Switzerland - Millet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMillet Price in Switzerland - 2023
Contents:
- Millet Price in Switzerland (CIF) - 2022
- Millet Price in Switzerland (FOB) - 2022
- Millet Imports in Switzerland
- Millet Exports in Switzerland
Millet Price in Switzerland (CIF) - 2022
In 2022, the average millet import price amounted to $917 per ton, shrinking by -7.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2021 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $990 per ton, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,651 per ton), while the price for Russia ($374 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Millet Price in Switzerland (FOB) - 2022
The average millet export price stood at $2,176 per ton in 2022, falling by -46.7% against the previous year. Overall, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 155% against the previous year. Over the period under review, the average export prices attained the maximum at $4,372 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +55.9% per year.
Millet Imports in Switzerland
In 2022, overseas purchases of millet decreased by -4.3% to 1.6K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 82% against the previous year. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, millet imports declined to $1.5M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year.
| Import of Millet in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 0.2 | 430 | 357 | 488 | 1246.3% |
| Austria | 502 | 305 | 604 | 259 | -19.8% |
| France | 126 | 60.4 | 166 | 191 | 14.9% |
| Netherlands | 103 | 104 | 198 | 158 | 15.3% |
| Hungary | 4.6 | 148 | 63.3 | 103 | 181.9% |
| Czech Republic | N/A | N/A | 14.8 | 85.2 | 475.7% |
| Germany | 111 | 222 | 97.2 | 65.8 | -16.0% |
| Romania | N/A | 90.1 | N/A | N/A | 0% |
| Others | 70.1 | 99.9 | 172 | 133 | 23.8% |
| Total | 917 | 1,459 | 1,671 | 1,483 | 17.4% |
Top Suppliers of Millet to Switzerland in 2022:
- Ukraine (796.9 tons)
- Austria (242.5 tons)
- France (215.4 tons)
- Czech Republic (98.0 tons)
- Hungary (66.0 tons)
- Netherlands (59.5 tons)
- Germany (58.2 tons)
Millet Exports in Switzerland
In 2022, overseas shipments of millet decreased by -98.9% to 561 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 1,176% against the previous year. As a result, the exports attained the peak of 49 tons, and then fell notably in the following year.
In value terms, millet exports declined markedly to $1.2K in 2022. In general, exports recorded a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 1,121%. As a result, the exports reached the peak of $201K, and then declined markedly in the following year.
| Export of Millet in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | 0.9 | 24.3 | 1.2 | 81.7% |
| France | 0.1 | 3.9 | 165 | N/A | 3962.0% |
| Belgium | 11.0 | 11.7 | 12.0 | N/A | 4.4% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 11.2 | 16.5 | 201 | 1.2 | -52.5% |
Top Export Markets for Millet from Switzerland in 2022:
- Germany (561.0 kg)
This report provides an in-depth analysis of the millet 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 79 - Millet
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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