Netherlands - Sauces and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSauce and Seasoning Price in the Netherlands - 2023
Contents:
- Sauce and Seasoning Price in the Netherlands (FOB) - 2023
- Sauce and Seasoning Price in the Netherlands (CIF) - 2023
- Sauce and Seasoning Exports in the Netherlands
- Sauce and Seasoning Imports in the Netherlands
Sauce and Seasoning Price in the Netherlands (FOB) - 2023
The average sauce and seasoning export price stood at $2,478 per ton in July 2023, surging by 4.9% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in May 2023 when the average export price increased by 12% m-o-m. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($3,483 per ton), while the average price for exports to Sweden ($1,839 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sauce and Seasoning Price in the Netherlands (CIF) - 2023
In July 2023, the average sauce and seasoning import price amounted to $3,055 per ton, rising by 9.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.8%. Over the period under review, average import prices reached the peak figure at $3,109 per ton in May 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($4,384 per ton), while the price for Poland ($1,862 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sauce and Seasoning Exports in the Netherlands
For the fourth year in a row, the Netherlands recorded growth in shipments abroad of sauces and seasonings, which increased by 9.9% to 723K tons in 2022. The total export volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, sauce and seasoning exports surged to $1.5B in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Sauce and Seasoning in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 222 | 238 | 268 | 284 | 8.6% |
Germany | 172 | 189 | 234 | 275 | 16.9% |
Belgium | 90.5 | 94.8 | 122 | 144 | 16.7% |
Turkey | 5.2 | 25.0 | 41.7 | 111 | 177.4% |
France | 71.2 | 79.9 | 96.8 | 105 | 13.8% |
Spain | 40.4 | 43.8 | 55.1 | 68.9 | 19.5% |
Sweden | 38.0 | 42.4 | 42.8 | 52.7 | 11.5% |
Italy | 23.5 | 27.4 | 41.8 | 44.6 | 23.8% |
Denmark | 21.1 | 29.9 | 31.1 | 35.0 | 18.4% |
Poland | 15.5 | 18.0 | 26.4 | 26.7 | 19.9% |
Ireland | 15.4 | 17.0 | 20.6 | 19.5 | 8.2% |
Others | 223 | 267 | 309 | 347 | 15.9% |
Total | 937 | 1,073 | 1,289 | 1,513 | 17.3% |
Top Export Markets for Sauce and Seasoning from the Netherlands in 2022:
- United Kingdom (181.5K tons)
- Germany (133.5K tons)
- Belgium (57.9K tons)
- Turkey (54.1K tons)
- France (48.7K tons)
- Spain (32.7K tons)
- Sweden (24.8K tons)
- Italy (19.3K tons)
- Denmark (12.9K tons)
- Poland (11.9K tons)
- Ireland (9.4K tons)
Sauce and Seasoning Imports in the Netherlands
In 2022, purchases abroad of sauces and seasonings decreased by -2.9% to 261K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports attained the peak of 269K tons, and then dropped slightly in the following year.
In value terms, sauce and seasoning imports rose sharply to $702M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 23%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Import of Sauce and Seasoning in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 92.6 | 104 | 110 | 120 | 9.0% |
Belgium | 72.1 | 74.9 | 94.5 | 101 | 11.9% |
Thailand | 33.6 | 41.0 | 50.9 | 61.3 | 22.2% |
Poland | 40.3 | 44.1 | 55.6 | 59.7 | 14.0% |
United Kingdom | 44.1 | 44.5 | 55.7 | 53.8 | 6.9% |
Italy | 43.4 | 43.3 | 49.4 | 51.0 | 5.5% |
China | 21.9 | 25.9 | 36.8 | 49.9 | 31.6% |
Spain | 19.2 | 28.3 | 31.8 | 47.4 | 35.2% |
France | 24.0 | 19.4 | 19.7 | 25.5 | 2.0% |
Others | 79.4 | 92.0 | 132 | 133 | 18.8% |
Total | 471 | 517 | 636 | 702 | 14.2% |
Top Suppliers of Sauce and Seasoning to the Netherlands in 2022:
- Belgium (36.0K tons)
- Poland (35.6K tons)
- Germany (34.2K tons)
- United Kingdom (24.2K tons)
- Spain (23.8K tons)
- Thailand (21.2K tons)
- China (18.3K tons)
- Italy (15.3K tons)
- France (12.1K tons)
This report provides an in-depth analysis of the sauce and seasoning market in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841210 - Soya sauce
- Prodcom 10841230 - Tomato ketchup and other tomato sauces
- Prodcom 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
- Prodcom 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)
Country coverage:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In May 2023, the price of Soya Sauce was $2,467 per ton (FOB, Netherlands), experiencing a 2.1% increase compared to the previous month.
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In April 2023, the price of Tomato Ketchup was $1,318 per ton (FOB, Netherlands), which was roughly the same as the previous month.
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In May 2023, the price of Soya Sauce was $2,467 per ton (FOB, Netherlands), experiencing a 2.1% increase compared to the previous month.
Analyzing the tomato ketchup exports, the peak figure of 512K tons was reached in 2015. However, from 2016 to 2023, exports remained somewhat lower. In 2023, the value of tomato ketchup exports contracted to $394M.