Beef Market Overview in Switzerland
In value terms, beef production declined remarkably to $ in 2018 estimated in export prices. Overall, production showed a noticeable expansion. The pace of growth appeared the most rapid in 2015 with an increase of % against the previous year. As a result, production reached the peak level of $. From 2016 to 2018, production growth remained at a somewhat lower figure.
In 2018, the average yield of beef (cattle meat) in Switzerland stood at kg per head, surging by % against the year before. In general, the yield showed a relatively flat trend pattern. As a result, the yield reached the peak level and is likely to continue growth in the immediate term.
In 2018, the number of animals slaughtered for beef production in Switzerland expanded slightly to heads, picking up by % against 2017 figures. In general, the number of producing animals recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the number of producing animals increased by % y-o-y. The number of animals slaughtered for beef production peaked at heads in 2011; however, from 2012 to 2018, the producing animals remained at a lower figure.
The size of the beef market in Switzerland dropped significantly to $ in 2018, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate moderate growth. The pace of growth was the most pronounced in 2015 when the market value increased by % year-to-year. As a result, consumption attained the peak level of $. From 2016 to 2018, the growth of the market remained at a somewhat lower figure.