Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Switzerland - 2024

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Switzerland (CIF) - 2024
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Switzerland (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Switzerland
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Switzerland

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Switzerland (CIF) - 2024

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $6,600 per ton in April 2024, shrinking by -28.9% against the previous month. Over the period under review, the import price showed a perceptible reduction. The pace of growth was the most pronounced in February 2024 when the average import price increased by 36% month-to-month. The import price peaked at $10,759 per ton in December 2023; however, from January 2024 to April 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Italy ($15,884 per ton), while the price for Israel ($3,763 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Germany (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Switzerland (FOB) - 2022

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $18,928 per ton in 2022, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2013 when the average export price increased by 25%. As a result, the export price attained the peak level of $19,309 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($31,254 per ton), while the average price for exports to Italy ($6,720 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 Australia (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Switzerland

In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or steel cast fittings, other than of non-malleable cast ira, when their volume decreased by -5.7% to 4K tons. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 4.2K tons, and then contracted in the following year.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira dropped to $34M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports attained the peak of $38M, and then shrank in the following year.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Switzerland in 2022:

1. Germany (1835.6 tons)
2. Austria (954.8 tons)
3. Poland (311.5 tons)
4. China (284.5 tons)
5. Italy (161.8 tons)
6. Israel (116.6 tons)
7. France (98.7 tons)
8. Belgium (26.9 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Switzerland

For the third consecutive year, Switzerland recorded decline in shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira, which decreased by -9.4% to 276 tons in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The smallest decline of -3.9% was in 2021.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira totaled $5.2M in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 20%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Switzerland in 2022:

1. Germany (76.8 tons)
2. Italy (49.0 tons)
3. Australia (31.5 tons)
4. Austria (29.5 tons)
5. France (19.3 tons)
6. Netherlands (16.0 tons)
7. Belgium (11.3 tons)

Source: IndexBox Market Intelligence Platform