Switzerland: Frozen Potato Market 2024

Frozen Potato Market Size in Switzerland

The Swiss frozen potato market expanded remarkably to $X in 2021, growing by 14% 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). Overall, consumption recorded a prominent expansion. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Frozen Potato Exports

Exports from Switzerland

For the fourth consecutive year, Switzerland recorded decline in shipments abroad of frozen potatoes, which decreased by -31.9% to X tons in 2021. Overall, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2017 when exports increased by 257% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, frozen potato exports shrank significantly to $X in 2021. Over the period under review, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 244%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Austria (X tons) was the main destination for frozen potato exports from Switzerland, accounting for a 97% share of total exports. It was followed by Malaysia (X tons), with a 2.1% share of total exports. The third position in this ranking was taken by Brunei Darussalam (X kg), with a 0.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria amounted to -13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-3.7% per year) and Brunei Darussalam (-29.5% per year).

In value terms, Austria ($X) emerged as the key foreign market for frozen potatoes exports from Switzerland, comprising 97% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 1% share of total exports. It was followed by Brunei Darussalam, with a 0.9% share.

From 2012 to 2021, the average annual growth rate of value to Austria stood at -16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+0.3% per year) and Brunei Darussalam (-19.3% per year).

Export Prices by Country

The average frozen potato export price stood at $X per ton in 2021, falling by -71.6% against the previous year. In general, the export price saw a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 225%. As a result, the export price reached the peak level of $X per ton, and then reduced markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($X per ton), while the average price for exports to Malaysia ($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 France (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Potato Imports

Imports into Switzerland

In 2021, the amount of frozen potatoes imported into Switzerland rose notably to X tons, increasing by 14% against the previous year. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +9.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -21.8% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of 80% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, frozen potato imports expanded sharply to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +9.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -6.9% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 103%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Austria (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of frozen potato imports to Switzerland, together comprising 76% of total imports. Belgium, Italy and France lagged somewhat behind, together comprising a further 22%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +36.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of frozen potatoes to Switzerland, comprising 44% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 19% share of total imports. It was followed by Germany, with an 18% share.

From 2012 to 2021, the average annual growth rate of value from Austria totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+15.5% per year) and Germany (+3.7% per year).

Import Prices by Country

In 2021, the average frozen potato import price amounted to $X per ton, falling by -1.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Belgium ($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 (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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