Switzerland: Animal Fats Market 2024

Animal Fats Market Size in Switzerland

After five years of growth, the Swiss animal fats market decreased by -22.7% to $X in 2021. Over the period under review, consumption, however, continues to indicate a remarkable increase. As a result, consumption reached the peak level of $X, and then declined rapidly in the following year.

Animal Fats Production in Switzerland

In value terms, animal fats production declined dramatically to $X in 2021 estimated in export price. In general, production, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 82%. As a result, production attained the peak level of $X, and then declined significantly in the following year.

Animal Fats Exports

Exports from Switzerland

In 2021, shipments abroad of animal fats and oils decreased by -83.5% to X kg, falling for the third year in a row after two years of growth. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 4,550% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, animal fats exports fell markedly to $X in 2021. Overall, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 11,171%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg), Austria (X kg) and Romania (X kg) were the main destinations of animal fats exports from Switzerland, together accounting for 98% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +97.7%), while the other leaders experienced a decline.

In value terms, the Netherlands ($X) emerged as the key foreign market for animal fats and oils exports from Switzerland, comprising 65% of total exports. The second position in the ranking was held by Austria ($X), with a 30% share of total exports. It was followed by Romania, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands totaled +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+101.2% per year) and Romania (-12.0% per year).

Export Prices by Country

The average animal fats export price stood at $X per ton in 2021, surging by 53% against the previous year. Overall, the export price, however, continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2017 an increase of 143%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Animal Fats Imports

Imports into Switzerland

In 2021, overseas purchases of animal fats and oils decreased by -37.3% to X tons, falling for the fourth consecutive year after six years of growth. In general, imports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2017 with an increase of 55% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, animal fats imports dropped to $X in 2021. Overall, imports, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2014 with an increase of 27%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and the UK (X tons) were the main suppliers of animal fats imports to Switzerland, together comprising 79% of total imports. Norway, Chile, France and China lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +168.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of animal fats and oils to Switzerland, comprising 49% of total imports. The second position in the ranking was held by the UK ($X), with a 21% share of total imports. It was followed by Norway, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+14.0% per year) and Norway (-6.3% per year).

Import Prices by Country

In 2021, the average animal fats import price amounted to $X per ton, growing by 43% against the previous year. In general, the import price, however, showed a slight curtailment. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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