Switzerland: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Switzerland

In 2022, after two years of growth, there was decline in the Swiss tomato ketchup market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Tomato Ketchup Production in Switzerland

In value terms, tomato ketchup production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Tomato Ketchup Exports

Exports from Switzerland

In 2022, shipments abroad of tomato ketchup and tomato sauces was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, tomato ketchup exports surged to $X in 2022. In general, exports, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for tomato ketchup exports from Switzerland, accounting for a X% share of total exports. Moreover, tomato ketchup exports to Germany exceeded the volume sent to the second major destination, France (X tons), eightfold. Ukraine (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 Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Ukraine (X% per year).

In value terms, Germany ($X) remains the key foreign market for tomato ketchup and tomato sauces exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

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

Export Prices by Country

In 2022, the average tomato ketchup export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price recorded a slight descent. The pace of growth appeared the most rapid in 2014 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 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports

Imports into Switzerland

In 2022, supplies from abroad of tomato ketchup and tomato sauces increased by X% to X tons, rising for the fifth year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tomato ketchup imports fell modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell slightly in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest tomato ketchup supplier to Switzerland, with a X% share of total imports. Moreover, tomato ketchup imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.

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

In value terms, Italy ($X), the Netherlands ($X) and Germany ($X) were the largest tomato ketchup suppliers to Switzerland, with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tomato ketchup import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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