Switzerland: Olive Market 2025

Olive Market Size in Switzerland

In 2022, after two years of growth, there was significant decline in the Swiss olive market, when its value decreased by -13.7% to $X. In general, consumption, however, enjoyed a moderate expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank in the following year.

Olive Exports

Exports from Switzerland

In 2022, exports of olives from Switzerland skyrocketed to X kg, rising by 1,180% compared with the year before. Over the period under review, exports posted strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by 4,318%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, olive exports skyrocketed to $X in 2022. Overall, exports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2015 with an increase of 8,205%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for olive exports from Switzerland, accounting for a 86% share of total exports. Moreover, olive exports to France exceeded the volume sent to the second major destination, Austria (X kg), tenfold.

From 2012 to 2022, the average annual growth rate of volume to France stood at +49.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-15.2% per year) and Croatia (+14.9% per year).

In value terms, France ($X), Croatia ($X) and Austria ($X) appeared to be the largest markets for olive exported from Switzerland worldwide, with a combined 99% share of total exports.

Croatia, with a CAGR of +71.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average olive export price amounted to $X per ton, increasing by 51% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to France ($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 Croatia (+49.4%), while the prices for the other major destinations experienced a decline.

Olive Imports

Imports into Switzerland

In 2022, after two years of growth, there was significant decline in purchases abroad of olives, when their volume decreased by -17.7% to X tons. Over the period under review, imports, however, showed a mild increase. The pace of growth appeared the most rapid in 2020 with an increase of 122% against the previous year. Imports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, olive imports reduced to $X in 2022. In general, imports, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2020 with an increase of 139%. Over the period under review, imports reached the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Turkey (X tons) were the main suppliers of olive imports to Switzerland, together accounting for 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +30.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and Spain ($X) appeared to be the largest olive suppliers to Switzerland, with a combined 93% share of total imports. Turkey and France lagged somewhat behind, together accounting for a further 4.2%.

Among the main suppliers, Turkey, with a CAGR of +33.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average olive import price stood at $X per ton in 2022, picking up by 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2014 an increase of 22% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average 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 France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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