Switzerland: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Switzerland

After three years of growth, the Swiss market for frozen, dried and smoked fish decreased by X% to $X in 2023. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Frozen, dried and smoked fish consumption peaked at $X in 2022, and then fell slightly in the following year.

Production of Frozen, Dried And Smoked Fish in Switzerland

In value terms, frozen, dried and smoked fish production expanded modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Exports of Frozen, Dried And Smoked Fish

Exports from Switzerland

For the third year in a row, Switzerland recorded growth in shipments abroad of frozen, dried and smoked fish, which increased by X% to X tons in 2023. In general, exports, however, saw a mild shrinkage. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, frozen, dried and smoked fish exports stood at $X in 2023. Over the period under review, exports, however, showed a slight reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for frozen, dried and smoked fish exports from Switzerland, accounting for a X% share of total exports. Moreover, frozen, dried and smoked fish exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Denmark (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume 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 Denmark (X% per year).

In value terms, Germany ($X) remains the key foreign market for frozen, dried and smoked fish exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with an X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2023, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2023, the average export price for frozen, dried and smoked fish amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Switzerland

In 2023, overseas purchases of frozen, dried and smoked fish decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, frozen, dried and smoked fish imports fell slightly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then dropped modestly in the following year.

Imports by Country

Vietnam (X tons), Norway (X tons) and the Netherlands (X tons) were the main suppliers of frozen, dried and smoked fish imports to Switzerland, together accounting for X% of total imports. Portugal, Denmark, Germany, the United States, China, France, Russia, Poland, India and Faroe Islands lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Faroe Islands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Vietnam ($X) and France ($X) were the largest frozen, dried and smoked fish suppliers to Switzerland, with a combined X% share of total imports. The Netherlands, Denmark, Germany, the United States, Poland, Portugal, Faroe Islands, China, Russia and India lagged somewhat behind, together comprising a further X%.

Faroe Islands, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2023, the average import price for frozen, dried and smoked fish amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2023 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform