Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland - 2023

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland (CIF) - 2022
  2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland (FOB) - 2022
  3. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland
  4. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $10,137 per ton in 2022, with an increase of 49% against the previous year. Overall, the import price showed strong growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 154% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($12,491 per ton), while the price for Germany ($3,026 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland (FOB) - 2022

In 2022, the average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $62,031 per ton, with an increase of 38% against the previous year. Overall, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2017 an increase of 1,646%. As a result, the export price attained the peak level of $392,206 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($788,500 per ton), while the average price for exports to Austria amounted to $13,600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+41.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland

In 2022, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses into Switzerland dropped significantly to 1.8 tons, waning by -52.1% against 2021 figures. In general, imports recorded a significant curtailment.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses declined markedly to $19K in 2022. Over the period under review, imports continue to indicate a precipitous setback.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A0.80.616.6355.5%
Germany0.2N/A5.21.386.6%
ItalyN/A6.1N/A0.7-66.1%
Spain15.112.90.2N/A-88.5%
Belgium129N/AN/AN/A0%
AustriaN/A18.2N/AN/A0%
IndiaN/A21.818.7N/A-14.2%
OthersN/A2.71.5N/A-44.4%
Total14462.426.218.7-49.4%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Switzerland in 2022:

  1. France (1325.0 kg)
  2. Germany (427.0 kg)
  3. Italy (78.0 kg)
  4. Belgium (6.0 kg)

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland

For the third year in a row, Switzerland recorded decline in shipments abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, which decreased by -48.4% to 32 kg in 2022. Overall, exports saw a dramatic descent.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses fell markedly to $2K in 2022. In general, exports continue to indicate a dramatic decline.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A1.60%
AustriaN/AN/AN/A0.40%
Czech Republic23573.8N/AN/A-68.6%
Others0.3N/A2.8N/A205.5%
Total23573.82.82.0-79.6%

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Switzerland in 2022:

  1. Austria (30.0 kg)
  2. Poland (2.0 kg)

Source: IndexBox Market Intelligence Platform

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