Switzerland: Margarine And Shortening Market 2024

Margarine And Shortening Market Size in Switzerland

The Swiss margarine and shortening market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Margarine And Shortening Production in Switzerland

In value terms, margarine and shortening production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Margarine and shortening production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Margarine And Shortening Exports

Exports from Switzerland

For the fourth year in a row, Switzerland recorded growth in overseas shipments of margarine and shortening, which increased by X% to X tons in 2022. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, margarine and shortening exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for margarine and shortening exports from Switzerland, with a X% share of total exports. Moreover, margarine and shortening exports to Italy exceeded the volume sent to the second major destination, the Netherlands (X tons), eightfold. Germany (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the Netherlands ($X), Italy ($X) and Germany ($X) were the largest markets for margarine and shortening exported from Switzerland worldwide, together accounting for X% of total exports. France, Brazil, Mexico, the Philippines, Ireland, Indonesia, China and Austria lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average margarine and shortening export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

Margarine And Shortening Imports

Imports into Switzerland

In 2022, purchases abroad of margarine and shortening decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, margarine and shortening imports dropped to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and Poland (X tons) were the main suppliers of margarine and shortening imports to Switzerland, with a combined X% share of total imports. Belgium, Spain, the Netherlands, Italy, Austria, Sweden and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of margarine and shortening to Switzerland, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Poland (X% per year).

Import Prices by Country

The average margarine and shortening import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Sweden ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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