Switzerland: Market for Preparations Used In Animal Feeding 2024

Market Size for Preparations Used In Animal Feeding in Switzerland

The Swiss preparations for animal feeding market reduced modestly to $X in 2022, which is down by -4.5% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Preparations for animal feeding consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Preparations Used In Animal Feeding in Switzerland

In value terms, preparations for animal feeding production declined to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 32% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Preparations Used In Animal Feeding

Exports from Switzerland

For the sixth consecutive year, Switzerland recorded growth in shipments abroad of preparations used in animal feeding, which increased by 1.6% to X tons in 2022. The total export volume increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 13%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, preparations for animal feeding exports declined slightly to $X in 2022. The total export value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 16% against the previous year. The exports peaked at $X in 2021, and then shrank slightly in the following year.

Exports by Country

Germany (X tons) was the main destination for preparations for animal feeding exports from Switzerland, accounting for a 77% share of total exports. Moreover, preparations for animal feeding exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. France (X tons) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+4.2% per year) and France (-1.6% per year).

In value terms, Germany ($X) remains the key foreign market for preparations used in animal feeding exports from Switzerland, comprising 67% of total exports. The second position in the ranking was taken by Italy ($X), with a 6.8% share of total exports. It was followed by Hungary, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+4.4% per year) and Hungary (+61.4% per year).

Export Prices by Country

The average preparations for animal feeding export price stood at $X per ton in 2022, declining by -2.9% against the previous year. In general, the export price showed a mild reduction. The most prominent rate of growth was recorded in 2021 an increase of 4.6%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the 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 Hungary ($X per ton), while the average price for exports to Spain ($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 Netherlands (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Preparations Used In Animal Feeding

Imports into Switzerland

In 2022, the amount of preparations used in animal feeding imported into Switzerland totaled X tons, surging by 4.5% on 2021 figures. The total import volume increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, preparations for animal feeding imports rose rapidly to $X in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.1% against 2016 indices. The pace of growth was the most pronounced in 2020 when imports increased by 18% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest preparations for animal feeding supplier to Switzerland, with a 45% share of total imports. Moreover, preparations for animal feeding imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Austria (X tons) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.6% per year) and Austria (+4.1% per year).

In value terms, Germany ($X) constituted the largest supplier of preparations used in animal feeding to Switzerland, comprising 46% of total imports. The second position in the ranking was held by France ($X), with an 11% share of total imports. It was followed by Austria, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-0.1% per year) and Austria (+8.6% per year).

Import Prices by Country

The average preparations for animal feeding import price stood at $X per ton in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 16% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 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 the UK ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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