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Soya Sauce exports reached 26K tons in 2015 but saw a decline in the following years, with exports value dropping to $26M in 2024.
Imports of Soya Sauce reached a peak in 2023 and are projected to continue growing in the near future, with the value of imports significantly increasing to $2.8M in 2023.
Soya Sauce imports reached a peak in 2023 and are set to continue growing. The value of soya sauce imports significantly increased to $53M in 2023.
The growth pace of Soya Sauce imports was at its fastest in October 2023, increasing by 116% month-on-month. However, the value of Soya Sauce imports dropped to $398K in November 2023.
In April 2023, the growth rate for Soya Sauce was at its peak, increasing by 54% month-to-month. By December 2023, the value of soya sauce imports slightly decreased to $8.2M.
In March 2023, the rate of growth for Soya Sauce was recorded at an impressive 51% month-to-month. However, the value of Soya Sauce imports significantly dropped to $246K in November 2023.
During the period of August 2023 to September 2023, the import growth did not pick up steam. However, the value of Soya Sauce imports experienced a significant surge, reaching $318K in September 2023.
The rate of expansion was highest in February 2023 with a 22% month-on-month increase in exports. However, the value of Soya Sauce exports decreased to $6.3M in July 2023.
The price of Soya Sauce in June 2023 was $975 per ton (FOB, China), which is a decrease of -3.7% compared to the previous month.
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.
In March 2023, the soya sauce price amounted to $2,197 per ton (CIF, Poland), surging by 44% against the previous month.
In November of 2022, CIF soya sauce prices in the United Kingdom rose 4.5% to $2,103 per ton compared to the previous month.
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