Switzerland: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Switzerland

For the third year in a row, the Swiss market for frozen, dried and smoked fish recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Production of Frozen, Dried And Smoked Fish in Switzerland

In value terms, frozen, dried and smoked fish production surged to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Frozen, dried and smoked fish production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Frozen, Dried And Smoked Fish

Exports from Switzerland

In 2022, approx. X tons of frozen, dried and smoked fish were exported from Switzerland; jumping by X% on the previous year. In general, exports, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen, dried and smoked fish exports expanded markedly to $X in 2022. Over the period under review, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for frozen, dried and smoked fish exports from Switzerland, accounting for a X% share of total exports. Moreover, frozen, dried and smoked fish exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), threefold. India (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and India (X% per year).

In value terms, Germany ($X) remains the key foreign market for frozen, dried and smoked fish exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and France (X% per year).

Export Prices by Country

The average export price for frozen, dried and smoked fish stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the Netherlands ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Switzerland

For the third consecutive year, Switzerland recorded growth in supplies from abroad of frozen, dried and smoked fish, which increased by X% to X tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen, dried and smoked fish imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Vietnam (X tons), Norway (X tons) and the Netherlands (X tons) were the main suppliers of frozen, dried and smoked fish imports to Switzerland, together accounting for X% of total imports. Portugal, Denmark, the United States, Germany, France, Poland, China, Russia, India and Faroe Islands lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest frozen, dried and smoked fish suppliers to Switzerland were Vietnam ($X), Norway ($X) and the Netherlands ($X), together comprising X% of total imports. France, Denmark, the United States, Poland, Germany, Portugal, Faroe Islands, Russia, China and India lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Faroe Islands, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average import price for frozen, dried and smoked fish amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue 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 France ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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