Switzerland: Perfume Market 2025

Perfume Market Size in Switzerland

The Swiss perfume market declined rapidly to $X in 2022, which is down by -60.6% against the previous year. Overall, consumption, however, saw a tangible increase. Perfume consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Perfume Production in Switzerland

In value terms, perfume production fell notably to $X in 2022 estimated in export price. In general, production recorded a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by 47% against the previous year. Perfume production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Perfume Exports

Exports from Switzerland

In 2022, overseas shipments of perfumes and toilet waters increased by 12% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 37%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, perfume exports surged to $X in 2022. In general, exports, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for perfume exports from Switzerland, accounting for a 33% share of total exports. Moreover, perfume exports to Belgium exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium stood at -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+104.7% per year) and the United States (-5.1% per year).

In value terms, Belgium ($X), the United States ($X) and the Czech Republic ($X) constituted the largest markets for perfume exported from Switzerland worldwide, with a combined 45% share of total exports. The United Arab Emirates, Germany, France, Spain, Poland, the UK and Singapore lagged somewhat behind, together comprising a further 38%.

Poland, with a CAGR of +85.4%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average perfume export price amounted to $X per ton, with an increase of 4.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 12%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Poland ($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 the United States (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Perfume Imports

Imports into Switzerland

After two years of growth, supplies from abroad of perfumes and toilet waters decreased by -21.8% to X tons in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, perfume imports expanded to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of perfume to Switzerland, accounting for a 39% share of total imports. Moreover, perfume imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.3% per year) and Spain (-3.3% per year).

In value terms, France ($X) constituted the largest supplier of perfumes and toilet waters to Switzerland, comprising 53% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by Spain, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.1% per year) and Spain (+4.5% per year).

Import Prices by Country

In 2022, the average perfume import price amounted to $X per ton, increasing by 31% against the previous year. Overall, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 60%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 China (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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