Switzerland: Poppy Seed Market Overview 2021

Poppy Seed Market Size in Switzerland

In 2019, the Swiss poppy seed market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, recorded a perceptible descent. The growth pace was the most rapid in 2013 when the market value increased by X% y-o-y. Poppy seed consumption peaked at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Poppy Seed Exports

Exports from Switzerland

In 2019, after four years of growth, there was significant decline in shipments abroad of poppy seed, when their volume decreased by -X% to X tonnes. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Exports peaked at X tonnes in 2018, and then declined sharply in the following year.

In value terms, poppy seed exports fell markedly to $X in 2019. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Exports peaked at $X in 2018, and then shrank notably in the following year.

Exports by Country

Germany (X tonnes) was the main destination for poppy seed exports from Switzerland, accounting for a X% share of total exports. Moreover, poppy seed exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tonnes), sixfold.

From 2007 to 2019, the average annual growth rate of volume to Germany totaled +X%.

In value terms, Germany ($X) remains the key foreign market for poppy seed exports from Switzerland, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Germany totaled +X%.

Export Prices by Country

The average poppy seed export price stood at $X per tonne in 2019, rising by X% against the previous year. In general, the export price, however, continues to indicate a slight slump. The growth pace was the most rapid in 2018 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2019, the country with the highest price was Germany ($X per tonne), while the average price for exports to the Netherlands stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany.

Poppy Seed Imports

Imports into Switzerland

Poppy seed imports into Switzerland reduced to X tonnes in 2019, declining by -X% on the year before. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at X tonnes in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, poppy seed imports fell to $X in 2019. Overall, total imports indicated slight growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the Czech Republic (X tonnes) constituted the largest supplier of poppy seed to Switzerland, with a X% share of total imports. Moreover, poppy seed imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), twofold. The third position in this ranking was occupied by Turkey (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the Czech Republic amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Turkey (+X% per year).

In value terms, the largest poppy seed suppliers to Switzerland were the Czech Republic ($X), Germany ($X) and Turkey ($X), with a combined X% share of total imports. France, Austria, Russia and Denmark lagged somewhat behind, together comprising a further X terms of the main suppliers, France recorded the highest rates of growth with regard to 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 2019, the average poppy seed import price amounted to $X per tonne, with an increase of X% against the previous year. In general, import price indicated a temperate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, poppy seed import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Austria ($X per tonne), while the price for Denmark ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for poppy seed in the world?

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The country with the largest volume of poppy seed consumption was India (17K tonnes), accounting for 18% of total volume. Moreover, poppy seed consumption in India exceeded the figures recorded by the second-largest consumer, Germany (8.1K tonnes), twofold. Russia (7.2K tonnes) ranked third in terms of total consumption with a 7.7% share.

What are the largest producers of poppy seed in the world?

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The countries with the highest volumes of poppy seed production in 2019 were Turkey (27K tonnes), the Czech Republic (18K tonnes) and Spain (14K tonnes), together comprising 57% of global production. These countries were followed by Australia, China, France, Hungary, Croatia, Germany, the UK, Slovakia and Austria, which together accounted for a further 36%.

What are the leading suppliers of poppy seed to Switzerland?

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In value terms, the largest poppy seed suppliers to Switzerland were the Czech Republic ($209K), Germany ($118K) and Turkey ($60K), with a combined 84% share of total imports. France, Austria, Russia and Denmark lagged somewhat behind, together comprising a further 13%.

What are the leading importers of poppy seed from Switzerland?

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In value terms, Germany ($144K) remains the key foreign market for poppy seed exports from Switzerland, comprising 87% of total exports. The second position in the ranking was occupied by the Netherlands ($19K), with a 12% share of total exports.

What is the average export price for poppy seed in Switzerland?

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In 2019, the average poppy seed export price amounted to $4,318 per tonne, rising by 22% against the previous year.

What is the average import price for poppy seed in Switzerland?

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In 2019, the average poppy seed import price amounted to $4,366 per tonne, rising by 2.1% against the previous year.