Switzerland: Dried Prune Market 2024

Dried Prune Market Size in Switzerland

The Swiss dried prune market rose markedly to $X in 2022, with an increase of 12% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Dried Prune Production in Switzerland

In value terms, dried prune production expanded rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 60%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Dried Prune Exports

Exports from Switzerland

In 2022, overseas shipments of dried prunes decreased by -63.4% to X tons, falling for the second year in a row after nine years of growth. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by 149%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, dried prune exports contracted slightly to $X in 2022. In general, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by 126%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X tons) was the main destination for dried prune exports from Switzerland, accounting for a 44% share of total exports. Moreover, dried prune exports to Bulgaria exceeded the volume sent to the second major destination, Ireland (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (0.0% per year) and Bahrain (+20.1% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for dried prunes exports from Switzerland, comprising 42% of total exports. The second position in the ranking was held by Ireland ($X), with a 5.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bulgaria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (0.0% per year) and Bahrain (+21.8% per year).

Export Prices by Country

In 2022, the average dried prune export price amounted to $X per ton, picking up by 172% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Bulgaria ($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 Estonia (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Dried Prune Imports

Imports into Switzerland

In 2022, the amount of dried prunes imported into Switzerland rose modestly to X tons, growing by 3.6% on the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 128%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, dried prune imports soared to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.2% against 2015 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 113% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), France (X tons) and Chile (X tons) were the main suppliers of dried prune imports to Switzerland, with a combined 87% share of total imports. South Africa, the Netherlands, Bulgaria, Morocco and Germany lagged somewhat behind, together comprising a further 10%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +196.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Chile ($X) were the largest dried prune suppliers to Switzerland, together accounting for 86% of total imports. South Africa, the Netherlands, Bulgaria, Germany and Morocco lagged somewhat behind, together comprising a further 11%.

Bulgaria, with a CAGR of +203.1%, saw the highest growth rate of the value of imports, among 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 dried prune import price stood at $X per ton in 2022, increasing by 15% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried prune import price increased by +44.8% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 35%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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