Switzerland: Pig Fat Market 2020

Pig Fat Market Size in Switzerland

The revenue of the pig fat market in Switzerland amounted to $X in 2018, growing by X% against the previous year. Over the period under review, pig fat consumption, however, continues to indicate a mild downturn. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. In that year, the pig fat market reached its peak level of $X. From 2009 to 2018, the growth of the pig fat market failed to regain its momentum.

Pig Fat Production in Switzerland

In value terms, pig fat production totaled $X in 2018 estimated in export prices. Over the period under review, pig fat production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when production volume increased by X% against the previous year. In that year, pig fat production attained its peak level of $X. From 2009 to 2018, pig fat production growth remained at a somewhat lower figure.

Pig Fat Exports

Exports from Switzerland

In 2018, the exports of pig fat from Switzerland stood at X tons, falling by -X% against the previous year. Over the period under review, pig fat exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at X tons in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, pig fat exports stood at $X in 2018. Over the period under review, pig fat exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Germany (X tons) was the main destination for pig fat exports from Switzerland, accounting for a X% share of total exports. Moreover, pig fat exports to Germany exceeded the volume sent to the second major destination, Russia (X tons), twofold. The third position in this ranking was occupied by Ukraine (X tons), with a X% share.

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

In value terms, the largest markets for pig fat exported from Switzerland were Germany ($X), Russia ($X) and Ukraine ($X), together comprising X% of total exports.

Germany recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pig fat export price stood at $X per ton in 2018, shrinking by -X% against the previous year. Overall, the export price indicated a moderate expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the average export prices for pig fat reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Russia ($X per ton), while the average price for exports to the Czech Republic ($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 Philippines, while the prices for the other major destinations experienced more modest paces of growth.

Pig Fat Imports

Imports into Switzerland

In 2018, the amount of pig fat imported into Switzerland totaled X tons, remaining stable against the previous year. Overall, pig fat imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, pig fat imports attained their peak of X tons. From 2009 to 2018, the growth of pig fat imports failed to regain its momentum.

In value terms, pig fat imports amounted to $X in 2018. In general, pig fat imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, pig fat imports attained their maximum at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Italy (X tons) constituted the largest supplier of pig fat to Switzerland, with a X% share of total imports. Moreover, pig fat imports from Italy exceeded the figures recorded by the second-largest supplier, Hungary (X tons), sevenfold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-X% per year) and Germany (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of pig fat to Switzerland, comprising X% of total pig fat imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-X% per year) and Germany (+X% per year).

Import Prices by Country

The average pig fat import price stood at $X per ton in 2018, coming down by -X% against the previous year. Overall, the pig fat import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. In that year, the average import prices for pig fat attained their peak level of $X per ton. From 2014 to 2018, the growth in terms of the average import prices for pig fat remained at a lower figure.

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

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

Source: IndexBox Platform

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