Switzerland - Sauces and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSauce and Seasoning Price in Switzerland - 2023
Contents:
- Sauce and Seasoning Price in Switzerland (CIF) - 2023
- Sauce and Seasoning Price in Switzerland (FOB) - 2023
- Sauce and Seasoning Imports in Switzerland
- Sauce and Seasoning Exports in Switzerland
Sauce and Seasoning Price in Switzerland (CIF) - 2023
The average sauce and seasoning import price stood at $4,273 per ton in August 2023, declining by -4.7% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in October 2022 an increase of 10% m-o-m. The import price peaked at $4,483 per ton in July 2023, and then reduced modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($5,709 per ton), while the price for Austria ($3,092 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sauce and Seasoning Price in Switzerland (FOB) - 2023
In August 2023, the average sauce and seasoning export price amounted to $5,517 per ton, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in April 2023 when the average export price increased by 12% month-to-month. The export price peaked in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($7,245 per ton), while the average price for exports to Romania ($3,644 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sauce and Seasoning Imports in Switzerland
In 2022, the amount of sauces and seasonings imported into Switzerland expanded to 61K tons, surging by 3.1% on the previous year's figure. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, sauce and seasoning imports dropped slightly to $228M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 19%.
Import of Sauce and Seasoning in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 40.7 | 55.8 | 61.3 | 59.3 | 13.4% |
Germany | 40.9 | 44.1 | 48.1 | 43.4 | 2.0% |
Netherlands | 22.3 | 26.9 | 28.3 | 28.9 | 9.0% |
France | 20.8 | 22.8 | 24.4 | 28.8 | 11.5% |
Thailand | 10.6 | 12.4 | 16.7 | 15.9 | 14.5% |
Poland | 2.6 | 3.1 | 8.9 | 10.9 | 61.2% |
Spain | 6.9 | 8.4 | 8.4 | 7.2 | 1.4% |
Austria | 6.6 | 7.2 | 6.4 | 4.5 | -12.0% |
China | 2.6 | 2.9 | 4.0 | 3.9 | 14.5% |
Belgium | 1.8 | 2.5 | 3.3 | 3.4 | 23.6% |
Others | 15.2 | 17.0 | 20.8 | 21.4 | 12.1% |
Total | 171 | 203 | 230 | 228 | 10.1% |
Top Suppliers of Sauce and Seasoning to Switzerland in 2022:
- Italy (17.0K tons)
- Germany (12.4K tons)
- Netherlands (7.5K tons)
- France (6.8K tons)
- Poland (3.7K tons)
- Thailand (3.3K tons)
- Austria (1.7K tons)
- Spain (1.4K tons)
- Belgium (1.2K tons)
- China (1.1K tons)
Sauce and Seasoning Exports in Switzerland
In 2022, approx. 18K tons of sauces and seasonings were exported from Switzerland; falling by -5.2% on the year before. Over the period under review, exports saw a abrupt decline.
In value terms, sauce and seasoning exports shrank markedly to $75M in 2022. In general, exports showed a deep slump. The smallest decline of -10.5% was in 2021.
Export of Sauce and Seasoning in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 40.8 | 39.2 | 38.3 | 32.0 | -7.8% |
France | 12.9 | 12.4 | 8.9 | 7.8 | -15.4% |
Italy | 6.2 | 6.0 | 6.5 | 6.7 | 2.6% |
Austria | 5.6 | 5.5 | 5.9 | 6.1 | 2.9% |
Romania | 1.7 | 5.0 | 4.5 | 5.3 | 46.1% |
United Kingdom | 17.7 | 5.2 | 3.5 | 2.4 | -48.6% |
Hungary | 1.6 | 1.4 | 1.5 | 1.4 | -4.4% |
Netherlands | 6.5 | 4.2 | 3.1 | 1.2 | -43.1% |
Belgium | 5.8 | 4.0 | 1.6 | 0.8 | -48.3% |
Others | 23.3 | 19.6 | 18.0 | 11.8 | -20.3% |
Total | 122 | 102 | 91.7 | 75.5 | -14.8% |
Top Export Markets for Sauce and Seasoning from Switzerland in 2022:
- Germany (7.3K tons)
- France (2.9K tons)
- Romania (1.8K tons)
- Italy (1.4K tons)
- Austria (1.4K tons)
- United Kingdom (0.4K tons)
- Hungary (0.3K tons)
- Netherlands (0.2K tons)
- Belgium (0.1K tons)
This report provides an in-depth analysis of the sauce and seasoning 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:
- Prodcom 10841210 - Soya sauce
- Prodcom 10841230 - Tomato ketchup and other tomato sauces
- Prodcom 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
- Prodcom 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for sauce and seasoning, backed by key statistics and data from the IndexBox market intelligence platform.
In value terms, sauces imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated some no...
In value terms, sauces exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nin...
Discover the top import markets for tomato ketchup and learn about the leading importers, including the United Kingdom, Germany, France, Canada, and the United States. Explore key statistics and insights in this article.
Explore the top import markets for mixed condiments, sauces, and seasonings, including the United States, United Kingdom, Canada, France, Germany, Netherlands, Hong Kong SAR, Australia, Russia, and Mexico. Get key statistics and insights on these markets. Leverage the IndexBox market intelligence platform for accurate and up-to-date market information.
Explore the top import markets for sauce and seasoning, backed by key statistics and data from the IndexBox market intelligence platform.
In value terms, sauces imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated some no...
In value terms, sauces exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nin...
Discover the top import markets for tomato ketchup and learn about the leading importers, including the United Kingdom, Germany, France, Canada, and the United States. Explore key statistics and insights in this article.
Explore the top import markets for mixed condiments, sauces, and seasonings, including the United States, United Kingdom, Canada, France, Germany, Netherlands, Hong Kong SAR, Australia, Russia, and Mexico. Get key statistics and insights on these markets. Leverage the IndexBox market intelligence platform for accurate and up-to-date market information.