Switzerland: Yams Market 2024

Yams Market Size in Switzerland

The Swiss yams market rose modestly to $X in 2022, picking up 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, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.6% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Yams Exports

Exports from Switzerland

In 2022, yams exports from Switzerland declined markedly to X kg, with a decrease of -50% on the previous year's figure. Overall, exports, however, continue to indicate strong growth. Over the period under review, the exports hit record highs at X kg in 2021, and then fell significantly in the following year.

In value terms, yams exports dropped remarkably to $X in 2022. In general, exports recorded a noticeable slump. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Oman (X kg) and the Netherlands (X kg) were the main destinations of yams exports from Switzerland.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +26.7%).

In value terms, Oman ($X) remains the key foreign market for yams exports from Switzerland, comprising 78% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Oman totaled +1.3%.

Export Prices by Country

In 2022, the average yams export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2019 a decrease of 99.9%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-9.2%).

Yams Imports

Imports into Switzerland

In 2022, purchases abroad of yams decreased by -1.5% to X tons, falling for the second year in a row after four years of growth. Overall, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, yams imports stood at $X in 2022. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 36% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ghana (X tons) constituted the largest yams supplier to Switzerland, accounting for a 69% share of total imports. Moreover, yams imports from Ghana exceeded the figures recorded by the second-largest supplier, France (X tons), eightfold. Israel (X tons) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from Ghana amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+6.8% per year) and Israel (+52.4% per year).

In value terms, Ghana ($X) constituted the largest supplier of yams to Switzerland, comprising 59% of total imports. The second position in the ranking was held by France ($X), with an 8.3% share of total imports. It was followed by Italy, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ghana amounted to +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.4% per year) and Italy (+8.5% per year).

Import Prices by Country

In 2022, the average yams import price amounted to $X per ton, with an increase of 4.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12%. The import price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Israel ($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 (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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