Switzerland: Market for Fish Fillets and Other Fish Meat 2024

Market Size for Fish Fillets and Other Fish Meat in Switzerland

In 2022, the Swiss market for fish fillets and other fish meat increased by 5.2% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Exports of Fish Fillets and Other Fish Meat

Exports from Switzerland

In 2022, shipments abroad of fish fillets and other fish meat decreased by -4.8% to X tons, falling for the second consecutive year after four years of growth. Overall, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 77% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fish fillets and other fish meat stood at $X in 2022. In general, exports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2013 with an increase of 173% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for exports of fish fillets and other fish meat from Switzerland, accounting for a 59% share of total exports. Moreover, exports of fish fillets and other fish meat to Germany exceeded the volume sent to the second major destination, France (X tons), fourfold. Denmark (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+17.9% per year) and Denmark (+14.8% per year).

In value terms, Germany ($X), France ($X) and Denmark ($X) were the largest markets for fish fillets and other fish meat exported from Switzerland worldwide, with a combined 77% share of total exports. The Netherlands and Norway lagged somewhat behind, together comprising a further 20%.

The Netherlands, with a CAGR of +32.7%, saw the highest growth rate of 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 2022, the average export price for fish fillets and other fish meat amounted to $X per ton, with an increase of 5.7% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets and other fish meat increased by +23.7% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 54% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, 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 Norway ($X per ton), while the average price for exports to Germany ($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 the UK (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets and Other Fish Meat

Imports into Switzerland

In 2022, imports of fish fillets and other fish meat into Switzerland dropped modestly to X tons, leveling off at the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 8.8% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of fish fillets and other fish meat rose markedly to $X in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 14%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Vietnam (X tons) and Norway (X tons) were the main suppliers of imports of fish fillets and other fish meat to Switzerland, together comprising 43% of total imports. France, Germany, Denmark, Iceland, Russia, Faroe Islands, Italy, Estonia, China and the Philippines lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the biggest increases were recorded for Faroe Islands (with a CAGR of +22.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fish fillets and other fish meat suppliers to Switzerland were the Netherlands ($X), Norway ($X) and France ($X), together accounting for 41% of total imports. Vietnam, Denmark, Germany, Iceland, the Philippines, Faroe Islands, Estonia, Italy, Russia and China lagged somewhat behind, together accounting for a further 41%.

Among the main suppliers, Faroe Islands, with a CAGR of +24.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for fish fillets and other fish meat stood at $X per ton in 2022, with an increase of 6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2017 when the average import price increased by 9%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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