Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland - 2024
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland (CIF) - 2024
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland (FOB) - 2024
- Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland
- Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland (CIF) - 2024
In January 2024, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,642 per ton, rising by 19% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $1,849 per ton in August 2023; however, from September 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Sweden ($2,520 per ton), while the price for the Netherlands ($1,049 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Belgium (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland (FOB) - 2024
The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,388 per ton in January 2024, declining by -63.4% against the previous month. Over the period under review, the export price saw a abrupt setback. The growth pace was the most rapid in April 2023 when the average export price increased by 161% month-to-month. Over the period under review, the average export prices reached the peak figure at $6,438 per ton in February 2023; however, from March 2023 to January 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Austria ($5,018 per ton), while the average price for exports to France ($1,317 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.4%), while the prices for the other major destinations experienced a decline.
Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland
In 2022, approx. 82K tons of alloy steel flat-rolled products, of a width 600mm or mores were imported into Switzerland; picking up by 11% compared with 2021 figures. In general, imports, however, saw a pronounced curtailment.
In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores soared to $128M in 2022. Overall, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.9 | 24.9 | 29.9 | 42.5 | 2.1% |
| China | 2.4 | 0.9 | 1.2 | 11.9 | 70.5% |
| Austria | 8.2 | 5.7 | 9.0 | 11.4 | 11.6% |
| Slovakia | 9.1 | 5.3 | 7.5 | 10.1 | 3.5% |
| Belgium | 1.6 | 6.0 | 12.1 | 9.8 | 83.0% |
| France | 6.0 | 4.1 | 7.4 | 7.6 | 8.2% |
| South Korea | 1.3 | 0.3 | 0.6 | 7.3 | 77.7% |
| Sweden | 4.6 | 4.3 | 5.5 | 6.9 | 14.5% |
| Italy | 0.5 | 0.7 | 2.2 | 5.5 | 122.4% |
| Netherlands | 0.9 | 0.5 | 3.7 | 4.8 | 74.7% |
| Finland | 1.5 | 1.2 | 1.7 | 2.8 | 23.1% |
| Taiwan (Chinese) | 0.6 | 4.1 | 7.4 | 1.6 | 38.7% |
| Luxembourg | 0.2 | 2.4 | 1.1 | 1.5 | 95.7% |
| Others | 2.8 | 2.0 | 3.2 | 4.2 | 14.5% |
| Total | 79.7 | 62.4 | 92.6 | 128 | 17.1% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Switzerland in 2022:
- Germany (31.1K tons)
- Austria (7.1K tons)
- Belgium (7.1K tons)
- China (6.3K tons)
- Slovakia (6.3K tons)
- Netherlands (3.9K tons)
- South Korea (3.9K tons)
- France (3.7K tons)
- Italy (3.4K tons)
- Sweden (3.3K tons)
- Finland (1.6K tons)
- Luxembourg (1.1K tons)
- Taiwan (Chinese) (0.9K tons)
Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland
In 2022, approx. 688 tons of alloy steel flat-rolled products, of a width 600mm or mores were exported from Switzerland; jumping by 101% compared with the previous year's figure. In general, exports posted prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 162%. As a result, the exports reached the peak of 1.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores soared to $1.7M in 2022. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 73% against the previous year. As a result, the exports reached the peak of $2.1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 776 | 629 | 889 | 807 | 1.3% |
| France | 5.6 | 45.6 | 10.0 | 608 | 377.1% |
| Austria | 37.0 | 57.4 | 46.0 | 160 | 62.9% |
| Bosnia and Herzegovina | 75.6 | 0.8 | 19.9 | 15.2 | -41.4% |
| Italy | 40.6 | 99.6 | 47.8 | 3.8 | -54.6% |
| Vietnam | N/A | 175 | N/A | N/A | 0% |
| Iran | N/A | 906 | N/A | N/A | 0% |
| Others | 259 | 148 | 106 | 94.2 | -28.6% |
| Total | 1,194 | 2,061 | 1,118 | 1,689 | 12.3% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Switzerland in 2022:
- France (380.3 tons)
- Germany (209.2 tons)
- Austria (72.5 tons)
- Bosnia and Herzegovina (7.5 tons)
- Italy (1.0 tons)
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