Switzerland: Vegetable Puree Market 2024

Vegetable Puree Market Size in Switzerland

For the third year in a row, the Swiss vegetable puree market recorded growth in sales value, which increased by 1.7% to $X in 2022. Over the period under review, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.5% 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 +91.4% against 2017 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Vegetable Puree Production in Switzerland

In value terms, vegetable puree production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with a decrease of 99.9% against the previous year. Over the period under review, production reached the peak level in 2022 and is expected to retain growth in the immediate term.

Vegetable Puree Exports

Exports from Switzerland

In 2022, approx. X kg of vegetable puree were exported from Switzerland; shrinking by -80.5% compared with the year before. Overall, exports recorded a deep setback. The pace of growth appeared the most rapid in 2015 when exports increased by 155%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, vegetable puree exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted perceptible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X kg) was the main destination for vegetable puree exports from Switzerland, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria amounted to +66.3%.

In value terms, Austria ($X) emerged as the key foreign market for vegetable puree exports from Switzerland.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria stood at +102.3%.

Export Prices by Country

The average vegetable puree export price stood at $X per ton in 2022, with an increase of 1,324% against the previous year. Overall, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +21.7% per year.

Vegetable Puree Imports

Imports into Switzerland

For the third consecutive year, Switzerland recorded growth in supplies from abroad of vegetable puree, which increased by 2.1% to X tons in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.3% 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 +63.4% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, vegetable puree imports fell slightly to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +72.8% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of 32% against the previous year. Imports peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

In 2022, Germany (X tons) was the main supplier of vegetable puree to Switzerland, with a 94% share of total imports. It was followed by Italy (X tons), with a 2.1% share of total imports. The third position in this ranking was held by France (X tons), with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+27.1% per year) and France (-6.3% per year).

In value terms, Germany ($X) constituted the largest supplier of vegetable puree to Switzerland, comprising 90% of total imports. The second position in the ranking was taken by Italy ($X), with a 4.5% share of total imports. It was followed by France, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+27.4% per year) and France (+7.9% per year).

Import Prices by Country

In 2022, the average vegetable puree import price amounted to $X per ton, shrinking by -3.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 10%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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