Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland - 2024
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland (FOB) - 2024
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland (CIF) - 2024
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland (FOB) - 2024
In January 2024, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $5,240 per ton, reducing by -1.8% against the previous month. Overall, the export price continues to indicate a mild slump. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 20% m-o-m. As a result, the export price attained the peak level of $7,988 per ton. From May 2023 to January 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($11,983 per ton), while the average price for exports to Portugal ($2,024 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland (CIF) - 2024
In January 2024, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $5,601 per ton, with an increase of 3.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 20% m-o-m. The import price peaked at $5,886 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($7,730 per ton), while the price for Poland ($2,928 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Austria (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland
In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses exported from Switzerland dropped modestly to 4.9K tons, waning by -3% against 2021. Over the period under review, exports continue to indicate a sharp setback.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses reduced to $26M in 2022. Overall, exports faced a dramatic shrinkage.
Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 13.4 | 9.6 | 10.4 | 10.7 | -7.2% |
Italy | 11.5 | 5.8 | 1.7 | 1.9 | -45.1% |
Spain | 0.4 | 0.4 | 0.4 | 1.9 | 68.1% |
Austria | 2.1 | 1.8 | 1.7 | 1.6 | -8.7% |
France | 3.1 | 3.6 | 1.5 | 1.3 | -25.1% |
Netherlands | 3.9 | 1.4 | 1.0 | 1.2 | -32.5% |
United States | 2.4 | 2.3 | 1.1 | 1.1 | -22.9% |
United Kingdom | 8.3 | 5.9 | 2.4 | 1.1 | -49.0% |
Sweden | 4.9 | 3.5 | 1.3 | 0.9 | -43.2% |
Greece | 1.3 | 0.5 | 0.2 | 0.8 | -14.9% |
Belgium | 3.0 | 2.2 | 1.3 | 0.8 | -35.6% |
Ireland | 0.2 | N/A | 0.6 | 0.7 | 51.8% |
Hungary | 0.8 | 0.5 | 0.1 | 0.4 | -20.6% |
Others | 6.6 | 7.1 | 4.2 | 2.1 | -31.7% |
Total | 62.0 | 44.6 | 28.0 | 26.4 | -24.8% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Switzerland in 2022:
- Germany (2555.4 tons)
- Spain (397.1 tons)
- Austria (328.4 tons)
- United Kingdom (260.6 tons)
- Netherlands (189.4 tons)
- France (163.1 tons)
- Italy (160.0 tons)
- Greece (133.2 tons)
- United States (119.2 tons)
- Sweden (118.8 tons)
- Ireland (108.7 tons)
- Belgium (94.3 tons)
- Hungary (85.6 tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland
In 2022, imports of soups and broths and preparations therefor; homogenised composite food preparationses into Switzerland reached 4K tons, approximately reflecting 2021 figures. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 70% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses dropped to $19M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports attained the peak of $20M, and then shrank in the following year.
Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 7.9 | 8.4 | 9.7 | 9.1 | 4.8% |
Spain | 1.4 | 1.4 | 1.8 | 1.6 | 4.6% |
Italy | 1.4 | 1.4 | 1.3 | 1.2 | -5.0% |
France | 1.9 | 1.8 | 1.4 | 1.2 | -14.2% |
Slovakia | 0.6 | 0.6 | 0.8 | 0.8 | 10.1% |
Austria | 0.5 | 0.6 | 0.6 | 0.7 | 11.9% |
Croatia | 0.3 | 0.5 | 0.5 | 0.6 | 26.0% |
Czech Republic | 0.2 | 0.3 | 0.4 | 0.5 | 35.7% |
Poland | 0.5 | 0.4 | 0.3 | 0.4 | -7.2% |
Others | 2.3 | 2.6 | 3.3 | 2.6 | 4.2% |
Total | 16.9 | 18.1 | 20.3 | 18.8 | 3.6% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Switzerland in 2022:
- Germany (1618.4 tons)
- Spain (692.4 tons)
- Italy (406.1 tons)
- France (248.9 tons)
- Slovakia (197.2 tons)
- Austria (165.4 tons)
- Croatia (132.8 tons)
- Poland (119.2 tons)
- Czech Republic (92.7 tons)
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Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
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Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.