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Austria - Soya Sauce - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoya Sauce Price in Austria - 2023
Contents:
- Soya Sauce Price in Austria (CIF) - 2023
- Soya Sauce Price in Austria (FOB) - 2023
- Soya Sauce Imports in Austria
- Soya Sauce Exports in Austria
Soya Sauce Price in Austria (CIF) - 2023
In June 2023, the average soya sauce import price amounted to $3,050 per ton, picking up by 12% against the previous month. Over the period under review, import price indicated a slight increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, soya sauce import price increased by +31.7% against April 2023 indices. The growth pace was the most rapid in March 2023 when the average import price increased by 26% month-to-month. Over the period under review, average import prices reached the maximum at $3,249 per ton in November 2022; however, from December 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($5,719 per ton), while the price for China ($1,980 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Soya Sauce Price in Austria (FOB) - 2023
In June 2023, the average soya sauce export price amounted to $3,609 per ton, rising by 38% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Slovakia ($5,697 per ton), while the average price for exports to the Czech Republic ($3,064 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Soya Sauce Imports in Austria
In 2022, purchases abroad of soya sauce decreased by -2.7% to 3.6K 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 +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year.
In value terms, soya sauce imports fell rapidly to $9M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +41.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year.
Import of Soya Sauce in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.3 | 5.0 | 5.6 | 5.8 | 20.7% |
Netherlands | 0.9 | 1.2 | 1.8 | 1.3 | 13.0% |
South Korea | 0.4 | 0.3 | 0.5 | 0.6 | 14.5% |
China | 0.7 | 0.9 | 1.4 | 0.4 | -17.0% |
Malaysia | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
Japan | 0.4 | 0.3 | 0.4 | 0.2 | -20.6% |
Thailand | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
Others | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
Total | 6.4 | 8.4 | 10.7 | 9.0 | 12.0% |
Top Suppliers of Soya Sauce to Austria in 2022:
- Germany (2220.1 tons)
- Netherlands (509.8 tons)
- South Korea (324.0 tons)
- China (226.8 tons)
- Japan (134.3 tons)
- Malaysia (98.9 tons)
- Thailand (6.5 tons)
Soya Sauce Exports in Austria
For the fourth consecutive year, Austria recorded growth in shipments abroad of soya sauce, which increased by 19% to 2.6K tons in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, soya sauce exports shrank to $7M in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 79% against the previous year.
Export of Soya Sauce in Austria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,559 | 4,038 | 4,742 | 4,393 | 41.2% |
Italy | 86.1 | 185 | 587 | 601 | 91.1% |
Czech Republic | 386 | 298 | 559 | 487 | 8.1% |
Hungary | 226 | 178 | 386 | 380 | 18.9% |
Germany | 202 | 188 | 318 | 292 | 13.1% |
Romania | 118 | 143 | 336 | 243 | 27.2% |
Slovakia | 133 | 132 | 214 | 208 | 16.1% |
Poland | 133 | 137 | 115 | 110 | -6.1% |
Others | 227 | 197 | 300 | 315 | 11.5% |
Total | 3,071 | 5,497 | 7,557 | 7,027 | 31.8% |
Top Export Markets for Soya Sauce from Austria in 2022:
- Spain (1697.7 tons)
- Italy (201.4 tons)
- Czech Republic (176.8 tons)
- Hungary (132.2 tons)
- Germany (94.8 tons)
- Slovakia (68.0 tons)
- Romania (66.9 tons)
- Poland (48.7 tons)
This report provides an in-depth analysis of the soya sauce market in Austria. 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
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- 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.
-
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
-
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
-
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
-
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 value terms, sauces imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated some no...
In value terms, sauces exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nin...
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