Switzerland: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Switzerland

The Swiss breakfast cereal market expanded remarkably to $X in 2021, increasing by X% against the previous year. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2013 indices. Breakfast cereal consumption peaked in 2021 and is likely to continue growth in the near future.

Breakfast Cereal Production in Switzerland

In value terms, breakfast cereal production reduced slightly to $X in 2021 estimated in export price. In general, production showed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020, and then fell slightly in the following year.

Breakfast Cereal Exports

Exports from Switzerland

In 2021, shipments abroad of breakfast cereals increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, breakfast cereal exports amounted to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), the UK (X tons) and Italy (X tons) were the main destinations of breakfast cereal exports from Switzerland, with a combined X% share of total exports. France, the Netherlands, Spain, Belgium, Austria, the United States, South Korea, Romania and Finland lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Romania (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and the Netherlands ($X) constituted the largest markets for breakfast cereal exported from Switzerland worldwide, with a combined X% share of total exports. These countries were followed by Italy, the United States, Austria, France, Belgium, Spain, Romania, South Korea and Finland, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2021, the average breakfast cereal export price amounted to $X per ton, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by the country of destination: the country with the highest price was Romania ($X per ton), while the average price for exports to Spain ($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 (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Breakfast Cereal Imports

Imports into Switzerland

In 2021, overseas purchases of breakfast cereals decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports showed a pronounced setback. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, breakfast cereal imports expanded remarkably to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest breakfast cereal supplier to Switzerland, with a X% share of total imports. Moreover, breakfast cereal imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and France (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of breakfast cereal to Switzerland, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with an X% share of total imports. It was followed by Belgium, with a X% share.

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

Import Prices by Country

The average breakfast cereal import price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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