Switzerland: Ghee Market 2025

Ghee Market Size in Switzerland

For the third consecutive year, the Swiss ghee market recorded growth in sales value, which increased by 147% to $X in 2022. Over the period under review, consumption showed a significant expansion. Ghee consumption peaked in 2022 and is expected to retain growth in years to come.

Ghee Production in Switzerland

In value terms, ghee production reached $X in 2022 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.4% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 35% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Ghee Exports

Exports from Switzerland

In 2022, the amount of ghee exported from Switzerland declined significantly to X tons, which is down by -31.6% compared with the previous year's figure. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 121% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ghee exports reduced remarkably to $X in 2022. Overall, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by 63%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons), France (X tons) and Japan (X kg) were the main destinations of ghee exports from Switzerland, together comprising 65% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +83.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ghee exported from Switzerland were France ($X), Indonesia ($X) and Japan ($X), together comprising 66% of total exports.

France, with a CAGR of +103.9%, saw the highest growth rate of the value of exports, among 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

The average ghee export price stood at $X per ton in 2022, which is down by -4% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 58% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Singapore ($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 France (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ghee Imports

Imports into Switzerland

In 2022, purchases abroad of ghee increased by 108% to X tons, rising for the sixth consecutive year after two years of decline. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 163%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, ghee imports skyrocketed to $X in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of ghee to Switzerland, with a 69% share of total imports. Moreover, ghee imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to +72.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+49.1% per year) and Belgium (+30.3% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of ghee to Switzerland, comprising 65% of total imports. The second position in the ranking was held by Germany ($X), with a 30% share of total imports. It was followed by Belgium, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +77.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+40.6% per year) and Belgium (+25.7% per year).

Import Prices by Country

The average ghee import price stood at $X per ton in 2022, jumping by 29% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($X per ton) and Germany ($X per ton), while the price for France ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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