Price for Safety Pins and Other Pins; of Iron or Steel in Switzerland - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Switzerland (CIF) - 2022
- Price for Safety Pins and Other Pins; of Iron or Steel in Switzerland (FOB) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Switzerland
- Exports of Safety Pins and Other Pins; of Iron or Steel in Switzerland
Price for Safety Pins and Other Pins; of Iron or Steel in Switzerland (CIF) - 2022
The average import price for safety pins and other pins; of iron or steels stood at $39,172 per ton in 2022, with an increase of 11% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for safety pins and other pins; of iron or steels decreased by -25.4% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of 66% against the previous year. The import price peaked at $52,506 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($133,015 per ton), while the price for Spain ($21,033 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Safety Pins and Other Pins; of Iron or Steel in Switzerland (FOB) - 2022
In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $91,669 per ton, with an increase of 12% against the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 75%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($242,495 per ton), while the average price for exports to India ($10,000 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 Singapore (+38.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Safety Pins and Other Pins; of Iron or Steel in Switzerland
In 2022, approx. 19 tons of safety pins and other pins; of iron or steels were imported into Switzerland; with an increase of 3.8% on 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 81% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of safety pins and other pins; of iron or steels soared to $754K in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Safety Pins and Other Pins; of Iron or Steel in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 262 | 204 | 211 | 298 | 4.4% |
| China | 114 | 107 | 167 | 211 | 22.8% |
| Malaysia | 160 | 122 | 142 | 101 | -14.2% |
| United States | 16.3 | 8.3 | 6.5 | 44.3 | 39.6% |
| Czech Republic | 28.9 | 44.3 | 40.0 | 21.2 | -9.8% |
| United Kingdom | 6.1 | 5.4 | 5.0 | 20.3 | 49.3% |
| Spain | 0.1 | 1.6 | 7.1 | 12.2 | 396.0% |
| Austria | 9.5 | 10.1 | 36.8 | 7.3 | -8.4% |
| Others | 55.8 | 35.9 | 38.0 | 39.0 | -11.3% |
| Total | 653 | 538 | 654 | 754 | 4.9% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Switzerland in 2022:
- China (9.4 tons)
- Germany (5.8 tons)
- Malaysia (1.2 tons)
- Spain (0.6 tons)
- United Kingdom (0.5 tons)
- United States (0.3 tons)
- Czech Republic (0.3 tons)
- Austria (0.2 tons)
Exports of Safety Pins and Other Pins; of Iron or Steel in Switzerland
In 2022, approx. 1.6 tons of safety pins and other pins; of iron or steels were exported from Switzerland; jumping by 23% against the previous year's figure. In general, exports, however, recorded a deep downturn.
In value terms, exports of safety pins and other pins; of iron or steels surged to $144K in 2022. Overall, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 109%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Safety Pins and Other Pins; of Iron or Steel in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.1 | 0.1 | 0.1 | 71.8 | 795.5% |
| United States | 28.8 | 25.4 | 51.8 | 35.9 | 7.6% |
| Germany | 3.4 | 7.8 | 22.0 | 26.4 | 98.0% |
| France | 0.3 | 0.4 | 6.1 | 3.2 | 120.1% |
| Italy | 7.1 | 2.7 | 2.8 | 1.3 | -43.2% |
| Mexico | 4.3 | 0.7 | 0.4 | 0.8 | -42.9% |
| Finland | 42.0 | 6.4 | N/A | 0.4 | -78.8% |
| Sweden | 10.4 | 0.1 | 0.1 | 0.2 | -73.2% |
| Others | 10.0 | 6.4 | 21.4 | 4.2 | -25.1% |
| Total | 106 | 50.2 | 105 | 144 | 10.8% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Switzerland in 2022:
- United States (650.0 kg)
- Netherlands (573.0 kg)
- Germany (109.0 kg)
- France (66.0 kg)
- Italy (47.0 kg)
- Mexico (6.0 kg)
- Finland (6.0 kg)
- Sweden (2.0 kg)
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