Price for Homogenised Composite Food Preparations in Switzerland - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Switzerland (CIF) - 2023
2. Price for Homogenised Composite Food Preparations in Switzerland (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Switzerland
4. Exports of Homogenised Composite Food Preparations in Switzerland

Price for Homogenised Composite Food Preparations in Switzerland (CIF) - 2023

In June 2023, the average homogenised composite food preparations import price amounted to $6,213 per ton, which is down by -2.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 9.6% m-o-m. The import price peaked at $6,719 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($10,942 per ton), while the price for Spain ($4,124 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Homogenised Composite Food Preparations in Switzerland (FOB) - 2022

The average homogenised composite food preparations export price stood at $19,731 per ton in 2022, dropping by -14.2% against the previous year. In general, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 300% against the previous year. Over the period under review, the average export prices reached the peak figure at $22,990 per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($40,433 per ton), while the average price for exports to Slovakia ($6,283 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 Kuwait (+115.6%), while the prices for the other major destinations experienced a decline.

Imports of Homogenised Composite Food Preparations in Switzerland

Homogenised composite food preparations imports into Switzerland reached 747 tons in 2022, with an increase of 11% on the previous year. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, homogenised composite food preparations imports expanded rapidly to $4.7M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.7% 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 +84.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Homogenised Composite Food Preparations to Switzerland in 2022:

1. Germany (656.9 tons)
2. Spain (51.5 tons)
3. Netherlands (15.8 tons)

Exports of Homogenised Composite Food Preparations in Switzerland

In 2022, approx. 31 tons of homogenised composite food preparationses were exported from Switzerland; growing by 189% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, homogenised composite food preparations exports soared to $612K in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 498% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Homogenised Composite Food Preparations from Switzerland in 2022:

1. Hungary (21.8 tons)
2. Saudi Arabia (4.1 tons)
3. Qatar (2.0 tons)
4. Kuwait (0.9 tons)
5. Egypt (0.8 tons)
6. Lebanon (0.5 tons)
7. Slovakia (0.5 tons)
8. Germany (0.3 tons)