Ireland: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Ireland

The Irish market for mixed condiments, sauses and seasonings reduced to $X in 2022, which is down by -3.3% against the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +12.2% against 2020 indices. Mixed condiment, sause and seasoning consumption peaked at $X in 2021, and then contracted modestly in the following year.

Production of Mixed Condiments, Sauses and Seasonings in Ireland

In value terms, mixed condiment, sause and seasoning production reduced dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a significant increase. The growth pace was the most rapid in 2021 when the production volume increased by 15,838%. As a result, production reached the peak level of $X, and then shrank dramatically in the following year.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from Ireland

After eight years of growth, overseas shipments of mixed condiments, sauses and seasonings decreased by -5.8% to X tons in 2022. Overall, exports, however, posted strong growth. The growth pace was the most rapid in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, mixed condiment, sause and seasoning exports expanded modestly to $X in 2022. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 441% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for mixed condiment, sause and seasoning exports from Ireland, with a 90% share of total exports. It was followed by Sweden (X tons), with a 2.1% share of total exports. The United Arab Emirates (X tons) ranked third in terms of total exports with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+61.5% per year) and the United Arab Emirates (+54.2% per year).

In value terms, the UK ($X) emerged as the key foreign market for mixed condiments, sauses and seasonings exports from Ireland, comprising 90% of total exports. The second position in the ranking was held by the United States ($X), with a 2.2% share of total exports. It was followed by the United Arab Emirates, with a 1.5% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled +24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+2.8% per year) and the United Arab Emirates (+44.6% per year).

Export Prices by Country

In 2022, the average export price for mixed condiments, sauses and seasonings amounted to $X per ton, rising by 9% against the previous year. Overall, the export price enjoyed a noticeable increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 314%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden ($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 the UK (+5.2%), while the prices for the other major destinations experienced a decline.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into Ireland

In 2022, after two years of decline, there was significant growth in purchases abroad of mixed condiments, sauses and seasonings, when their volume increased by 12% to X tons. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.4% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 18% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, mixed condiment, sause and seasoning imports expanded notably to $X in 2022. In general, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 2017 when imports increased by 27%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of mixed condiment, sause and seasoning to Ireland, with a 69% share of total imports. Moreover, mixed condiment, sause and seasoning imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), ninefold. The Netherlands (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 the UK totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.1% per year) and the Netherlands (-0.7% per year).

In value terms, the UK ($X) constituted the largest supplier of mixed condiments, sauses and seasonings to Ireland, comprising 69% of total imports. The second position in the ranking was taken by Germany ($X), with a 7.7% share of total imports. It was followed by Thailand, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value from the UK amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.0% per year) and Thailand (+8.6% per year).

Import Prices by Country

In 2022, the average import price for mixed condiments, sauses and seasonings amounted to $X per ton, shrinking by -1.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 16%. The import price peaked at $X per ton in 2013; however, from 2014 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 Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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