Switzerland: Sugary Soft Drink Market 2024

Sugary Soft Drink Market Size in Switzerland

The Swiss sugary soft drink market declined to $X in 2022, reducing by -5.9% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Sugary Soft Drink Production in Switzerland

In value terms, sugary soft drink production reduced to $X in 2022 estimated in export price. In general, production recorded a mild curtailment. The pace of growth appeared the most rapid in 2015 when the production volume increased by 59% against the previous year. Sugary soft drink production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Sugary Soft Drink Exports

Exports from Switzerland

In 2022, overseas shipments of sugary soft drinks increased by 50% to X litres, rising for the second year in a row after two years of decline. In general, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 51% against the previous year. As a result, the exports reached the peak of X litres. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sugary soft drink exports soared to $X in 2022. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 141% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X litres) was the main destination for sugary soft drink exports from Switzerland, with a 56% share of total exports. Moreover, sugary soft drink exports to Germany exceeded the volume sent to the second major destination, Austria (X litres), threefold. The third position in this ranking was held by France (X litres), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+1.6% per year) and France (+24.8% per year).

In value terms, Germany ($X) remains the key foreign market for sugary soft drinks exports from Switzerland, comprising 62% of total exports. The second position in the ranking was held by Austria ($X), with a 12% share of total exports. It was followed by Turkey, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-2.5% per year) and Turkey (+83.8% per year).

Export Prices by Country

In 2022, the average sugary soft drink export price amounted to $X per litre, dropping by -20.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 60% against the previous year. The export price peaked at $X per litre in 2020; however, from 2021 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 the Netherlands ($X per litre), while the average price for exports to Austria ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sugary Soft Drink Imports

Imports into Switzerland

In 2022, after five years of growth, there was decline in purchases abroad of sugary soft drinks, when their volume decreased by -1.4% to X litres. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.3% 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 +83.8% against 2012 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year. Imports peaked at X litres in 2021, and then reduced slightly in the following year.

In value terms, sugary soft drink imports amounted to $X in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.6% 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 +76.0% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of 21%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

Germany (X litres), Italy (X litres) and France (X litres) were the main suppliers of sugary soft drink imports to Switzerland, together comprising 62% of total imports. The Netherlands, Poland, Austria, Sweden and Portugal lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +51.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sugary soft drink suppliers to Switzerland were Germany ($X), Italy ($X) and the Netherlands ($X), together comprising 60% of total imports. France, Poland, Austria, Sweden and Portugal lagged somewhat behind, together accounting for a further 26%.

Poland, with a CAGR of +49.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sugary soft drink import price amounted to $X per litre, rising by 1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2021 when the average import price increased by 11% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per litre), while the price for France ($X per litre) was amongst the lowest.

From 2012 to 2022, 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 mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :