Price for Cereal Flour; of Maize (Corn) in Switzerland - 2023

Contents:

  1. Price for Cereal Flour; of Maize (Corn) in Switzerland (CIF) - 2022
  2. Price for Cereal Flour; of Maize (Corn) in Switzerland (FOB) - 2022
  3. Imports of Cereal Flour; of Maize (Corn) in Switzerland
  4. Exports of Cereal Flour; of Maize (Corn) in Switzerland

Price for Cereal Flour; of Maize (Corn) in Switzerland (CIF) - 2022

In 2022, the average import price for cereal flour; of maize (corn) amounted to $1,425 per ton, almost unchanged from the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 33% against the previous year. The import price peaked at $1,429 per ton in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,145 per ton), while the price for Portugal ($814 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 (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Flour; of Maize (Corn) in Switzerland (FOB) - 2022

The average export price for cereal flour; of maize (corn) stood at $832 per ton in 2022, waning by -6.2% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of 127%. Over the period under review, the average export prices reached the maximum at $4,459 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,590 per ton), while the average price for exports to Spain ($516 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 Italy (+10.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Flour; of Maize (Corn) in Switzerland

In 2022, overseas purchases of cereal flour; of maize (corn) decreased by -2.3% to 510 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. As a result, imports attained the peak of 539 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cereal flour; of maize (corn) imports contracted modestly to $727K in 2022. The total import value increased at an average annual rate of +11.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 31%.

Import of Cereal Flour; of Maize (Corn) in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy15922123330924.8%
Germany94.188.710299.51.9%
France68.886.489.766.6-1.1%
Portugal49.776.270.853.62.6%
Spain36.385.285.541.04.1%
Mexico19.921.128.440.026.2%
United States24.126.132.518.9-7.8%
Netherlands17.130.121.518.01.7%
United Kingdom15.316.713.711.1-10.1%
Others42.436.470.169.017.6%
Total52668874772711.4%

Top Suppliers of Cereal Flour; of Maize (Corn) to Switzerland in 2022:

  1. Italy (237.6 tons)
  2. Portugal (65.9 tons)
  3. Germany (53.4 tons)
  4. France (51.0 tons)
  5. Mexico (26.5 tons)
  6. Spain (23.0 tons)
  7. United Kingdom (10.5 tons)
  8. Netherlands (8.4 tons)
  9. United States (7.7 tons)

Exports of Cereal Flour; of Maize (Corn) in Switzerland

In 2022, the amount of cereal flour; of maize (corn) exported from Switzerland declined to 76 tons, which is down by -10.6% against the previous year's figure. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 6,039% against the previous year. As a result, the exports reached the peak of 85 tons, and then reduced in the following year.

In value terms, cereal flour; of maize (corn) exports dropped significantly to $63K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 5,474% against the previous year. As a result, the exports attained the peak of $76K, and then fell dramatically in the following year.

Export of Cereal Flour; of Maize (Corn) in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom20.3N/A19.355.439.7%
Italy0.50.36.26.6136.3%
SpainN/AN/A37.90.4-98.9%
FranceN/A0.83.5N/A337.5%
Others1.70.28.81.1-13.5%
Total22.61.475.663.441.0%

Top Export Markets for Cereal Flour; of Maize (Corn) from Switzerland in 2022:

  1. United Kingdom (70.2 tons)
  2. Italy (4.7 tons)
  3. Spain (0.7 tons)

Source: IndexBox Market Intelligence Platform

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