Switzerland: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in Switzerland

The Swiss market for powdered, condensed or evaporated milk soared to $X in 2022, increasing by X% against the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Powdered, condensed or evaporated milk consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Powdered, Condensed Or Evaporated Milk in Switzerland

In value terms, powdered, condensed or evaporated milk production stood at $X in 2022 estimated in export price. In general, production, however, showed a mild setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Powdered, Condensed Or Evaporated Milk

Exports from Switzerland

Powdered, condensed or evaporated milk exports from Switzerland shrank markedly to X tons in 2022, with a decrease of X% against the year before. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, powdered, condensed or evaporated milk exports dropped markedly to $X in 2022. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for powdered, condensed or evaporated milk exports from Switzerland, accounting for a X% share of total exports. Moreover, powdered, condensed or evaporated milk exports to China exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold. The third position in this ranking was held by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Belgium (X% per year).

In value terms, China ($X) remains the key foreign market for powdered, condensed or evaporated milk exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Algeria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Algeria (X% per year).

Export Prices by Country

In 2022, the average export price for powdered, condensed or evaporated milk amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered, condensed or evaporated milk export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to China ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powdered, Condensed Or Evaporated Milk

Imports into Switzerland

In 2022, powdered, condensed or evaporated milk imports into Switzerland declined to X tons, dropping by X% against 2021. In general, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, powdered, condensed or evaporated milk imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% 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 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of powdered, condensed or evaporated milk imports to Switzerland, with a combined X% share of total imports. The United States, the Netherlands, Italy and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Belgium ($X) appeared to be the largest powdered, condensed or evaporated milk suppliers to Switzerland, together accounting for X% of total imports. The Netherlands, the United States, Italy and Spain lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for powdered, condensed or evaporated milk stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Netherlands ($X per ton), while the price for Spain ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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