Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland - 2024
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland (CIF) - 2022
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland (CIF) - 2022
The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $9,932 per ton in 2022, picking up by 7.1% against the previous year. Overall, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 165% against the previous year. Over the period under review, average import prices hit record highs at $28,054 per ton in 2019; however, from 2020 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 Japan ($22,237 per ton), while the price for Spain ($3,513 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland (FOB) - 2022
The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $10,390 per ton in 2022, declining by -40.6% against the previous year. Overall, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of 32%. The export price peaked at $17,506 per ton in 2021, and then fell notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($29,284 per ton), while the average price for exports to Rwanda ($282 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 Austria (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland
For the fourth year in a row, Switzerland recorded growth in purchases abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s, which increased by 23% to 1.5K tons in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 147% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s skyrocketed to $15M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +66.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.8 | 5.9 | 5.3 | 6.7 | -8.7% |
| Japan | 0.2 | 0.5 | 0.3 | 2.0 | 115.4% |
| United States | 0.3 | 0.2 | 2.3 | 1.7 | 78.3% |
| Taiwan (Chinese) | N/A | N/A | N/A | 1.3 | 0% |
| France | 0.4 | 0.4 | 0.8 | 0.7 | 20.5% |
| Italy | 0.3 | 0.7 | 0.6 | 0.4 | 10.1% |
| Belgium | 0.3 | 0.1 | 0.2 | 0.4 | 10.1% |
| Netherlands | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
| South Korea | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Spain | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
| Others | 0.9 | 1.2 | 1.3 | 1.5 | 18.6% |
| Total | 11.6 | 9.0 | 11.4 | 15.0 | 8.9% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Switzerland in 2022:
- Germany (606.4 tons)
- Taiwan (Chinese) (255.2 tons)
- France (131.0 tons)
- Italy (102.4 tons)
- Japan (89.0 tons)
- Belgium (82.3 tons)
- Netherlands (53.7 tons)
- United States (49.8 tons)
- South Korea (24.4 tons)
- Spain (1.3 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland
In 2022, overseas shipments of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s were finally on the rise to reach 328 tons after two years of decline. Overall, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s soared to $3.4M in 2022. In general, exports, however, continue to indicate a perceptible contraction.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,936 | 1,100 | 1,319 | 1,955 | 0.3% |
| Italy | 119 | 77.6 | 241 | 427 | 53.1% |
| Austria | 682 | 358 | 519 | 332 | -21.3% |
| Czech Republic | 183 | 59.6 | 146 | 112 | -15.1% |
| France | 280 | 67.8 | 19.8 | 86.1 | -32.5% |
| United States | 162 | 158 | 113 | 62.9 | -27.0% |
| Hungary | 2.5 | 174 | 6.4 | 21.8 | 105.8% |
| Rwanda | N/A | N/A | N/A | 2.5 | 0% |
| Others | 503 | 355 | 351 | 413 | -6.4% |
| Total | 3,868 | 2,350 | 2,716 | 3,413 | -4.1% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Switzerland in 2022:
- Germany (232.5 tons)
- Italy (39.7 tons)
- Austria (17.0 tons)
- Rwanda (8.9 tons)
- Czech Republic (3.8 tons)
- France (3.4 tons)
- Hungary (2.6 tons)
- United States (1.0 tons)
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