Switzerland: Preserved Beef Market 2024

Preserved Beef Market Size in Switzerland

In 2021, the Swiss preserved beef market decreased by -33.3% to $X, falling for the third year in a row after two years of growth. Overall, consumption recorded a abrupt downturn. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Preserved Beef Production in Switzerland

In value terms, preserved beef production reached $X in 2021 estimated in export price. Over the period under review, production, however, recorded a mild slump. The pace of growth was the most pronounced in 2018 with an increase of 43%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Preserved Beef Exports

Exports from Switzerland

In 2021, exports of beef and veal (salted, in brine, dried or smoked) from Switzerland skyrocketed to X tons, increasing by 25% on the previous year's figure. The total export volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved beef exports surged to $X in 2021. The total export value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for preserved beef exports from Switzerland, accounting for a 92% share of total exports. Moreover, preserved beef exports to France exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to France totaled +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+94.1% per year) and Germany (-21.6% per year).

In value terms, France ($X) remains the key foreign market for beef and veal (salted, in brine, dried or smoked) exports from Switzerland, comprising 92% of total exports. The second position in the ranking was held by Italy ($X), with a 4.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France amounted to +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+94.1% per year) and Germany (-20.7% per year).

Export Prices by Country

The average preserved beef export price stood at $X per ton in 2021, increasing by 2.4% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 4% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($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 Germany (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Beef Imports

Imports into Switzerland

In 2021, after two years of decline, there was significant growth in overseas purchases of beef and veal (salted, in brine, dried or smoked), when their volume increased by 28% to X tons. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 30%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, preserved beef imports skyrocketed to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +29.2% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest preserved beef supplier to Switzerland, with a 83% share of total imports. Moreover, preserved beef imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), ninefold. France (X tons) ranked third in terms of total imports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+82.5% per year) and France (+7.4% per year).

In value terms, Italy ($X) constituted the largest supplier of beef and veal (salted, in brine, dried or smoked) to Switzerland, comprising 80% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by France, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+82.2% per year) and France (+9.7% per year).

Import Prices by Country

The average preserved beef import price stood at $X per ton in 2021, rising by 4.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.4% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and France ($X per ton), while the price for Brazil ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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