U.S. - Sauces and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSauce and Seasoning Prices in the United States
U.S. Sauce and Seasoning Import Price per Ton in June 2022
In June 2022, the sauce and seasoning price per ton amounted to $2.0K (CIF, US), which is down by -5.8% against the previous month. Over the last five months, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in February 2022 an increase of 13% m-o-m. The import price peaked at $2.1K per ton in May 2022, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($4.6K per ton), while the price for Italy ($1.0K per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Sauce and Seasoning Imports
In July 2022, the amount of sauces and seasonings imported into the United States fell notably to 83K tons, dropping by -17% on June 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when imports increased by 28% m-o-m.
In value terms, sauce and seasoning imports shrank dramatically to $164M (IndexBox estimates) in July 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when imports increased by 28% m-o-m.
U.S. Sauce and Seasoning Imports by Country
In June 2022, Italy (34K tons) constituted the largest sauce and seasoning supplier to the United States, with a 35% share of total imports. Moreover, sauce and seasoning imports from Italy exceeded the figures recorded by the second-largest supplier, Mexico (17K tons), twofold. Canada (15K tons) ranked third in terms of total imports with a 16% share.
From January 2022 to June 2022, the average monthly rate of growth in terms of volume from Italy amounted to +1.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+13.4% per month) and Canada (+1.2% per month).
In value terms, Canada ($48M), Mexico ($37M) and Italy ($36M) constituted the largest sauce and seasoning suppliers to the United States, with a combined 61% share of total imports.
Mexico, with a CAGR of +13.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the sauce and seasoning market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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In 2020, American sauce and seasoning imports continued to follow a decade-long upward trend, growing by +18% y-o-y in value terms. From 2010 to 2020, imports increased twofold, from $791M to $1.6B. Italy, Mexico and Canada represent the largest sauce supplies, accounting for 64% of American imports. The average import price for sauces and seasonings rose by +2.4% y-o-y to $1,999 per ton in 2020.
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In June 2022, the tomato ketchup price per ton amounted to $1,087, remaining stable against the previous month.
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In Apr 2022, Canada (12K tons) is the main destination for tomato ketchup exports from the United States, accounting for a 51% share of total exports.
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The price of Prepared Mustard in July 2023 was $1,554 per ton (FOB, US), reflecting a 2.3% increase compared to the previous month.
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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...
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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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In 2020, American sauce and seasoning imports continued to follow a decade-long upward trend, growing by +18% y-o-y in value terms. From 2010 to 2020, imports increased twofold, from $791M to $1.6B. Italy, Mexico and Canada represent the largest sauce supplies, accounting for 64% of American imports. The average import price for sauces and seasonings rose by +2.4% y-o-y to $1,999 per ton in 2020.
541
In June 2022, the tomato ketchup price per ton amounted to $1,087, remaining stable against the previous month.
