Coconut Market in Switzerland
Market Overview
The Swiss coconut market reached $
in , therefore, remained relatively stable 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). In general, consumption continues to indicate a buoyant expansion. Coconut consumption peaked in and is likely to see gradual growth in years to come.
in , therefore, remained relatively stable 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). In general, consumption continues to indicate a buoyant expansion. Coconut consumption peaked in and is likely to see gradual growth in years to come.Consumption
In , the amount of coconuts consumed in Switzerland rose significantly to tons, picking up by % compared with the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. As a result, consumption reached the peak volume of tons. From to , the growth of the consumption remained at a lower figure.
The size of the coconut market in Switzerland reached $ in , therefore, remained relatively stable 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). In general, consumption continues to indicate a strong increase. Coconut consumption peaked in and is expected to retain growth in the near future.
, the amount of coconuts consumed in Switzerland rose significantly to tons, picking up by % compared with the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. As a result, consumption reached the peak volume of tons. From to , the growth of the consumption remained at a lower figure.The size of the coconut market in Switzerland reached $
in , therefore, remained relatively stable 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). In general, consumption continues to indicate a strong increase. Coconut consumption peaked in and is expected to retain growth in the near future.Market Forecast
Driven by increasing demand for coconuts in Switzerland, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Coconut market in Switzerland consists almost entirely of imported products.
Trade Balance
Switzerland remains a net importer of coconut; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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