Switzerland: Lactose Market 2024

Lactose Market Size in Switzerland

The Swiss lactose market soared to $X in 2022, surging by 17% against the previous year. Over the period under review, consumption, however, showed a slight downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Lactose Production in Switzerland

In value terms, lactose production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt curtailment. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Lactose Exports

Exports from Switzerland

In 2022, lactose exports from Switzerland dropped remarkably to X tons, waning by -68.1% on 2021 figures. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 159% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lactose exports shrank rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a slight expansion. The growth pace was the most rapid in 2016 when exports increased by 163% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of lactose exports from Switzerland, together accounting for 81% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +55.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for lactose and lactose syrup exports from Switzerland, comprising 60% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by the Netherlands, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to +47.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.3% per year) and the Netherlands (+43.4% per year).

Export Prices by Country

The average lactose export price stood at $X per ton in 2022, rising by 151% against the previous year. Overall, the export price recorded a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to France ($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 Italy (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Lactose Imports

Imports into Switzerland

In 2022, overseas purchases of lactose and lactose syrup increased by 14% to X tons, rising for the second year in a row after two years of decline. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 51% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, lactose imports totaled $X in 2022. Over the period under review, imports, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2013 with an increase of 21% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), France (X tons) and Denmark (X tons) were the main suppliers of lactose imports to Switzerland, with a combined 96% share of total imports. Austria, the Netherlands and Italy lagged somewhat behind, together accounting for a further 2.6%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +30.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of lactose and lactose syrup to Switzerland, comprising 58% of total imports. The second position in the ranking was held by France ($X), with a 24% share of total imports. It was followed by Austria, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+9.1% per year) and Austria (+36.8% per year).

Import Prices by Country

The average lactose import price stood at $X per ton in 2022, approximately mirroring the previous year. In general, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Italy ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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