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Switzerland - Forged Bars Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Forged Stainless Steel Bar in Switzerland - 2023
Contents:
- Price for Forged Stainless Steel Bar in Switzerland (CIF) - 2023
- Price for Forged Stainless Steel Bar in Switzerland (FOB) - 2023
- Imports of Forged Stainless Steel Bar in Switzerland
- Exports of Forged Stainless Steel Bar in Switzerland
Price for Forged Stainless Steel Bar in Switzerland (CIF) - 2023
In August 2023, the average forged stainless steel bar import price amounted to $9,998 per ton, picking up by 21% against the previous month. Overall, import price indicated pronounced growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, forged stainless steel bar import price increased by +25.4% against June 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 37% m-o-m. As a result, import price attained the peak level of $12,958 per ton. From June 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($15,598 per ton), while the price for India ($3,141 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Forged Stainless Steel Bar in Switzerland (FOB) - 2023
In August 2023, the average forged stainless steel bar export price amounted to $13,291 per ton, jumping by 157% against the previous month. Overall, the export price posted notable growth. The export price peaked at $18,407 per ton in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($83,278 per ton), while the average price for exports to Austria ($7,881 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Forged Stainless Steel Bar in Switzerland
In 2022, approx. 1.7K tons of forged bars of stainless steel were imported into Switzerland; with a decrease of -21.8% on 2021 figures. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 5% against the previous year.
In value terms, forged stainless steel bar imports reached $12M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year.
Import of Forged Stainless Steel Bar in Switzerland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.5 | 4.6 | 5.5 | 7.9 | 12.8% |
Sweden | 0.3 | 0.2 | 0.4 | 0.7 | 32.6% |
India | 0.2 | 0.3 | 0.4 | 0.6 | 44.2% |
Austria | 0.7 | 0.5 | 0.4 | 0.5 | -10.6% |
Slovenia | 0.4 | 0.2 | 0.4 | 0.5 | 7.7% |
Poland | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
France | 2.5 | 2.4 | 2.1 | 0.4 | -45.7% |
Spain | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
Italy | 1.5 | 1.4 | 1.9 | 0.1 | -59.5% |
Others | 0.5 | 0.7 | 0.5 | 0.6 | 6.3% |
Total | 12.1 | 10.6 | 11.9 | 12.0 | -0.3% |
Top Suppliers of Forged Stainless Steel Bar to Switzerland in 2022:
- Germany (1033.7 tons)
- India (120.8 tons)
- Sweden (108.1 tons)
- Slovenia (84.6 tons)
- France (74.5 tons)
- Austria (61.7 tons)
- Poland (48.3 tons)
- Spain (44.8 tons)
- Italy (23.8 tons)
Exports of Forged Stainless Steel Bar in Switzerland
In 2022, approx. 153 tons of forged bars of stainless steel were exported from Switzerland; which is down by -23.6% against the previous year's figure. In general, exports recorded a deep slump. The smallest decline of -1.2% was in 2020.
In value terms, forged stainless steel bar exports shrank significantly to $1.3M in 2022. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports reached the peak of $1.8M, and then plummeted in the following year.
Export of Forged Stainless Steel Bar in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 187 | 258 | 336 | 322 | 19.9% |
Germany | 506 | 361 | 493 | 266 | -19.3% |
Austria | 129 | 137 | 151 | 229 | 21.1% |
Italy | 59.9 | 115 | 122 | 175 | 43.0% |
Czech Republic | 20.2 | 33.8 | 54.5 | 107 | 74.3% |
Portugal | N/A | N/A | 28.5 | 53.3 | 87.0% |
Bosnia and Herzegovina | 11.5 | 2.0 | N/A | 22.1 | 24.3% |
France | 53.9 | 77.8 | 69.3 | 0.8 | -75.4% |
Sweden | 108 | 117 | 0.3 | 0.3 | -85.9% |
United Arab Emirates | 432 | N/A | N/A | 0.1 | -93.9% |
Others | 243 | 441 | 525 | 162 | -12.6% |
Total | 1,751 | 1,542 | 1,780 | 1,337 | -8.6% |
Top Export Markets for Forged Stainless Steel Bar from Switzerland in 2022:
- United Arab Emirates (undefined tons)
- France (undefined tons)
- Sweden (undefined tons)
- Germany (41.9 tons)
- Austria (28.3 tons)
- Netherlands (24.4 tons)
- Italy (21.9 tons)
- Czech Republic (14.9 tons)
- Portugal (6.0 tons)
- Bosnia and Herzegovina (2.8 tons)
This report provides an in-depth analysis of the market for forged stainless steel bar in Switzerland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106450 - Forged bars, of stainless steel
Country coverage:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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