EU: Market for Mixed Condiments, Sauses and Seasonings 2022

Market Size for Mixed Condiments, Sauses and Seasonings in the EU

In 2021, the EU market for mixed condiments, sauses and seasonings was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Mixed Condiments, Sauses and Seasonings in the EU

In value terms, mixed condiment, sause and seasoning production expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 13%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2021.

Exports of Mixed Condiments, Sauses and Seasonings

Exports in the EU

Mixed condiment, sause and seasoning exports reached X tons in 2021, surging by 11% against 2020. Total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +68.6% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning exports soared to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +68.8% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the six major exporters of mixed condiments, sauses and seasonings, namely Italy, the Netherlands, Germany, Belgium, Poland and Spain, represented more than two-thirds of total export. France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +14.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2021, with a combined 52% share of total exports.

In terms of the main exporting countries, Italy, with a CAGR of +11.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, with an increase of 5.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Germany ($X per ton) and Italy ($X per ton), while Spain ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.7%), while the other leaders experienced more modest paces of growth.

Imports of Mixed Condiments, Sauses and Seasonings

Imports in the EU

In 2021, approx. X tons of mixed condiments, sauses and seasonings were imported in the European Union; with an increase of 13% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning imports surged to $X in 2021. The total import value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons) and the Netherlands (X tons) represented roughly 45% of total imports in 2021. Belgium (X tons) took the next position in the ranking, followed by Italy (X tons), Poland (X tons) and Spain (X tons). All these countries together held near 23% share of total imports. Sweden (X tons), Ireland (X tons), the Czech Republic (X tons), Romania (X tons), Denmark (X tons) and Austria (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +11.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed condiment, sause and seasoning importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 44% share of total imports. Belgium, Poland, Italy, Sweden, Spain, Ireland, Denmark, Austria, the Czech Republic and Romania lagged somewhat behind, together accounting for a further 42%.

In terms of the main importing countries, Romania, with a CAGR of +10.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, with an increase of 5.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 6.8%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Denmark ($X per ton) and Austria ($X per ton), while the Czech Republic ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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