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Netherlands - Soya Sauce - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoya Sauce Price in the Netherlands - 2023
Contents:
- Soya Sauce Price in the Netherlands (FOB) - 2023
- Soya Sauce Price in the Netherlands (CIF) - 2023
- Soya Sauce Exports in the Netherlands
- Soya Sauce Imports in the Netherlands
Soya Sauce Price in the Netherlands (FOB) - 2023
The average soya sauce export price stood at $2,524 per ton in June 2023, picking up by 2.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 12% m-o-m. The export price peaked in June 2023.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Switzerland ($4,474 per ton), while the average price for exports to the Czech Republic ($1,856 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 Ireland (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Soya Sauce Price in the Netherlands (CIF) - 2023
The average soya sauce import price stood at $2,186 per ton in June 2023, rising by 18% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($3,520 per ton), while the price for Taiwan (Chinese) ($1,261 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 Indonesia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Soya Sauce Exports in the Netherlands
After three years of growth, overseas shipments of soya sauce decreased by -3.2% to 72K tons in 2022. The total export volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 19%.
In value terms, soya sauce exports declined to $167M in 2022. The total export value increased at an average annual rate of +11.5% 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 exports increased by 28% against the previous year.
Export of Soya Sauce in the Netherlands (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 25.3 | 29.7 | 38.6 | 34.7 | 11.1% |
France | 19.2 | 26.3 | 29.5 | 26.0 | 10.6% |
United Kingdom | 10.7 | 15.1 | 12.0 | 14.5 | 10.7% |
Italy | 7.7 | 10.0 | 16.7 | 14.1 | 22.3% |
Belgium | 6.2 | 9.2 | 9.6 | 9.7 | 16.1% |
Spain | 7.3 | 8.7 | 9.7 | 9.7 | 9.9% |
Poland | 3.2 | 4.1 | 7.1 | 7.2 | 31.0% |
Sweden | 4.1 | 5.0 | 6.2 | 6.7 | 17.8% |
Norway | 5.6 | 6.2 | 7.1 | 6.5 | 5.1% |
Austria | 3.7 | 4.8 | 6.0 | 5.7 | 15.5% |
Switzerland | 4.0 | 6.0 | 5.6 | 5.4 | 10.5% |
Finland | 2.3 | 2.9 | 3.3 | 2.9 | 8.0% |
Czech Republic | 1.5 | 2.3 | 2.7 | 2.5 | 18.6% |
Others | 19.6 | 24.3 | 29.9 | 21.4 | 3.0% |
Total | 120 | 155 | 184 | 167 | 11.6% |
Top Export Markets for Soya Sauce from the Netherlands in 2022:
- Germany (15.1K tons)
- France (10.7K tons)
- Italy (6.4K tons)
- Belgium (5.0K tons)
- United Kingdom (4.9K tons)
- Spain (4.7K tons)
- Sweden (3.2K tons)
- Poland (3.1K tons)
- Austria (2.5K tons)
- Czech Republic (1.6K tons)
- Finland (1.5K tons)
- Switzerland (1.4K tons)
- Norway (1.4K tons)
Soya Sauce Imports in the Netherlands
In 2022, supplies from abroad of soya sauce decreased by -7.6% to 23K 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 +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 11%. As a result, imports reached the peak of 25K tons, and then shrank in the following year.
In value terms, soya sauce imports declined to $45M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +39.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, imports attained the peak of $51M, and then declined in the following year.
Import of Soya Sauce in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.5 | 14.8 | 16.1 | 14.0 | 6.8% |
China | 6.6 | 7.3 | 10.3 | 10.0 | 14.9% |
Japan | 3.5 | 3.8 | 5.7 | 4.8 | 11.1% |
Indonesia | 2.3 | 2.2 | 2.5 | 3.8 | 18.2% |
Thailand | 2.0 | 2.6 | 3.1 | 3.3 | 18.2% |
Singapore | 0.4 | 0.4 | 5.2 | 1.3 | 48.1% |
United Kingdom | 1.9 | 2.2 | 1.3 | 1.3 | -11.9% |
Hong Kong SAR | 0.8 | 0.8 | 1.4 | 1.2 | 14.5% |
Taiwan (Chinese) | 0.4 | 0.6 | 0.8 | 0.9 | 31.0% |
United States | 1.2 | 1.4 | 1.4 | 0.7 | -16.4% |
Others | 1.6 | 3.7 | 3.7 | 3.3 | 27.3% |
Total | 32.2 | 40.0 | 51.5 | 44.7 | 11.6% |
Top Suppliers of Soya Sauce to the Netherlands in 2022:
- China (6.5K tons)
- Germany (5.5K tons)
- Indonesia (2.6K tons)
- Japan (2.2K tons)
- Thailand (1.5K tons)
- Singapore (0.7K tons)
- Taiwan (Chinese) (0.6K tons)
- United Kingdom (0.6K tons)
- Hong Kong SAR (0.6K tons)
- United States (0.3K tons)
This report provides an in-depth analysis of the soya sauce 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
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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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.