Switzerland: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in Switzerland

The Swiss wheat and meslin flour market totaled $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Wheat and meslin flour consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Wheat and Meslin Flour in Switzerland

In value terms, wheat and meslin flour production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 24% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Wheat and Meslin Flour

Exports from Switzerland

In 2022, shipments abroad of wheat and meslin flour decreased by -16% to X tons, falling for the second consecutive year after nine years of growth. The total export volume 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 pace of growth appeared the most rapid in 2020 when exports increased by 16%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, wheat and meslin flour exports fell notably to $X in 2022. The total export value increased at an average annual rate of +2.2% 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 exports increased by 20% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Austria (X tons) was the main destination for wheat and meslin flour exports from Switzerland, with a 95% share of total exports. It was followed by the Czech Republic (X tons), with a 2.5% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Austria amounted to +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+178.8% per year) and Germany (+34.2% per year).

In value terms, Austria ($X) remains the key foreign market for wheat and meslin flour exports from Switzerland, comprising 95% of total exports. The second position in the ranking was held by Germany ($X), with a 2.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Austria amounted to +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+28.5% per year) and the Czech Republic (+171.3% per year).

Export Prices by Country

In 2022, the average wheat and meslin flour export price amounted to $X per ton, shrinking by -5.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 4%. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

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 Germany ($X per ton), while the average price for exports to the Czech Republic ($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 Austria (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Wheat and Meslin Flour

Imports into Switzerland

In 2022, supplies from abroad of wheat and meslin flour decreased by -0.9% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 28% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then contracted slightly in the following year.

In value terms, wheat and meslin flour imports rose notably to $X in 2022. Over the period under review, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main suppliers of wheat and meslin flour imports to Switzerland, together comprising 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +28.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and France ($X) appeared to be the largest wheat and meslin flour suppliers to Switzerland, with a combined 94% share of total imports.

Among the main suppliers, Italy, with a CAGR of +29.0%, recorded the highest growth rate of the value of imports, 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 wheat and meslin flour import price amounted to $X per ton, rising by 8.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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