Switzerland: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in Switzerland

The Swiss frozen yellowfin tuna market declined remarkably to $X in 2020, which is down by -X% 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). Over the period under review, consumption recorded a pronounced descent. The growth pace was the most rapid in 2015 when the market value increased by X% year-to-year. Frozen yellowfin tuna consumption peaked at $X in 2019, and then contracted sharply in the following year.

Frozen Yellowfin Tuna Exports

Exports from Switzerland

In 2020, overseas shipments of frozen yellowfin tuna decreased by X% to X tons, falling for the second consecutive year after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. Exports peaked at X tons in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, frozen yellowfin tuna exports amounted to $X in 2020. In general, exports showed a dramatic descent. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Luxembourg (X tons) was the main destination for frozen yellowfin tuna exports from Switzerland, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Luxembourg was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Luxembourg was relatively modest.

Export Prices by Country

In 2020, the average frozen yellowfin tuna export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price recorded a dramatic contraction. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2007 to 2020, the rate of growth in terms of prices for Luxembourg amounted to X% per year.

Frozen Yellowfin Tuna Imports

Imports into Switzerland

In 2020, the amount of frozen yellowfin tuna imported into Switzerland fell dramatically to X tons, reducing by -X% compared with the year before. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at X tons in 2019, and then contracted sharply in the following year.

In value terms, frozen yellowfin tuna imports shrank remarkably to $X in 2020. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019, and then fell rapidly in the following year.

Imports by Country

In 2020, Italy (X tons) constituted the largest frozen yellowfin tuna supplier to Switzerland, with a X% share of total imports. Moreover, frozen yellowfin tuna imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and the Netherlands (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of frozen yellowfin tuna to Switzerland, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2020, the average frozen yellowfin tuna import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton. from 2013 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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