Switzerland: Cream Fresh Market 2024

Cream Fresh Market Size in Switzerland

The Swiss cream fresh market expanded to $X in 2022, growing by 2.1% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Cream fresh consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Cream Fresh Production in Switzerland

In value terms, cream fresh production rose modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 49% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Cream Fresh Exports

Exports from Switzerland

After two years of decline, shipments abroad of cream fresh increased by 5.1% to X tons in 2022. In general, exports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2015 with an increase of 154%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, cream fresh exports expanded slightly to $X in 2022. Overall, exports, however, showed a perceptible setback. The growth pace was the most rapid in 2015 when exports increased by 34%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Belgium (X tons) and France (X tons) were the main destinations of cream fresh exports from Switzerland, with a combined 93% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +45.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Belgium ($X) and France ($X) constituted the largest markets for cream fresh exported from Switzerland worldwide, with a combined 94% share of total exports.

Belgium, with a CAGR of +40.4%, 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 cream fresh export price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh export price increased by +78.0% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of 41%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 France ($X per ton), while the average price for exports to Austria ($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 France (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cream Fresh Imports

Imports into Switzerland

In 2022, the amount of cream fresh imported into Switzerland surged to X tons, rising by 27% on 2021 figures. Over the period under review, imports saw a modest expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cream fresh imports surged to $X in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Belgium (X tons) and Denmark (X tons) were the main suppliers of cream fresh imports to Switzerland, together accounting for 99% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +510.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest cream fresh suppliers to Switzerland were Italy ($X), Belgium ($X) and Denmark ($X), with a combined 100% share of total imports.

Denmark, with a CAGR of +670.3%, recorded 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 mixed trend patterns.

Import Prices by Country

In 2022, the average cream fresh import price amounted to $X per ton, rising by 2.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 7.1% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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