Switzerland: Preserved Tuna Market 2024

Preserved Tuna Market Size in Switzerland

The Swiss preserved tuna market fell modestly to $X in 2021, declining by -3.6% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Preserved Tuna Production in Switzerland

In value terms, preserved tuna production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. Preserved tuna production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Preserved Tuna Exports

Exports from Switzerland

In 2021, preserved tuna exports from Switzerland soared to X tons, rising by 2,831% compared with 2020 figures. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2015 with an increase of 54,904% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved tuna exports surged to $X in 2021. In general, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 18,959% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X kg) was the main destination for preserved tuna exports from Switzerland, with a 97% share of total exports. It was followed by the United Arab Emirates (X kg), with a 1.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain was relatively modest.

In value terms, Spain ($X) emerged as the key foreign market for tuna (prepared or preserved) exports from Switzerland, comprising 95% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 1.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain was relatively modest.

Export Prices by Country

In 2021, the average preserved tuna export price amounted to $X per ton, which is down by -74.2% against the previous year. In general, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 522%. As a result, the export price attained the peak level of $X per ton, and then shrank notably in the following year.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+17.7%), while the prices for the other major destinations experienced a decline.

Preserved Tuna Imports

Imports into Switzerland

In 2021, imports of tuna (prepared or preserved) into Switzerland dropped to X tons, waning by -12.1% against 2020 figures. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 24%. Over the period under review, imports reached the peak figure at X tons in 2020, and then contracted in the following year.

In value terms, preserved tuna imports declined to $X in 2021. The total import value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when imports increased by 32% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest supplier of preserved tuna to Switzerland, accounting for a 54% share of total imports. Moreover, preserved tuna imports from Thailand exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. Vietnam (X tons) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.0% per year) and Vietnam (-3.8% per year).

In value terms, Thailand ($X) constituted the largest supplier of tuna (prepared or preserved) to Switzerland, comprising 47% of total imports. The second position in the ranking was taken by Italy ($X), with a 17% share of total imports. It was followed by Spain, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Thailand totaled +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.9% per year) and Spain (+2.7% per year).

Import Prices by Country

The average preserved tuna import price stood at $X per ton in 2021, picking up by 3.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 11% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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