Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland - 2023

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland (CIF) - 2022
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland (FOB) - 2023
  3. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland
  4. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland (CIF) - 2022

The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $2,330 per ton in 2022, surging by 9% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($6,771 per ton), while the price for Belgium ($1,407 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland (FOB) - 2023

The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $3,941 per ton in December 2023, growing by 171% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,404 per ton in June 2023; however, from July 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Italy ($11,544 per ton), while the average price for exports to Austria ($3,051 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+53.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland

In 2022, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen into Switzerland reduced to 12K tons, dropping by -10.9% on 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of 13K tons, and then shrank in the following year.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen fell modestly to $28M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. As a result, imports attained the peak of $28M, and then declined modestly in the following year.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.85.67.25.1-4.2%
China4.33.63.54.30.0%
Italy2.32.22.63.312.8%
Germany2.63.03.52.2-5.4%
France1.21.21.41.610.1%
Netherlands1.01.01.91.411.9%
Spain0.91.01.31.415.9%
Poland1.31.10.91.0-8.4%
Portugal0.70.90.90.98.7%
Hungary0.91.01.00.8-3.9%
Austria0.91.01.20.8-3.9%
Ecuador0.70.60.60.84.6%
Egypt0.40.50.30.614.5%
Others3.12.82.23.32.1%
Total26.025.828.527.62.0%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Switzerland in 2022:

  1. Belgium (3653.1 tons)
  2. China (1180.1 tons)
  3. France (1018.1 tons)
  4. Spain (848.4 tons)
  5. Netherlands (801.4 tons)
  6. Portugal (625.6 tons)
  7. Hungary (601.3 tons)
  8. Germany (548.6 tons)
  9. Ecuador (498.4 tons)
  10. Italy (492.1 tons)
  11. Poland (435.0 tons)
  12. Austria (225.6 tons)
  13. Egypt (207.8 tons)

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland

In 2022, approx. 271 tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were exported from Switzerland; growing by 39% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen skyrocketed to $697K in 2022. The total export value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 26%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2872082733527.0%
Italy5.958.015587.1145.3%
Spain6.360.5N/A62.8115.2%
Poland77.365.729.848.9-14.2%
Germany55.858.978.242.8-8.5%
Belgium76.333.60.429.1-27.5%
Netherlands12.0175N/A20.319.2%
Others12.410.437.954.363.6%
Total5336705746979.4%

Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Switzerland in 2022:

  1. Austria (144.5 tons)
  2. Spain (38.2 tons)
  3. Belgium (21.3 tons)
  4. Poland (21.2 tons)
  5. Netherlands (19.7 tons)
  6. Italy (13.8 tons)
  7. Germany (5.9 tons)

Source: IndexBox Market Intelligence Platform

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