Industry revenue of »retail sale of food, beverages and tobacco« in Switzerland 2011-2023

The retail sales of food, beverages and tobacco in Switzerland demonstrated a significant decline between 2011 and 2017 in the aftermath of the European economic slowdown. According to estimates by Statista based on data from Eurostat, the next few years also expected to witness a gradual decline with revenues reaching a value of 1,914.5 million U.S. Dollars by 2023.

CPI on food and beverages on the rise

According to Eurostat, the harmonized consumer price index (CPI) for food and non-alcoholic beverages in Switzerland demonstrated an increasing trend between October 2017 and September 2018. This seemingly has led to a decline in retail sales in the industry over the years, despite an average monthly household spending of more than five thousand francs. However, revenues from wholesale of food, beverages and tobacco registered gradual growth between 2013 and 2017, a trend which is expected to be replicated between 2018 and 2023.

Online sales are growing

Switzerland has one of the highest internet penetrations globally. Between April 2018 and September 2018, the share of regular internet users in Switzerland amounted to 90.3 percent, with this contributing directly to an increase in the online commerce and mail order business in the country.

Industry revenue of »retail sale of food, beverages and tobacco« in Switzerland from 2011 to 2023

Revenue in million U.S. Dollars
--
--
--
--
--
--
--
--
--
--
--
--
--
Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$650 per month*
(billed annually)
* All products require an annual contract.
   Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Switzerland. The industry “retail sale of food, beverages and tobacco in specialised stores“ has the code “G472“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Economic Outlook Switzerland"

Further Content: You might find this interesting as well

Statistics

Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.