloy steel increased by 8.6% to X tons, rising for the second year in a row after four years of decline. In general, imports, however, recorded a perceptible contraction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-alloy steel i-sections imports soared to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Luxembourg (X tons) and Spain (X tons) were the main suppliers of non-alloy steel i-sections imports to Switzerland, together comprising 77% of total imports. Poland, Italy, Austria and France lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +14.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Luxembourg ($X) and Spain ($X) appeared to be the largest non-alloy steel i-sections suppliers to Switzerland, together comprising 77% of total imports. These countries were followed by Italy, Poland, Austria and France, which together accounted for a further 22%.

France, with a CAGR of +16.4%, recorded 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 2021, the average non-alloy steel i-sections import price amounted to $X per ton, growing by 60% against the previous year. In general, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Austria ($X per ton) and Luxembourg ($X per ton), while the price for France ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :