Switzerland: Bacon And Ham Market 2024

Bacon And Ham Market Size in Switzerland

In 2022, after two years of growth, there was significant decline in the Swiss bacon and ham market, when its value decreased by -10.8% to $X. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Bacon And Ham Exports

Exports from Switzerland

In 2022, the amount of bacon, ham and other dried, salted or smoked pig meat exported from Switzerland skyrocketed to X tons, jumping by 41% on 2021 figures. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 1,717%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, bacon and ham exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 1,315%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for bacon and ham exports from Switzerland, accounting for a 98% share of total exports. It was followed by France (X kg), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +29.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-24.7% per year) and Austria (-9.9% per year).

In value terms, Germany ($X) remains the key foreign market for bacon, ham and other dried, salted or smoked pig meat exports from Switzerland, comprising 96% of total exports. The second position in the ranking was held by France ($X), with a 0.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +27.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-25.3% per year) and Austria (-4.1% per year).

Export Prices by Country

In 2022, the average bacon and ham export price amounted to $X per ton, with a decrease of -7.6% against the previous year. In general, the export price continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2013 an increase of 15%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average 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 Austria ($X per ton), while the average price for exports to Germany ($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 Austria (+6.4%), while the prices for the other major destinations experienced a decline.

Bacon And Ham Imports

Imports into Switzerland

After three years of growth, supplies from abroad of bacon, ham and other dried, salted or smoked pig meat decreased by -5.7% to X tons in 2022. The total import volume increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013 when imports increased by 13%. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, bacon and ham imports reduced to $X in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest bacon and ham supplier to Switzerland, with a 63% share of total imports. Moreover, bacon and ham imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.6% per year) and Spain (+2.0% per year).

In value terms, Italy ($X) constituted the largest supplier of bacon, ham and other dried, salted or smoked pig meat to Switzerland, comprising 71% of total imports. The second position in the ranking was held by Spain ($X), with a 12% share of total imports. It was followed by Germany, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+0.4% per year) and Germany (-2.9% per year).

Import Prices by Country

The average bacon and ham import price stood at $X per ton in 2022, remaining stable against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 5.9%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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