Switzerland: Market for Welded Link Chain Of Iron Or Steel 2025

Market Size for Welded Link Chain Of Iron Or Steel in Switzerland

In 2021, the Swiss metal welded link chain market increased by 17% to $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Production of Welded Link Chain Of Iron Or Steel in Switzerland

In value terms, metal welded link chain production dropped to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 170%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Exports of Welded Link Chain Of Iron Or Steel

Exports from Switzerland

In 2021, overseas shipments of welded link chain of iron or steel increased by 24% to X tons, rising for the fourth consecutive year after two years of decline. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2019 with an increase of 247% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, metal welded link chain exports soared to $X in 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 346%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

Exports by Country

The UK (X tons), Australia (X tons) and Germany (X tons) were the main destinations of metal welded link chain exports from Switzerland, together accounting for 46% of total exports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +1,047.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Australia ($X) and Germany ($X) constituted the largest markets for metal welded link chain exported from Switzerland worldwide, with a combined 45% share of total exports.

Australia, with a CAGR of +1,109.2%, recorded the highest growth rate of 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 metal welded link chain export price stood at $X per ton in 2021, growing by 13% against the previous year. Overall, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal welded link chain export price increased by +29.1% against 2018 indices. The pace of growth was the most pronounced in 2015 an increase of 41%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to France ($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 (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded Link Chain Of Iron Or Steel

Imports into Switzerland

In 2021, metal welded link chain imports into Switzerland expanded sharply to X tons, picking up by 7.7% against 2020 figures. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 16% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, metal welded link chain imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Austria (X tons) and China (X tons) were the main suppliers of metal welded link chain imports to Switzerland, with a combined 75% share of total imports. Italy, France, Sweden and the Czech Republic lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +15.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal welded link chain suppliers to Switzerland were Germany ($X), Austria ($X) and China ($X), with a combined 83% share of total imports. Italy, Sweden, France and the Czech Republic lagged somewhat behind, together accounting for a further 13%.

The Czech Republic, with a CAGR of +13.7%, recorded the highest rates of growth with regard to 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

The average metal welded link chain import price stood at $X per ton in 2021, picking up by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Italy ($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 (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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