Switzerland: Spinach Market 2024

Spinach Market Size in Switzerland

In 2022, the Swiss spinach market decreased by -9% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 +35.9% against 2019 indices. Spinach consumption peaked at $X in 2021, and then fell in the following year.

Spinach Production in Switzerland

In value terms, spinach production fell to $X in 2022 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +37.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, production attained the peak level of $X, and then declined in the following year.

The average yield of spinach in Switzerland declined to X tons per ha in 2022, which is down by -9.3% against the previous year's figure. The yield figure increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the yield increased by 30%. Over the period under review, the average spinach yield attained the peak level at X tons per ha in 2021, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of spinach in Switzerland amounted to X ha, growing by 1.9% against the year before. In general, the harvested area, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 23% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2014 to 2022, the growth of the spinach harvested area remained at a lower figure.

Spinach Exports

Exports from Switzerland

In 2022, the amount of spinach exported from Switzerland surged to X tons, jumping by 59% against 2021. Overall, exports showed a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 124,324%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, spinach exports soared to $X in 2022. Over the period under review, exports recorded a mild expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 51,728%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for spinach exports from Switzerland, accounting for a 95% share of total exports. Moreover, spinach exports to Spain exceeded the volume sent to the second major destination, France (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled -21.1%.

In value terms, Spain ($X) remains the key foreign market for spinach exports from Switzerland, comprising 92% of total exports. The second position in the ranking was held by France ($X), with an 8.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to -27.9%.

Export Prices by Country

In 2022, the average spinach export price amounted to $X per ton, waning by -18.5% against the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 381% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat 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 France ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-8.7%), while the prices for the other major destinations experienced a decline.

Spinach Imports

Imports into Switzerland

In 2022, supplies from abroad of spinach decreased by -1.9% to X tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, spinach imports declined to $X in 2022. Over the period under review, total imports indicated a prominent expansion 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 +37.4% against 2016 indices. The growth pace was the most rapid in 2013 when imports increased by 26% against the previous year. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest spinach supplier to Switzerland, accounting for a 73% share of total imports. Moreover, spinach imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.9% per year) and Spain (-5.3% per year).

In value terms, Italy ($X) constituted the largest supplier of spinach to Switzerland, comprising 77% of total imports. The second position in the ranking was taken by France ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.2% per year) and Spain (-8.6% per year).

Import Prices by Country

The average spinach import price stood at $X per ton in 2022, reducing by -6.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 an increase of 21%. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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