Switzerland - Butter - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Switzerland - Butter - Market Analysis, Forecast, Size, Trends and Insights

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Butter Price in Switzerland - 2023

Contents:

  1. Butter Price in Switzerland (CIF) - 2023
  2. Butter Price in Switzerland (FOB) - 2022
  3. Butter Imports in Switzerland
  4. Butter Exports in Switzerland

Butter Price in Switzerland (CIF) - 2023

In September 2023, the average butter import price amounted to $4,999 per ton, which is down by -6.5% against the previous month. Over the period under review, the import price saw a perceptible contraction. The pace of growth was the most pronounced in May 2023 an increase of 2.9% m-o-m. Over the period under review, average import prices hit record highs at $7,177 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the countries with the highest prices were Germany ($5,222 per ton) and the Netherlands ($4,962 per ton), while the price for Belgium ($4,725 per ton) and Denmark ($4,891 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (-2.5%), while the prices for the other major suppliers experienced a decline.

Butter Price in Switzerland (FOB) - 2022

In 2022, the average butter export price amounted to $16,583 per ton, picking up by 26% against the previous year. In general, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 99% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($18,727 per ton), while the average price for exports to the UK ($7,102 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 Morocco (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.

Butter Imports in Switzerland

In 2022, butter imports into Switzerland surged to 7.9K tons, rising by 111% against 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,920% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, butter imports surged to $57M in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,546% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Butter in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.25.33.515.0321.7%
Germany0.69.35.114.9191.8%
Netherlands0.45.95.110.9200.9%
IrelandN/A3.63.75.523.6%
PolandN/A0.10.25.2621.1%
Denmark0.1N/AN/A5.1270.8%
Others0.32.10.60.30.0%
Total1.626.218.256.9228.8%

Top Suppliers of Butter to Switzerland in 2022:

  1. Germany (2.0K tons)
  2. Belgium (2.0K tons)
  3. Netherlands (1.6K tons)
  4. Ireland (0.8K tons)
  5. Denmark (0.7K tons)
  6. Poland (0.7K tons)

Butter Exports in Switzerland

In 2022, shipments abroad of butter decreased by -92.9% to 9.9 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. As a result, the exports reached the peak of 362 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, butter exports shrank dramatically to $165K in 2022. Over the period under review, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. As a result, the exports attained the peak of $4.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Butter in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15312414576.8-20.5%
France83.465.056.544.2-19.1%
ChinaN/A11523.525.0-53.4%
United KingdomN/AN/AN/A11.70%
UkraineN/AN/A8.24.9-40.2%
Russia3103.77.3N/A-84.7%
Japan1,6121,950249N/A-60.7%
Singapore7961,9391,158N/A20.6%
Others1.51851902.010.1%
Total2,9574,3821,838165-61.8%

Top Export Markets for Butter from Switzerland in 2022:

  1. Germany (4.1 tons)
  2. France (2.5 tons)
  3. United Kingdom (1.6 tons)
  4. China (1.4 tons)
  5. Ukraine (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the butter 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:

  • FCL 886 - Butter of Cow Milk

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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