Switzerland: Fresh Fish Fillet Market 2024

Fresh Fish Fillet Market Size in Switzerland

The Swiss fresh fish fillet market expanded markedly to $X in 2021, growing by 6.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Fresh fish fillet consumption peaked in 2021 and is likely to see steady growth in years to come.

Fresh Fish Fillet Exports

Exports from Switzerland

After two years of growth, shipments abroad of fresh or chilled fish fillets decreased by -41% to X tons in 2021. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 1,828%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, fresh fish fillet exports contracted slightly to $X in 2021. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,556%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for fresh fish fillet exports from Switzerland, with a 58% share of total exports. Moreover, fresh fish fillet exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was taken by France (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +34.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-17.5% per year) and France (-6.4% per year).

In value terms, the largest markets for fresh fish fillet exported from Switzerland were Germany ($X), the Netherlands ($X) and Norway ($X), with a combined 80% share of total exports.

Germany, with a CAGR of +27.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average fresh fish fillet export price amounted to $X per ton, picking up by 62% against the previous year. In general, the export price, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of 98%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+9.6%), while the prices for the other major destinations experienced a decline.

Fresh Fish Fillet Imports

Imports into Switzerland

In 2021, approx. X tons of fresh or chilled fish fillets were imported into Switzerland; standing approx. at 2020. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 5.8% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, fresh fish fillet imports reached $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 12% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

The Netherlands (X tons), France (X tons) and Norway (X tons) were the main suppliers of fresh fish fillet imports to Switzerland, with a combined 48% share of total imports. These countries were followed by Denmark, Germany, Iceland, Italy, the Philippines, Estonia, Sri Lanka, Maldives, the UK and Ireland, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +16.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh fish fillet suppliers to Switzerland were the Netherlands ($X), France ($X) and Norway ($X), with a combined 48% share of total imports. These countries were followed by Denmark, Germany, Iceland, the Philippines, Estonia, Italy, Maldives, Ireland, Sri Lanka and the UK, which together accounted for a further 45%.

In terms of the main suppliers, Germany, with a CAGR of +15.3%, recorded 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

In 2021, the average fresh fish fillet import price amounted to $X per ton, with an increase of 8.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2016 when the average import price increased by 9.2% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Italy ($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 (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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