Switzerland: Frozen Cuttlefishes Market 2024

Frozen Cuttlefishes Market Size in Switzerland

The Swiss frozen cuttlefishes market declined to $X in 2022, dropping 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). Over the period under review, consumption faced a sharp curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Frozen Cuttlefishes Exports

Exports from Switzerland

After two years of decline, shipments abroad of frozen cuttlefishes decreased by X% to X kg in 2022. Over the period under review, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen cuttlefishes exports contracted rapidly to $X in 2022. In general, exports saw a sharp slump. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Austria (X kg), Estonia (X kg) and Colombia (X kg) were the main destinations of frozen cuttlefishes exports from Switzerland, with a combined X% share of total exports. The Czech Republic, Seychelles, Germany, Spain, France and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced a decline.

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

From 2013 to 2022, the average annual rate of growth in terms of value to the Czech Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and France (X% per year).

Export Prices by Country

The average frozen cuttlefishes export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, showed a slight increase. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced a decline.

Frozen Cuttlefishes Imports

Imports into Switzerland

Frozen cuttlefishes imports into Switzerland dropped to X tons in 2022, which is down by X% on the year before. In general, imports showed a dramatic decrease. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen cuttlefishes imports contracted to $X in 2022. Over the period under review, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Spain (X tons), Vietnam (X tons) and Portugal (X tons) were the main suppliers of frozen cuttlefishes imports to Switzerland, with a combined X% share of total imports. Italy, the Netherlands, India, Sri Lanka, Thailand, France and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest frozen cuttlefishes suppliers to Switzerland were Vietnam ($X), Spain ($X) and Italy ($X), with a combined X% share of total imports. Portugal, India, Sri Lanka, the Netherlands, Thailand, Germany and France lagged somewhat behind, together accounting for a further X%.

Sri Lanka, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average frozen cuttlefishes import price amounted to $X per ton, which is down by X% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price 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, frozen cuttlefishes import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

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 Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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