Cereals; Millet, Seed Price in Switzerland - 2023

Contents:

  1. Cereals; Millet, Seed Price in Switzerland (CIF) - 2022
  2. Cereals; Millet, Seed Price in Switzerland (FOB) - 2022
  3. Cereals; Millet, Seed Imports in Switzerland
  4. Cereals; Millet, Seed Exports in Switzerland

Cereals; Millet, Seed Price in Switzerland (CIF) - 2022

In 2022, the average cereals; millet, seed import price amounted to $1,239 per ton, declining by -62.5% against the previous year. Overall, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 an increase of 101%. Over the period under review, average import prices hit record highs at $4,723 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($11,209 per ton), while the price for Poland ($625 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-4.1%).

Cereals; Millet, Seed Price in Switzerland (FOB) - 2022

In 2022, the average cereals; millet, seed export price amounted to $5,037 per ton, growing by 62% against the previous year. Over the period under review, the export price saw resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 70%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +22.7% per year.

Cereals; Millet, Seed Imports in Switzerland

In 2022, the amount of cereals; millet, seeds imported into Switzerland surged to 49 tons, rising by 124% against the previous year. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 397%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, cereals; millet, seed imports shrank significantly to $61K in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 900% against the previous year. As a result, imports attained the peak of $72K, and then reduced sharply in the following year.

Import of Cereals; Millet, Seed in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A27.50%
France1.30.13.727.2175.6%
Czech RepublicN/AN/AN/A3.40%
Austria9.07.029.8N/A82.0%
Others0.30.138.92.8110.5%
Total10.67.272.460.879.0%

Top Suppliers of Cereals; Millet, Seed to Switzerland in 2022:

  1. Poland (44.0 tons)
  2. France (2.4 tons)
  3. Czech Republic (2.0 tons)

Cereals; Millet, Seed Exports in Switzerland

After three years of growth, overseas shipments of cereals; millet, seeds decreased by -89.9% to 200 kg in 2022. Over the period under review, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 315%.

In value terms, cereals; millet, seed exports dropped significantly to $1K in 2022. In general, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 354%.

Export of Cereals; Millet, Seed in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.20.62.21.071.0%
France0.52.60.2N/A-36.8%
OthersN/AN/A3.8N/A0%
Total0.73.26.11.012.6%

Top Export Markets for Cereals; Millet, Seed from Switzerland in 2022:

  1. Germany (200.0 kg)

Source: IndexBox Market Intelligence Platform

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