Switzerland - Iron Or Steel Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Wool Price in Switzerland - 2023
Contents:
- Metal Wool Price in Switzerland (CIF) - 2023
- Metal Wool Price in Switzerland (FOB) - 2022
- Metal Wool Imports in Switzerland
- Metal Wool Exports in Switzerland
Metal Wool Price in Switzerland (CIF) - 2023
The average metal wool import price stood at $5,304 per ton in September 2023, with a decrease of -20% against the previous month. In general, the import price showed a perceptible descent. The pace of growth was the most pronounced in June 2023 an increase of 62% m-o-m. The import price peaked at $13,501 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($12,584 per ton), while the price for China totaled $4,831 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.1%).
Metal Wool Price in Switzerland (FOB) - 2022
The average metal wool export price stood at $7,822 per ton in 2022, waning by -46.9% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 82% against the previous year. As a result, the export price attained the peak level of $39,755 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($59,674 per ton), while the average price for exports to Bosnia and Herzegovina ($1,301 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 Japan (+5.1%), while the prices for the other major destinations experienced a decline.
Metal Wool Imports in Switzerland
In 2022, purchases abroad of iron or steel wool was finally on the rise to reach 182 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a drastic downturn.
In value terms, metal wool imports amounted to $1.3M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 3.2%. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Metal Wool in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 579 | 750 | 743 | 826 | 12.6% |
| Germany | 214 | 230 | 292 | 291 | 10.8% |
| Portugal | 98.7 | 111 | 115 | 49.0 | -20.8% |
| France | 153 | 173 | 24.1 | 27.4 | -43.6% |
| Italy | 13.7 | 21.9 | 25.1 | 20.0 | 13.4% |
| Ireland | 122 | 0.1 | N/A | N/A | -99.9% |
| Others | 180 | 117 | 127 | 130 | -10.3% |
| Total | 1,361 | 1,404 | 1,326 | 1,344 | -0.4% |
Top Suppliers of Metal Wool to Switzerland in 2022:
- China (130.9 tons)
- Germany (27.0 tons)
- Portugal (12.0 tons)
- Italy (3.2 tons)
- France (1.3 tons)
Metal Wool Exports in Switzerland
In 2022, exports of iron or steel wool from Switzerland soared to 4.8 tons, surging by 27% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal wool exports dropped markedly to $37K in 2022. Over the period under review, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. As a result, the exports reached the peak of $68K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Metal Wool in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.3 | 0.9 | 5.2 | 10.2 | 33.4% |
| India | 3.7 | 2.8 | 4.6 | 5.3 | 12.7% |
| Germany | 11.1 | 5.6 | 13.4 | 4.7 | -24.9% |
| Japan | 0.3 | 3.2 | N/A | 2.5 | 102.7% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 2.5 | 0% |
| Sweden | N/A | 0.1 | 3.9 | 1.6 | 300.0% |
| China | 1.2 | 0.3 | 2.1 | 1.2 | 0.0% |
| Netherlands | N/A | 1.5 | 2.1 | 0.8 | -27.0% |
| Belgium | 1.7 | N/A | N/A | 0.7 | -25.6% |
| Poland | 9.0 | 2.4 | N/A | 0.4 | -64.6% |
| Denmark | N/A | 30.5 | N/A | N/A | 0% |
| Russia | N/A | N/A | 4.2 | N/A | 0% |
| Lebanon | 2.5 | N/A | N/A | N/A | 0% |
| Others | 20.1 | 21.2 | 19.6 | 7.3 | -28.7% |
| Total | 53.7 | 68.4 | 55.2 | 37.3 | -11.4% |
Top Export Markets for Metal Wool from Switzerland in 2022:
- Bosnia and Herzegovina (1900.0 kg)
- France (1668.0 kg)
- Japan (215.0 kg)
- Netherlands (190.0 kg)
- Germany (165.0 kg)
- Sweden (130.0 kg)
- India (89.0 kg)
- Belgium (83.0 kg)
- China (78.0 kg)
- Poland (6.0 kg)
This report provides an in-depth analysis of the metal wool market 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 25991280 - Iron or steel wool, pot scourers and scouring or polishing pads, and gloves and the like
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
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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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