Switzerland: Whey Market 2024

Whey Market Size in Switzerland

The Swiss whey market surged to $X in 2022, increasing by 114% against the previous year. Overall, consumption posted a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Whey Production in Switzerland

In value terms, whey production rose rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.9% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 59% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Whey Exports

Exports from Switzerland

In 2022, after two years of growth, there was significant decline in shipments abroad of whey, when their volume decreased by -61.6% to X tons. In general, exports saw a deep reduction. The growth pace was the most rapid in 2014 when exports increased by 59%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, whey exports shrank markedly to $X in 2022. Overall, exports saw a mild setback. The pace of growth appeared the most rapid in 2017 with an increase of 34% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for whey exports from Switzerland, accounting for a 59% share of total exports. Moreover, whey exports to France exceeded the volume sent to the second major destination, Austria (X tons), twofold. Germany (X tons) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to -5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-3.6% per year) and Germany (-14.4% per year).

In value terms, France ($X) remains the key foreign market for whey exports from Switzerland, comprising 72% of total exports. The second position in the ranking was held by South Africa ($X), with a 4.5% share of total exports. It was followed by Germany, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+24.4% per year) and Germany (-10.3% per year).

Export Prices by Country

The average whey export price stood at $X per ton in 2022, picking up by 114% against the previous year. Overall, the export price saw resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Austria ($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 Netherlands (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Whey Imports

Imports into Switzerland

In 2022, purchases abroad of whey decreased by -24.3% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2017 with an increase of 21% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, whey imports declined notably to $X in 2022. Overall, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 with an increase of 28% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of whey to Switzerland, accounting for a 64% share of total imports. Moreover, whey imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from France totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.8% per year) and the United States (-3.0% per year).

In value terms, France ($X) constituted the largest supplier of whey to Switzerland, comprising 57% of total imports. The second position in the ranking was held by the United States ($X), with a 17% share of total imports. It was followed by Austria, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.4% per year) and Austria (-3.3% per year).

Import Prices by Country

In 2022, the average whey import price amounted to $X per ton, which is down by -6.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 13% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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