Switzerland: Preserved Pork Market 2021

Preserved Pork Market Size in Switzerland

The Swiss preserved pork market totaled $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level in 2020 and is expected to retain growth in years to come.

Preserved Pork Production in Switzerland

In value terms, preserved pork production reached $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level in 2020 and is likely to see steady growth in the near future.

Preserved Pork Exports

Exports from Switzerland

In 2020, the amount of pig meat salted (salted, in brine, dried or smoked) exported from Switzerland declined markedly to X tons, which is down by -X% compared with 2019 figures. Over the period under review, exports, however, posted a perceptible expansion. The growth pace was the most rapid in 2019 when exports increased by X% year-to-year. Exports peaked at X tons in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, preserved pork exports soared to $X in 2020. Overall, exports, however, posted a strong increase. The growth pace was the most rapid in 2019 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2020 and are likely to see gradual growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for preserved pork exports from Switzerland, with a X% share of total exports. Moreover, preserved pork exports to Russia exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Austria (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Austria (+X% per year).

In value terms, Russia ($X) remains the key foreign market for preserved pork exports from Switzerland, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Russia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Austria (+X% per year).

Export Prices by Country

The average preserved pork export price stood at $X per ton in 2020, growing by X% against the previous year. Overall, the export price recorded resilient growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced mixed trend patterns.

Preserved Pork Imports

Imports into Switzerland

In 2020, purchases abroad of pig meat salted (salted, in brine, dried or smoked) increased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, preserved pork imports expanded rapidly to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Italy (X tons) constituted the largest supplier of preserved pork to Switzerland, with a X% share of total imports. Moreover, preserved pork imports from Italy 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 X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Spain (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average preserved pork import price stood at $X per ton in 2020, surging by X% against the previous year. Over the period from 2007 to 2020, 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, average import prices reached the peak figure at $X per ton in 2014; afterwards, it flattened through to 2020.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2007 to 2020, 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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