In 2023, the production of extra hard cheese in Switzerland was recorded at approximately 1.44 thousand metric tons. From 2024 onwards, forecasted data shows a gradual decline in production, with values of 1.41 thousand metric tons in 2024, 1.38 thousand metric tons in 2025, 1.35 thousand metric tons in 2026, 1.33 thousand metric tons in 2027, and 1.31 thousand metric tons in 2028. This shows a consistent year-on-year decrease in production volumes.
Key variations include:
- From 2023 to 2024: A decrease of approximately 2.08%.
- From 2024 to 2025: A decrease of approximately 2.13%.
- From 2025 to 2026: A decrease of approximately 2.17%.
- From 2026 to 2027: A decrease of approximately 1.48%.
- From 2027 to 2028: A decrease of approximately 1.50%.
The Compound Annual Growth Rate (CAGR) over this forecast period (2024-2028) is -1.79%, indicating a gradual decline in production. This suggests a trend towards reduced production capacity or changes in market demand affecting the output.
Future trends to watch for include potential impacts of changing consumer preferences towards different types of cheese, advancements in production technology, and fluctuations in milk supply influenced by climate change or policy regulations. Market dynamics, including export opportunities and domestic consumption patterns, will also play critical roles in shaping the future of extra hard cheese production in Switzerland.