Report Update Nov 1, 2024

Switzerland - Whisky - Market Analysis, Forecast, Size, Trends and Insights

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Switzerland: Whisky Market 2024

Whisky Market Size in Switzerland

The Swiss whisky market rose slightly to $X in 2022, increasing by 2.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the market value increased by 9.3%. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Whisky Exports

Exports from Switzerland

Whisky exports from Switzerland contracted remarkably to X litres in 2022, with a decrease of -64.6% compared with 2021 figures. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 482%. As a result, the exports reached the peak of X litres, and then shrank markedly in the following year.

In value terms, whisky exports reduced remarkably to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 211% against the previous year. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

Germany (X litres) was the main destination for whisky exports from Switzerland, with a 32% share of total exports. Moreover, whisky exports to Germany exceeded the volume sent to the second major destination, France (X litres), twofold. The third position in this ranking was taken by the Netherlands (X litres), with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +23.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+31.4% per year) and the Netherlands (+2.3% per year).

In value terms, the largest markets for whisky exported from Switzerland were the UK ($X), Germany ($X) and China ($X), together comprising 52% of total exports. Denmark, Taiwan (Chinese), the Netherlands, Ireland, France and Belgium lagged somewhat behind, together accounting for a further 35%.

Among the main countries of destination, Denmark, with a CAGR of +92.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average whisky export price amounted to $X per litre, jumping by 113% against the previous year. Over the period under review, the export price posted a temperate increase. Over the period under review, the average export prices reached the maximum at $X per litre in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per litre), while the average price for exports to Belgium ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Whisky Imports

Imports by Country

In 2022, the UK (X litres) constituted the largest whisky supplier to Switzerland, accounting for a 72% share of total imports. Moreover, whisky imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X litres), fourfold. The third position in this ranking was held by Ireland (X litres), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.7% per year) and Ireland (+2.8% per year).

In value terms, the UK ($X) constituted the largest supplier of whisky to Switzerland, comprising 71% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports. It was followed by Ireland, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.3% per year) and Ireland (+4.0% per year).

Import Prices by Country

In 2022, the average whisky import price amounted to $X per litre, growing by 5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2021 when the average import price increased by 14% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for whisky in the world?

The countries with the highest volumes of in 2021 were the United States, India and Japan, with a combined 29% share of global consumption. These countries were followed by Indonesia, Canada, France, the UK, Russia, Pakistan, Bangladesh, Brazil, Iran and Thailand, which together accounted for a further 34%.

What are the largest producers of whisky in the world?

The UK constituted the country with the largest volume of whisky production, accounting for 40% of total volume. Moreover, whisky production in the UK exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 10% share.

What are the leading suppliers of whisky to Switzerland?

In value terms, the UK constituted the largest supplier of whisky to Switzerland, comprising 59% of total imports. The second position in the ranking was occupied by the United States, with a 10% share of total imports. It was followed by the Netherlands, with a 9.8% share.

What are the leading importers of whisky from Switzerland?

In value terms, Ukraine, Germany and the Netherlands constituted the largest markets for whisky exported from Switzerland worldwide, together accounting for 66% of total exports. The UK, India, Kenya, Denmark, Malaysia, Australia, Macao SAR, Luxembourg and Tanzania lagged somewhat behind, together accounting for a further 30%.

What is the average export price for whisky in Switzerland?

In 2021, the average whisky export price amounted to $13 per litre, which is down by -73.1% against the previous year.

What is the average import price for whisky in Switzerland?

In 2021, the average whisky import price amounted to $14 per litre, declining by -3.9% against the previous year.

This report provides an in-depth analysis of the whisky market in Switzerland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11011030 - Whisky (important: excluding alcohol duty)

Country coverage:

Switzerland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Switzerland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023