Switzerland: Market for Rusks, Toasted Bread and Similar Toasted Products 2024

Market Size for Rusks, Toasted Bread and Similar Toasted Products in Switzerland

In 2021, after five years of growth, there was decline in the Swiss rusks and toasted bread market, when its value decreased by -3.9% to $X. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then fell modestly in the following year.

Production of Rusks, Toasted Bread and Similar Toasted Products in Switzerland

In value terms, rusks and toasted bread production dropped modestly to $X in 2021 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +43.7% against 2015 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 23%. Over the period under review, production reached the peak level at $X in 2020, and then declined modestly in the following year.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports from Switzerland

In 2021, the amount of rusks, toasted bread and similar toasted products exported from Switzerland expanded significantly to X tons, with an increase of 11% compared with 2020 figures. Over the period under review, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -9.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 50%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, rusks and toasted bread exports expanded slightly to $X in 2021. The total export value increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by 30%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for rusks and toasted bread exports from Switzerland, accounting for a 80% share of total exports. Moreover, rusks and toasted bread exports to France exceeded the volume sent to the second major destination, Spain (X tons), ninefold. The third position in this ranking was held by Luxembourg (X tons), with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+33.8% per year) and Luxembourg (-2.5% per year).

In value terms, France ($X) remains the key foreign market for rusks, toasted bread and similar toasted products exports from Switzerland, comprising 75% of total exports. The second position in the ranking was held by Spain ($X), with a 14% share of total exports. It was followed by Luxembourg, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+29.9% per year) and Luxembourg (-1.7% per year).

Export Prices by Country

In 2021, the average rusks and toasted bread export price amounted to $X per ton, falling by -6% against the previous year. Overall, the export price recorded a noticeable contraction. The growth pace was the most rapid in 2020 when the average export price increased by 8%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United Arab Emirates ($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 Luxembourg (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports into Switzerland

In 2021, imports of rusks, toasted bread and similar toasted products into Switzerland fell slightly to X tons, declining by -2.4% on the previous year. In general, imports saw a slight contraction. The growth pace was the most rapid in 2020 with an increase of 95% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, rusks and toasted bread imports expanded to $X in 2021. Over the period under review, imports showed a mild slump. The growth pace was the most rapid in 2020 when imports increased by 17%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of rusks and toasted bread to Switzerland, with a 42% share of total imports. Moreover, rusks and toasted bread imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by France (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.6% per year) and France (-8.4% per year).

In value terms, Germany ($X) constituted the largest supplier of rusks, toasted bread and similar toasted products to Switzerland, comprising 43% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.1% per year) and France (-8.1% per year).

Import Prices by Country

In 2021, the average rusks and toasted bread import price amounted to $X per ton, rising by 5.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 60% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

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 Austria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :