Switzerland: Market for Sunflower-Seed And Safflower Oil 2024

Market Size for Sunflower-Seed And Safflower Oil in Switzerland

The Swiss sunflower-seed and safflower oil market skyrocketed to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Sunflower-Seed And Safflower Oil in Switzerland

In value terms, sunflower-seed and safflower oil production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Sunflower-seed and safflower oil production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Exports of Sunflower-Seed And Safflower Oil

Exports from Switzerland

In 2022, overseas shipments of sunflower-seed and safflower oil increased by X% to X tons, rising for the fourth year in a row after three years of decline. Overall, exports, however, saw a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sunflower-seed and safflower oil exports surged to $X in 2022. In general, exports, however, showed a deep reduction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for sunflower-seed and safflower oil exports from Switzerland, with a X% share of total exports. Moreover, sunflower-seed and safflower oil exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by Portugal (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Portugal (X% per year).

In value terms, Germany ($X), France ($X) and Poland ($X) appeared to be the largest markets for sunflower-seed and safflower oil exported from Switzerland worldwide, with a combined X% share of total exports.

France, with a CAGR of X%, recorded the highest growth rate of 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 sunflower-seed and safflower oil export price stood at $X per ton in 2022, rising by X% against the previous year. In general, export price indicated a mild expansion 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, sunflower-seed and safflower oil export price increased by X% against 2020 indices. The export price peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Hungary ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sunflower-Seed And Safflower Oil

Imports into Switzerland

In 2022, sunflower-seed and safflower oil imports into Switzerland totaled X tons, picking up by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, sunflower-seed and safflower oil imports surged to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value 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, imports increased by X% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Mozambique (X tons) constituted the largest sunflower-seed and safflower oil supplier to Switzerland, accounting for a X% share of total imports. Moreover, sunflower-seed and safflower oil imports from Mozambique exceeded the figures recorded by the second-largest supplier, Uganda (X tons), twofold. Tanzania (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Mozambique amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uganda (X% per year) and Tanzania (X% per year).

In value terms, Mozambique ($X) constituted the largest supplier of sunflower-seed and safflower oil to Switzerland, comprising X% of total imports. The second position in the ranking was taken by Uganda ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Mozambique amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uganda (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the average sunflower-seed and safflower oil import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, import price indicated a slight 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, sunflower-seed and safflower oil import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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