Switzerland: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Switzerland

The Swiss tomato ketchup market reached $X in 2022, with an increase of 9.6% against the previous year. Over the period under review, consumption enjoyed strong growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Tomato Ketchup Production in Switzerland

In value terms, tomato ketchup production skyrocketed to $X in 2022 estimated in export price. Overall, production recorded significant growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 365%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Tomato Ketchup Exports

Exports from Switzerland

In 2022, after three years of decline, there was significant growth in overseas shipments of tomato ketchup and tomato sauces, when their volume increased by 38% to X tons. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, tomato ketchup exports soared to $X in 2022. In general, exports, however, continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2014 with an increase of 55% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for tomato ketchup exports from Switzerland, accounting for a 82% share of total exports. Moreover, tomato ketchup exports to Germany exceeded the volume sent to the second major destination, France (X tons), eightfold. Ukraine (X tons) ranked third in terms of total exports with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.9% per year) and Ukraine (0.0% per year).

In value terms, Germany ($X) remains the key foreign market for tomato ketchup and tomato sauces exports from Switzerland, comprising 69% of total exports. The second position in the ranking was taken by France ($X), with a 17% share of total exports. It was followed by Ukraine, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.0% per year) and Ukraine (0.0% per year).

Export Prices by Country

The average tomato ketchup export price stood at $X per ton in 2022, which is down by -12.5% against the previous year. In general, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 29% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($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 the Czech Republic (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports

Imports into Switzerland

In 2022, overseas purchases of tomato ketchup and tomato sauces increased by 3.3% to X tons, rising for the fifth consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.1% 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 appeared the most rapid in 2020 when imports increased by 12% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, tomato ketchup imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of +2.6% 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 appeared the most rapid in 2020 with an increase of 23% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of tomato ketchup to Switzerland, with a 50% share of total imports. Moreover, tomato ketchup imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+23.7% per year) and Germany (-8.1% per year).

In value terms, the largest tomato ketchup suppliers to Switzerland were Italy ($X), the Netherlands ($X) and Germany ($X), with a combined 85% share of total imports.

The Netherlands, with a CAGR of +25.5%, recorded 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 tomato ketchup import price amounted to $X per ton, declining by -6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 11%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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