Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Switzerland - 2024

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland (CIF) - 2024
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland (CIF) - 2024

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $4,415 per ton in January 2024, picking up by 17% against the previous month. Over the period under review, the import price, however, showed a mild curtailment. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 35% month-to-month. The import price peaked at $5,300 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Greece.

From January 2023 to January 2024, the rate of growth in terms of prices for Greece amounted to -1.4% per month.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $6,333 per ton in 2022, declining by -32.4% against the previous year. Over the period under review, the export price, however, posted perceptible growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 243% against the previous year. As a result, the export price reached the peak level of $14,882 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($25,000 per ton), while the average price for exports to Italy ($1,000 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 Maldives (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland

In 2022, the amount of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia imported into Switzerland surged to 171 tons, with an increase of 881% compared with the previous year. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia surged to $642K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece13.80.64.0603252.2%
Italy20.77.67.126.58.6%
United States20.69.010.0N/A-30.3%
Others10850.948.112.4-51.4%
Total16368.169.264257.9%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Switzerland in 2022:

  1. Greece (162.8 tons)
  2. Italy (6.4 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland

In 2022, overseas shipments of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -25% to 6 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a relatively flat trend pattern.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia reduced sharply to $38 in 2022. In general, exports, however, enjoyed significant growth.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Switzerland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives1.0N/A56.025.0192.4%
France1.0N/A11.06.081.7%
Germany2.0N/A5.04.026.0%
Italy1.0N/A1.01.00.0%
Austria1.0N/A1.01.00.0%
Spain1.0N/A1.01.00.0%
OthersN/AN/AN/AN/A0%
Total7.0N/A75.038.075.7%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Switzerland in 2022:

  1. Maldives (1.0 kg)
  2. Italy (1.0 kg)
  3. France (1.0 kg)
  4. Austria (1.0 kg)
  5. Germany (1.0 kg)
  6. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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