Switzerland: Prepared Mustard Market 2024

Prepared Mustard Market Size in Switzerland

The Swiss prepared mustard market was estimated at $X in 2021, growing by 6.8% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +84.9% against 2012 indices. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Prepared Mustard Production in Switzerland

In value terms, prepared mustard production dropped slightly to $X in 2021 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.5% against 2017 indices. The pace of growth was the most pronounced in 2014 with an increase of 28%. Prepared mustard production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Prepared Mustard Exports

Exports from Switzerland

In 2021, approx. X tons of prepared mustard were exported from Switzerland; which is down by -58.6% against 2020. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared mustard exports reduced markedly to $X in 2021. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 27%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for prepared mustard exports from Switzerland, accounting for a 74% share of total exports. Moreover, prepared mustard exports to France exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was taken by Italy (X tons), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.8% per year) and Italy (-0.8% per year).

In value terms, France ($X) emerged as the key foreign market for prepared mustard exports from Switzerland, comprising 54% of total exports. The second position in the ranking was held by Germany ($X), with a 26% share of total exports. It was followed by Italy, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.5% per year) and Italy (-8.6% per year).

Export Prices by Country

In 2021, the average prepared mustard export price amounted to $X per ton, rising by 1.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 17%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into Switzerland

In 2021, supplies from abroad of prepared mustard increased by 12% to X tons, rising for the fourth year in a row after four years of decline. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +91.3% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 37%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, prepared mustard imports skyrocketed to $X in 2021. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +110.9% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 43% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, France (X tons) constituted the largest prepared mustard supplier to Switzerland, with a 47% share of total imports. Moreover, prepared mustard imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Poland (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.4% per year) and Poland (+22.5% per year).

In value terms, France ($X) constituted the largest supplier of prepared mustard to Switzerland, comprising 56% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports. It was followed by Poland, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.1% per year) and Poland (+23.9% per year).

Import Prices by Country

In 2021, the average prepared mustard import price amounted to $X per ton, with an increase of 5.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 6.1%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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