Switzerland: Expanded Metal Market 2025

Expanded Metal Market Size in Switzerland

The Swiss expanded metal market shrank slightly to $X in 2022, dropping by -3.9% against the previous year. In general, consumption saw a slight reduction. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Expanded Metal Production in Switzerland

In value terms, expanded metal production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2019 when the production volume increased by 152%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Expanded Metal Exports

Exports from Switzerland

After two years of growth, overseas shipments of iron or steel expanded metal decreased by -47.6% to X tons in 2022. Over the period under review, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 193% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, expanded metal exports dropped markedly to $X in 2022. In general, exports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2014 when exports increased by 84% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), Australia (X tons) and Belgium (X tons) were the main destinations of expanded metal exports from Switzerland, together accounting for 73% of total exports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +125.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Germany ($X) and France ($X) appeared to be the largest markets for expanded metal exported from Switzerland worldwide, with a combined 72% share of total exports.

Australia, with a CAGR of +132.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average expanded metal export price stood at $X per ton in 2022, picking up by 44% against the previous year. Over the period under review, the export price, however, recorded a perceptible reduction. The growth pace was the most rapid in 2016 when the average export price increased by 285% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Czech Republic ($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 Portugal (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports

Imports into Switzerland

After two years of growth, supplies from abroad of iron or steel expanded metal decreased by -25.6% to X tons in 2022. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, expanded metal imports reduced markedly to $X in 2022. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 35% against the previous year. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest expanded metal supplier to Switzerland, accounting for a 65% share of total imports. Moreover, expanded metal imports from Italy exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at -14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+50.5% per year) and Germany (-11.9% per year).

In value terms, Vietnam ($X), Italy ($X) and France ($X) appeared to be the largest expanded metal suppliers to Switzerland, with a combined 93% share of total imports.

Among the main suppliers, Vietnam, with a CAGR of +55.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average expanded metal import price amounted to $X per ton, picking up by 14% against the previous year. In general, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 86% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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