Switzerland: Nuts Market 2024

Nuts Market Size in Switzerland

After three years of growth, the Swiss nuts market decreased by X% to $X in 2022. In general, consumption continues to indicate a mild descent. Nuts consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Nuts Production in Switzerland

In value terms, nuts production contracted modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Nuts production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of nuts in Switzerland fell to X tons per ha in 2022, remaining constant against 2021. Over the period under review, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the average nuts yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of nuts production in Switzerland amounted to X ha, increasing by X% on the previous year. In general, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The nuts harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Nuts Exports

Exports from Switzerland

In 2022, shipments abroad of nuts decreased by X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports saw a pronounced downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nuts exports contracted remarkably to $X in 2022. In general, exports recorded a perceptible contraction. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main destinations of nuts exports from Switzerland, together accounting for X% of total exports. The Netherlands, Belgium, Russia and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Germany ($X) remains the key foreign market for nuts exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average nuts export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nuts export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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 Russia ($X per ton), while the average price for exports to the United States ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Switzerland

After three years of growth, supplies from abroad of nuts decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, nuts imports shrank notably to $X in 2022. Overall, imports saw a mild curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), France (X tons) and the United States (X tons) were the main suppliers of nuts imports to Switzerland, with a combined X% share of total imports. Spain, South Africa, Iran, Turkey, Germany and Portugal lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of nuts to Switzerland, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United States (X% per year).

Import Prices by Country

The average nuts import price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price saw a pronounced decline. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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