Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland (CIF) - 2023
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland (FOB) - 2022
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland (CIF) - 2023

In November 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,237 per ton, approximately mirroring the previous month. Overall, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in April 2023 an increase of 6.9% against the previous month. As a result, import price reached the peak level of $4,860 per ton. From May 2023 to November 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($4,834 per ton), while the price for the United States ($4,038 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+16.9%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,489 per ton, growing by 15% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -13.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 63%. As a result, the export price reached the peak level of $5,181 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,497 per ton), while the average price for exports to China ($3,921 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 Spain (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into Switzerland declined significantly to 2.5K tons, which is down by -18.5% on the previous year's figure. In general, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of 3K tons, and then fell dramatically in the following year.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms rose slightly to $12M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +72.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4.23.66.66.817.4%
United States2.71.53.12.6-1.3%
Netherlands1.71.11.11.81.9%
Germany0.60.50.50.60.0%
Others0.20.10.10.314.5%
Total9.36.911.411.98.6%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Switzerland in 2022:

  1. Spain (1463.1 tons)
  2. United States (529.9 tons)
  3. Netherlands (311.8 tons)
  4. Germany (99.4 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland

Exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Switzerland reached 22 tons in 2022, surging by 14% against the year before. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 76%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $101K in 2022. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 79%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.430.551.253.348.1%
Germany30.112.35.026.8-3.8%
ChinaN/AN/A8.420.7146.4%
Others12.30.112.3N/A0.0%
Total58.842.976.810119.8%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Switzerland in 2022:

  1. Italy (12.3 tons)
  2. China (5.3 tons)
  3. Germany (4.9 tons)

Source: IndexBox Market Intelligence Platform

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