Belarus: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Belarus

The Belarusian market for mixed condiments, sauses and seasonings skyrocketed to $X in 2022, with an increase of 17% against the previous year. In general, consumption, however, showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Mixed Condiments, Sauses and Seasonings in Belarus

In value terms, mixed condiment, sause and seasoning production surged to $X in 2022 estimated in export price. In general, production, however, showed a abrupt decline. The pace of growth was the most pronounced in 2020 when the production volume increased by 287% against the previous year. Mixed condiment, sause and seasoning production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from Belarus

After two years of growth, overseas shipments of mixed condiments, sauses and seasonings decreased by -29.3% to X tons in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 172%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, mixed condiment, sause and seasoning exports contracted remarkably to $X in 2022. Over the period under review, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by 163% against the previous year. The exports peaked at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

Russia (X tons) was the main destination for mixed condiment, sause and seasoning exports from Belarus, with a 88% share of total exports. Moreover, mixed condiment, sause and seasoning exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +23.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+19.0% per year) and Kazakhstan (+27.9% per year).

In value terms, Russia ($X) remains the key foreign market for mixed condiments, sauses and seasonings exports from Belarus, comprising 85% of total exports. The second position in the ranking was held by Ukraine ($X), with a 9.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+24.2% per year) and Kazakhstan (+24.4% per year).

Export Prices by Country

The average export price for mixed condiments, sauses and seasonings stood at $X per ton in 2022, which is down by -37.9% against the previous year. In general, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of 38%. As a result, the export price attained the peak level of $X per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+4.4%), while the prices for the other major destinations experienced a decline.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into Belarus

In 2022, purchases abroad of mixed condiments, sauses and seasonings decreased by -7.6% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 28% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, mixed condiment, sause and seasoning imports rose to $X in 2022. The total import value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 27%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of mixed condiment, sause and seasoning to Belarus, with a 80% share of total imports. Moreover, mixed condiment, sause and seasoning imports from Russia exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. Ukraine (X tons) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+9.0% per year) and Ukraine (-0.8% per year).

In value terms, Russia ($X) constituted the largest supplier of mixed condiments, sauses and seasonings to Belarus, comprising 64% of total imports. The second position in the ranking was taken by Germany ($X), with a 9% share of total imports. It was followed by Poland, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.9% per year) and Poland (+4.2% per year).

Import Prices by Country

In 2022, the average import price for mixed condiments, sauses and seasonings amounted to $X per ton, rising by 10% against the previous year. Over the period under review, the import price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of 14%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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