Switzerland: Cream Market 2021

Cream Market Size in Switzerland

The Swiss cream market reached $X in 2020, remaining stable against the previous year. In general, the total consumption indicated pronounced growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Cream Production in Switzerland

In value terms, cream production declined modestly to $X in 2020 estimated in export prices. In general, the total production indicated a moderate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2020, production failed to regain the momentum.

Cream Exports

Exports from Switzerland

Cream exports from Switzerland reached X tons in 2020, remaining constant against 2019 figures. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. As a result, exports reached the peak of X tons; afterwards, it flattened through to 2020.

In value terms, cream exports expanded to $X in 2020. In general, total exports indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2008 indices. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons) was the main destination for cream exports from Switzerland, with a X% share of total exports. Moreover, cream exports to France exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to France totaled +X%.

In value terms, the largest markets for cream exported from Switzerland were France ($X) and Italy ($X), with a combined X% share of total exports.

France recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average cream export price amounted to $X per ton, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Italy ($X per ton), while the average price for exports to France totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy.

Cream Imports

Imports into Switzerland

Cream imports into Switzerland was estimated at X tons in 2020, increasing by X% on the previous year's figure. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, cream imports expanded significantly to $X in 2020. Overall, total imports indicated strong growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2020 and are likely to see gradual growth in the near future.

Imports by Country

In 2020, Italy (X tons) was the main supplier of cream to Switzerland, with a X% share of total imports. It was followed by Austria (X tons), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Italy amounted to +X%.

In value terms, Italy ($X) constituted the largest supplier of cream to Switzerland, comprising X% of total imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Italy stood at +X%.

Import Prices by Country

The average cream import price stood at $X per ton in 2020, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while the price for Austria amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Austria.

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Source: IndexBox Platform

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