Switzerland: Milled Rice Market 2020

Milled Rice Market Size in Switzerland

The revenue of the milled rice market in Switzerland amounted to $X in 2018, increasing 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, milled rice consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the milled rice market attained its peak figure level at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Milled Rice Exports

Exports from Switzerland

In 2018, the exports of milled rice from Switzerland amounted to X tons, shrinking by -X% against the previous year. Overall, milled rice exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. In that year, milled rice exports attained their peak of X tons. From 2015 to 2018, the growth of milled rice exports remained at a somewhat lower figure.

In value terms, milled rice exports stood at $X in 2018. In general, milled rice exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Over the period under review, milled rice exports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

Benin (X tons) was the main destination for milled rice exports from Switzerland, accounting for a X% share of total exports. Moreover, milled rice exports to Benin exceeded the volume sent to the second major destination, Mozambique (X tons), fourfold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Benin amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+X% per year) and Germany (+X% per year).

In value terms, the largest markets for milled rice exported from Switzerland were Benin ($X), Germany ($X) and Gambia ($X), together comprising X% of total exports. Italy, Mozambique, Kiribati, the Netherlands, Zambia, Thailand, Micronesia (Federated States of) and Madagascar lagged somewhat behind, together comprising a further X the main countries of destination, the Netherlands (+X% per year) recorded the highest rates of growth with regard to market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, shrinking by -X% against the previous year. In general, the milled rice export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, the average export prices for milled rice attained their maximum at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Gambia ($X per ton), while the average price for exports to Micronesia (Federated States of) ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Switzerland

Milled rice imports into Switzerland totaled X tons in 2018, rising by X% against the previous year. In general, milled rice imports, however, continue to indicate a mild descent. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, milled rice imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, milled rice imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

Brazil (X tons), Thailand (X tons) and Egypt (X tons) were the main suppliers of milled rice imports to Switzerland, with a combined X% share of total imports. Italy, India, Belgium and Russia lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Russia, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice suppliers to Switzerland were Thailand ($X), Italy ($X) and India ($X), together comprising X% of total imports. These countries were followed by Egypt, Brazil, Belgium and Russia, which together accounted for a further X recorded the highest growth rate of market size, in terms of the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average milled rice import price stood at $X per ton in 2018, going up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, the average import prices for milled rice reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform