Netherlands: Soya Sauce Market 2025

Soya Sauce Market Size in the Netherlands

The Dutch soya sauce market surged to $X in 2022, rising by 171% against the previous year. Over the period under review, consumption saw significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Soya Sauce Production in the Netherlands

In value terms, soya sauce production surged to $X in 2022 estimated in export price. In general, production saw resilient growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 34% against the previous year. Over the period under review, production hit record highs in 2022 and is likely to continue growth in the near future.

Soya Sauce Exports

Exports from the Netherlands

In 2022, shipments abroad of soya sauce decreased by -3.2% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.9% 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 +83.9% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 20%. The exports peaked at X tons in 2021, and then contracted slightly in the following year.

In value terms, soya sauce exports reduced to $X in 2022. Overall, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 +100.5% against 2015 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 28% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main destinations of soya sauce exports from the Netherlands, with a combined 45% share of total exports. Belgium, the UK, Spain, Sweden, Poland, Austria, the Czech Republic, Finland, Norway and Switzerland lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +17.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soya sauce exported from the Netherlands were Germany ($X), France ($X) and the UK ($X), with a combined 45% share of total exports. Italy, Belgium, Spain, Poland, Sweden, Norway, Austria, Switzerland, Finland and the Czech Republic lagged somewhat behind, together comprising a further 42%.

Among the main countries of destination, Poland, with a CAGR of +15.6%, recorded the highest rates of growth with regard to 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 2022, the average soya sauce export price amounted to $X per ton, shrinking by -6.2% against the previous year. Overall, the export price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 8%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Czech Republic ($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 Switzerland (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Soya Sauce Imports

Imports into the Netherlands

In 2022, after two years of growth, there was significant decline in supplies from abroad of soya sauce, when their volume decreased by -7.6% to X tons. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.8% 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 +76.1% against 2012 indices. The growth pace was the most rapid in 2015 when imports increased by 24%. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, soya sauce imports fell to $X in 2022. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

China (X tons), Germany (X tons) and Indonesia (X tons) were the main suppliers of soya sauce imports to the Netherlands, together comprising 65% of total imports. Japan, Thailand, Singapore, Taiwan (Chinese), the UK and the United States lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +11.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soya sauce suppliers to the Netherlands were Germany ($X), China ($X) and Japan ($X), together accounting for 64% of total imports. Indonesia, Thailand, the UK, Singapore, Taiwan (Chinese) and the United States lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Singapore, with a CAGR of +15.3%, 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

In 2022, the average soya sauce import price amounted to $X per ton, shrinking by -6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

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

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

Source: IndexBox Platform

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