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Italy - Sauces and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Italy - Sauces and Seasonings - Market Analysis, Forecast, Size, Trends And Insights

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Sep 15, 2023

Average Price of Sauce and Seasoning in Italy: $3,614 per Ton

Italy Sauce and Seasoning Export Price in May 2023

In May 2023, the sauce and seasoning price stood at $3,614 per ton, therefore (FOB, Italy), remained relatively stable against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in April 2023 an increase of 8.2% against the previous month. As a result, the export price reached the peak level of $3,625 per ton, leveling off in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($4,519 per ton), while the average price for exports to France ($2,677 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Italy Sauce and Seasoning Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Sauce and Seasoning in Italy (USD per ton)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
Netherlands2,9563,3523,0033,2723,6593,3423,4903,5923,8963,3524,0714,2584,519
Switzerland3,4903,2093,4313,4663,2813,3713,3653,6373,8694,1353,8903,9464,072
Germany2,6782,6802,5172,5022,4642,6262,7752,8772,7753,2143,1453,5813,680
United States2,4462,5282,5322,8522,7422,6702,8272,6872,6382,6813,4033,5743,613
Poland2,1152,6441,8961,8681,8351,8952,1892,9472,4122,3872,8903,7483,371
United Kingdom2,5362,3552,5602,5702,7542,7132,5282,4702,8362,7932,8273,0883,129
France2,4492,4472,3452,6312,4682,6402,7042,9782,9072,7302,9642,9942,677
Average2,7272,7972,6882,8572,7962,8032,9502,9892,9713,1063,3513,6253,614

Italy Sauce and Seasoning Exports

In May 2023, the amount of sauces and seasonings exported from Italy surged to 49K tons, rising by 28% against the month before. Over the period under review, exports, however, recorded a relatively flat trend pattern.

In value terms, sauce and seasoning exports surged to $179M (IndexBox estimates) in May 2023. The total export value increased at an average monthly rate of +1.9% from May 2022 to May 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Italy Sauce and Seasoning Exports by Country

The United States (12K tons), France (8.4K tons) and Germany (8.2K tons) were the main destinations of sauce and seasoning exports from Italy, together accounting for 57% of total exports. The UK, Australia, Switzerland, Poland, the Netherlands, Spain, Belgium and Austria lagged somewhat behind, together comprising a further 27%.

From May 2022 to May 2023, the biggest increases were in Australia (with a CAGR of +3.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sauce and seasoning exported from Italy were the United States ($42M), Germany ($30M) and France ($22M), together comprising 53% of total exports. These countries were followed by the UK, Australia, Switzerland, Spain, the Netherlands, Poland, Belgium and Austria, which together accounted for a further 28%.

In terms of the main countries of destination, Australia, with a CAGR of +5.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sauce and seasoning market in Italy. 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:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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