Switzerland: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in Switzerland

After two years of growth, the Swiss market for aluminium plates, sheets and strip of thickness over X mm decreased by X% to $X in 2023. Over the period under review, consumption saw a perceptible decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Switzerland

In 2023, exports of aluminium plates, sheets and strip of thickness over X mm from Switzerland rose remarkably to X tons, increasing by X% on 2022. In general, exports continue to indicate a measured expansion. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm declined modestly to $X in 2023. Overall, total exports indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2022, and then declined slightly in the following year.

Exports by Country

Germany (X tons), Hungary (X tons) and Bulgaria (X tons) were the main destinations of exports of aluminium plates, sheets and strip of thickness over X mm from Switzerland, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and Bulgaria ($X) constituted the largest markets for aluminium plate, sheet and strip of thickness over X mm exported from Switzerland worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Switzerland

Imports of aluminium plates, sheets and strip of thickness over X mm into Switzerland shrank to X tons in 2023, waning by X% compared with 2022. Over the period under review, imports saw a perceptible contraction. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm fell remarkably to $X in 2023. Overall, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2022 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Turkey (X tons) constituted the largest supplier of aluminium plate, sheet and strip of thickness over X mm to Switzerland, with a X% share of total imports. Moreover, imports of aluminium plates, sheets and strip of thickness over X mm from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of aluminium plates, sheets and strip of thickness over X mm to Switzerland, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

In 2023, the average import price for aluminium plates, sheets and strip of thickness over X mm amounted to $X per ton, shrinking by X% against the previous year. In general, import price indicated a mild expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for aluminium plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2022 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform