Given the series data, Switzerland's import of frozen berries has been experiencing a steady upward trend. In 2023, the value of imports stood at 66.307 million USD. The forecast indicates a gradual increase over the next five years, with the value reaching 70.619 million USD by 2028. This reflects a compound annual growth rate (CAGR) of approximately 1.58% from 2024 to 2028. Notably, year-on-year variations are projected to consistently hover around the 1.3% to 1.5% mark, suggesting a stable market for frozen berries.
Future trends to watch for:
- Inflation and currency fluctuations, which might affect import costs and pricing strategies.
- Consumer demand shifts towards organic or sustainably sourced berries, which could impact supply dynamics.
- Technological advancements in cold chain logistics, potentially enhancing the quality and shelf-life of imported berries.
- Trade agreements and regulatory changes affecting import tariffs and policies.