Switzerland: Metal Link Chain Market 2024

Metal Link Chain Market Size in Switzerland

The Swiss metal link chain market reached $X in 2021, growing by 14% against the previous year. In general, consumption, however, showed a perceptible contraction. Metal link chain consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Metal Link Chain Production in Switzerland

In value terms, metal link chain production rose notably to $X in 2021 estimated in export price. Overall, production, however, saw a perceptible reduction. The growth pace was the most rapid in 2019 when the production volume increased by 37% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Metal Link Chain Exports

Exports from Switzerland

After three years of decline, shipments abroad of iron or steel articulated link chain increased by 37% to X tons in 2021. Over the period under review, exports, however, showed a mild decrease. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, metal link chain exports fell dramatically to $X in 2021. In general, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 19% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), the UK (X tons) and the United States (X tons) were the main destinations of metal link chain exports from Switzerland, with a combined 62% share of total exports. India, Italy, France, Singapore, China, Poland, Austria, Spain, the Netherlands and Japan lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +46.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the UK ($X) constituted the largest markets for metal link chain exported from Switzerland worldwide, together comprising 46% of total exports. Italy, France, India, Spain, Poland, China, Austria, Singapore, the Netherlands and Japan lagged somewhat behind, together accounting for a further 32%.

In terms of the main countries of destination, Singapore, with a CAGR of +24.6%, 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 mixed trend patterns.

Export Prices by Country

The average metal link chain export price stood at $X per ton in 2021, waning by -50.9% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 36% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to India ($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 France (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Link Chain Imports

Imports into Switzerland

In 2021, supplies from abroad of iron or steel articulated link chain increased by 101% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal link chain imports soared to $X in 2021. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 46%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Germany (X tons), Italy (X tons) and Austria (X tons) were the main suppliers of metal link chain imports to Switzerland, together accounting for 87% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +26.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of iron or steel articulated link chain to Switzerland, comprising 53% of total imports. The second position in the ranking was held by Italy ($X), with a 16% share of total imports. It was followed by Austria, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.8% per year) and Austria (+3.0% per year).

Import Prices by Country

The average metal link chain import price stood at $X per ton in 2021, dropping by -35.5% against the previous year. Overall, the import price showed a perceptible downturn. The pace of growth appeared the most rapid in 2018 an increase of 55% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Italy ($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 (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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