Aluminium Bar Market Overview in Switzerland
In value terms, aluminium bar production soared to $ in 2019 estimated in export prices. Over the period under review, production saw strong growth. The growth pace was the most rapid in 2015 when the production volume increased by % year-to-year. Over the period under review, production reached the maximum level in 2019 and is expected to retain growth in the near future.
The revenue of the aluminium bar market in Switzerland totaled $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated temperate growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2014 indices. The pace of growth was the most pronounced in 2015 when the market value increased by % y-o-y. Aluminium bar consumption peaked in 2019 and is expected to retain growth in years to come.