Switzerland: Market for Sunflower-Seed And Safflower Oil 2022

Market Size for Sunflower-Seed And Safflower Oil in Switzerland

For the fifth consecutive year, the Swiss sunflower-seed and safflower oil market recorded growth in sales value, which increased by X% to $X in 2021. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Production of Sunflower-Seed And Safflower Oil in Switzerland

In value terms, sunflower-seed and safflower oil production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Sunflower-Seed And Safflower Oil

Exports from Switzerland

Sunflower-seed and safflower oil exports from Switzerland declined rapidly to X tons in 2021, dropping by -X% on the previous year's figure. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, sunflower-seed and safflower oil exports declined markedly to $X in 2021. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for sunflower-seed and safflower oil exports from Switzerland, with a X% share of total exports. Moreover, sunflower-seed and safflower oil exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and the UK (+X% per year).

In value terms, Germany ($X) remains the key foreign market for sunflower-seed and safflower oil exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Portugal (-X% per year).

Export Prices by Country

The average sunflower-seed and safflower oil export price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the export price, however, continues to indicate a pronounced descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sunflower-Seed And Safflower Oil

Imports into Switzerland

Sunflower-seed and safflower oil imports into Switzerland rose rapidly to X tons in 2021, growing by X% on the previous year. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, sunflower-seed and safflower oil imports surged to $X in 2021. In general, imports recorded strong growth. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Mozambique (X tons) constituted the largest supplier of sunflower-seed and safflower oil to Switzerland, accounting for a X% share of total imports. Moreover, sunflower-seed and safflower oil imports from Mozambique exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), twofold. The third position in this ranking was taken by Tanzania (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mozambique totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+X% per year) and Tanzania (-X% per year).

In value terms, Mozambique ($X) constituted the largest supplier of sunflower-seed and safflower oil to Switzerland, comprising X% of total imports. The second position in the ranking was taken by Uganda ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Mozambique amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uganda (+X% per year) and Tanzania (+X% per year).

Import Prices by Country

The average sunflower-seed and safflower oil import price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Mozambique ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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