Switzerland: Coffee Extract Market 2024

Coffee Extract Market Size in Switzerland

In 2021, the Swiss coffee extract market increased by 5% to $X, rising for the second year in a row after five years of decline. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Coffee Extract Production in Switzerland

In value terms, coffee extract production fell slightly to $X in 2021 estimated in export price. Overall, production showed a mild downturn. The pace of growth appeared the most rapid in 2014 when the production volume increased by 23% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Coffee Extract Exports

Exports from Switzerland

In 2021, overseas shipments of coffee extracts, essences and concentrates decreased by -0.3% to X tons for the first time since 2015, thus ending a five-year rising trend. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 9.3% against the previous year. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, coffee extract exports declined slightly to $X in 2021. Over the period under review, exports showed a noticeable descent. The growth pace was the most rapid in 2017 with an increase of 15% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Russia (X tons) and Turkey (X tons) were the main destinations of coffee extract exports from Switzerland, together accounting for 53% of total exports. These countries were followed by Sweden, Ukraine, the Czech Republic, France, Italy, South Africa, Finland, the United Arab Emirates, the UK and Australia, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +74.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coffee extract exported from Switzerland were Germany ($X), Russia ($X) and Sweden ($X), with a combined 52% share of total exports. These countries were followed by Turkey, Ukraine, France, Italy, the Czech Republic, South Africa, Finland, the UK, the United Arab Emirates and Australia, which together accounted for a further 31%.

South Africa, with a CAGR of +61.2%, 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

The average coffee extract export price stood at $X per ton in 2021, dropping by -2.2% against the previous year. Overall, the export price saw a pronounced reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 5.6% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to the United Arab Emirates ($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 Italy (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.

Coffee Extract Imports

Imports into Switzerland

For the third consecutive year, Switzerland recorded growth in purchases abroad of coffee extracts, essences and concentrates, which increased by 17% to X tons in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +106.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 32% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, coffee extract imports expanded rapidly to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 41% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons) and Portugal (X tons) were the main suppliers of coffee extract imports to Switzerland, together comprising 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +73.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coffee extract suppliers to Switzerland were Germany ($X), France ($X) and the UK ($X), with a combined 66% share of total imports. These countries were followed by Portugal, Spain, the Netherlands and Italy, which together accounted for a further 24%.

Portugal, with a CAGR of +62.7%, saw the highest growth rate of 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

In 2021, the average coffee extract import price amounted to $X per ton, shrinking by -3.4% against the previous year. Over the period under review, the import price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2016 an increase of 11% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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