Switzerland: Cereal Germ Market 2024

Cereal Germ Market Size in Switzerland

In 2021, the Swiss cereal germ market decreased by -0.3% to $X, falling for the third consecutive year after four years of growth. The market value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Cereal germ consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Cereal Germ Production in Switzerland

In value terms, cereal germ production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 18% against the previous year. Cereal germ production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Cereal Germ Exports

Exports from Switzerland

In 2021, exports of cereal germ from Switzerland declined significantly to X tons, reducing by -87.6% compared with 2020. In general, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2020 when exports increased by 47%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cereal germ exports declined remarkably to $X in 2021. Overall, exports faced a sharp slump. The pace of growth appeared the most rapid in 2018 when exports increased by 37% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for cereal germ exports from Switzerland, with a 86% share of total exports. Moreover, cereal germ exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to -9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+20.3% per year) and the United States (+48.8% per year).

In value terms, Germany ($X) remains the key foreign market for cereal germ exports from Switzerland, comprising 79% of total exports. The second position in the ranking was taken by the United States ($X), with an 8.2% share of total exports. It was followed by Italy, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+61.2% per year) and Italy (+16.8% per year).

Export Prices by Country

In 2021, the average cereal germ export price amounted to $X per ton, which is down by -4.5% against the previous year. In general, the export price saw a mild curtailment. The growth pace was the most rapid in 2017 an increase of 13% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 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 United States ($X per ton), while the average price for exports to Germany ($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 Lithuania (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Germ Imports

Imports into Switzerland

After three years of growth, overseas purchases of cereal germ decreased by -45.6% to X tons in 2021. Over the period under review, imports recorded a mild slump. The pace of growth appeared the most rapid in 2016 when imports increased by 40% against the previous year. Imports peaked at X tons in 2020, and then dropped notably in the following year.

In value terms, cereal germ imports dropped sharply to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 55% against the previous year. Imports peaked at $X in 2020, and then fell rapidly in the following year.

Imports by Country

Hungary (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of cereal germ imports to Switzerland, together comprising 87% of total imports. These countries were followed by the Netherlands, Austria and France, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +226.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Austria ($X) constituted the largest cereal germ suppliers to Switzerland, together comprising 73% of total imports. These countries were followed by Hungary, the Netherlands and France, which together accounted for a further 23%.

The Netherlands, with a CAGR of +229.8%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 cereal germ import price stood at $X per ton in 2021, increasing by 8.1% against the previous year. Over the period under review, the import price continues to indicate a slight increase. The growth pace was the most rapid in 2020 an increase of 11% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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