Switzerland: Pimenta Pepper Market 2024

Pimenta Pepper Market Size in Switzerland

After six years of growth, the Swiss pimenta pepper market decreased by X% to $X in 2022. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Pimenta Pepper Exports

Exports from Switzerland

For the seventh consecutive year, Switzerland recorded growth in overseas shipments of pimenta pepper, which increased by X% to X tons in 2022. In general, exports posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, pimenta pepper exports expanded significantly to $X in 2022. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for pimenta pepper exports from Switzerland, with a X% share of total exports. Moreover, pimenta pepper exports to Germany exceeded the volume sent to the second major destination, Spain (X tons), threefold. North Macedonia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and North Macedonia (X% per year).

In value terms, Germany ($X) remains the key foreign market for pimenta pepper exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, 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: Belgium (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average pimenta pepper export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to North Macedonia ($X 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 Russia (X%), while the prices for the other major destinations experienced a decline.

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Pimenta Pepper Imports

Imports into Switzerland

In 2022, after six years of growth, there was significant decline in purchases abroad of pimenta pepper, when their volume decreased by X% to X tons. Overall, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, pimenta pepper imports shrank to $X in 2022. In general, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Spain (X tons), North Macedonia (X tons) and the Netherlands (X tons) were the main suppliers of pimenta pepper imports to Switzerland, together comprising X% of total imports. Italy, Germany, China, Croatia, Turkey, Serbia, Israel, Thailand, India and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pimenta pepper suppliers to Switzerland were Spain ($X), Germany ($X) and North Macedonia ($X), with a combined X% share of total imports. China, the Netherlands, Serbia, Italy, Croatia, Turkey, India, Israel, Thailand and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pimenta pepper import price amounted to $X per ton, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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