Switzerland: Banana And Plantain Market 2022

Banana And Plantain Market Size in Switzerland

The Swiss banana and plantain market rose to $X in 2021, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Banana And Plantain Exports

Exports from Switzerland

After seven years of growth, shipments abroad of bananas and plantains decreased by -X% to X tonnes in 2021. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tonnes in 2020, and then contracted dramatically in the following year.

In value terms, banana and plantain exports reduced rapidly to $X in 2021. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Over the period under review, the exports hit record highs at $X in 2020, and then contracted significantly in the following year.

Exports by Country

Germany (X tonnes) was the main destination for banana and plantain exports from Switzerland, accounting for a X% share of total exports. Moreover, banana and plantain exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tonnes), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and France (-X% per year).

In value terms, Germany ($X) remains the key foreign market for banana and plantain exports from Switzerland, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and France (-X% per year).

Export Prices by Country

The average banana and plantain export price stood at $X per tonne in 2021, remaining stable against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X%), while the prices for the other major destinations experienced a decline.

Banana And Plantain Imports

Imports into Switzerland

In 2021, banana and plantain imports into Switzerland totaled X tonnes, leveling off at the previous year's figure. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, banana and plantain imports amounted to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Colombia (X tonnes), Ecuador (X tonnes) and Peru (X tonnes) were the main suppliers of banana and plantain imports to Switzerland, with a combined X% share of total imports. Panama, the Dominican Republic and Nicaragua lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Nicaragua (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Ecuador ($X) and Peru ($X) appeared to be the largest banana and plantain suppliers to Switzerland, with a combined X% share of total imports. Panama, the Dominican Republic and Nicaragua lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average banana and plantain import price stood at $X per tonne in 2021, increasing by X% against the previous year. In general, the import price, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2013 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Dominican Republic ($X per tonne), while the price for Colombia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform