Europe: Vinegar Market 2024

Vinegar Market Size in Europe

The Europe vinegar market expanded markedly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Vinegar Production in Europe

In value terms, vinegar production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Vinegar Exports

Exports in Europe

In 2022, overseas shipments of vinegar decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped slightly in the following year.

In value terms, vinegar exports shrank to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

In 2022, Italy (X tons), distantly followed by Spain (X tons), France (X tons), Germany (X tons), Greece (X tons), the Netherlands (X tons) and the Czech Republic (X tons) represented the major exporters of vinegar, together creating X% of total exports. The following exporters - Slovakia (X tons), the UK (X tons), Austria (X tons), Belgium (X tons) and Portugal (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest vinegar supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

In Italy, vinegar exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, dropping by X% against the previous year. In general, the export price showed a mild descent. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced more modest paces of growth.

Vinegar Imports

Imports in Europe

In 2022, vinegar imports in Europe expanded modestly to X tons, increasing by X% on 2021. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, vinegar imports shrank to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Italy (X tons), Germany (X tons), France (X tons), the Netherlands (X tons), the UK (X tons), Spain (X tons), Belgium (X tons), Hungary (X tons), the Czech Republic (X tons), Poland (X tons), Switzerland (X tons) and Russia (X tons) was the major importer of vinegar in Europe, achieving X% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Italy, the Netherlands, Switzerland, Spain, Belgium, Poland, the Czech Republic, Hungary and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Hungary, with a CAGR of X%, recorded 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

In 2022, the import price in Europe amounted to $X per ton, which is down by X% against the previous year. Overall, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform