Switzerland - Ghee - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Ghee Price in Switzerland - 2023

Contents:

  1. Ghee Price in Switzerland (CIF) - 2023
  2. Ghee Price in Switzerland (FOB) - 2022
  3. Ghee Imports in Switzerland
  4. Ghee Exports in Switzerland

Ghee Price in Switzerland (CIF) - 2023

The average ghee import price stood at $7,114 per ton in August 2023, with a decrease of -1.9% against the previous month. Overall, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 3.9% m-o-m. As a result, import price reached the peak level of $10,130 per ton. From January 2023 to August 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($7,648 per ton), while the price for the Netherlands amounted to $6,614 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (-2.1%), while the prices for the other major suppliers experienced a decline.

Ghee Price in Switzerland (FOB) - 2022

In 2022, the average ghee export price amounted to $18,739 per ton, waning by -4% against the previous year. In general, the export price, however, saw prominent growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 58%. The export price peaked at $25,898 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($23,946 per ton), while the average price for exports to Singapore ($12,703 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 France (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ghee Imports in Switzerland

For the fourth year in a row, Switzerland recorded growth in supplies from abroad of ghee, which increased by 108% to 1.2K tons in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 121% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, ghee imports soared to $11M in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ghee in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2225081,3587,450222.6%
Germany4741,0522,4493,43593.5%
Belgium52.946.820529477.1%
United Kingdom11638.775.255.6-21.7%
France51.113069.93.8-57.9%
Others84.611671.415021.0%
Total1,0001,8924,22911,388125.0%

Top Suppliers of Ghee to Switzerland in 2022:

  1. Netherlands (853.2 tons)
  2. Germany (337.7 tons)
  3. Belgium (28.4 tons)
  4. United Kingdom (6.0 tons)
  5. France (0.5 tons)

Ghee Exports in Switzerland

Ghee exports from Switzerland dropped sharply to 9.2 tons in 2022, shrinking by -31.6% against the year before. Over the period under review, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 38% against the previous year.

In value terms, ghee exports fell sharply to $173K in 2022. In general, exports saw a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year.

Export of Ghee in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France24610595.056.0-38.9%
Indonesia11.710.329.837.146.9%
Japan15.416.920.921.611.9%
Germany8.89.613.819.329.9%
China17.211.640.610.2-16.0%
Singapore19.018.422.59.4-20.9%
Netherlands14.36.922.28.9-14.6%
United Kingdom5.01.30.61.7-30.2%
Others8.85.817.88.80.0%
Total346186263173-20.6%

Top Export Markets for Ghee from Switzerland in 2022:

  1. Indonesia (2.7 tons)
  2. France (2.4 tons)
  3. Germany (0.9 tons)
  4. Japan (0.9 tons)
  5. Singapore (0.7 tons)
  6. Netherlands (0.5 tons)
  7. China (0.4 tons)
  8. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ghee 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:

  • FCL 887 - Ghee from Cow Milk
  • FCL 953 - Ghee, from Buffalo Milk

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Ghee - Switzerland