Report Update Nov 1, 2024

Puerto Rico - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Mixed Condiments, Sauses and Seasonings 2022

Market Size for Mixed Condiments, Sauses and Seasonings in Puerto Rico

The Puerto Rican market for mixed condiments, sauses and seasonings dropped to $X in 2021, with a decrease of -8.7% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Mixed Condiments, Sauses and Seasonings in Puerto Rico

In value terms, mixed condiment, sause and seasoning production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 22% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Mixed Condiments, Sauses and Seasonings

Exports by Country

The shipments of the twelve major exporters of mixed condiments, sauses and seasonings, namely the United States, China, Thailand, Italy, the Netherlands, Germany, Belgium, Mexico, Poland, Spain, the UK and Russia, represented more than two-thirds of total export. Canada (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, the largest mixed condiment, sause and seasoning supplying countries from Puerto Rico were China ($X), the United States ($X) and Italy ($X), together comprising 32% of total exports.

Among the main exporting countries, China, with a CAGR of +13.9%, 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 Puerto Rico amounted to less than $X per ton, remaining constant against the previous year. Over the period under review, the export price showed a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the other leaders experienced more modest paces of growth.

Imports of Mixed Condiments, Sauses and Seasonings

Imports by Country

In 2021, the United States (X tons), distantly followed by the UK (X tons) were the key importers of mixed condiments, sauses and seasonings, together achieving 22% of total imports. Germany (X tons), Canada (X tons), France (X tons), the Netherlands (X tons), South Korea (X tons), Hong Kong SAR (X tons), Australia (X tons), Japan (X tons), Belgium (X tons), the Philippines (X tons) and Mexico (X tons) held a relatively small share of total imports.

The United States was also the fastest-growing in terms of the mixed condiments, sauses and seasonings imports, with a CAGR of +7.4% from 2012 to 2021. At the same time, the Philippines (+6.7%), Belgium (+6.7%), the Netherlands (+6.1%), Canada (+5.7%), Hong Kong SAR (+5.6%), Germany (+5.0%), France (+4.4%), the UK (+4.1%), Mexico (+3.7%) and South Korea (+3.2%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, Australia (-1.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +2.8 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), the UK ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 23% of total imports.

The United States, with a CAGR of +7.8%, saw the highest growth rate of the value of imports, among the main importing countries 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 Puerto Rico stood at less than $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the import price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mixed condiments, sauses and seasonings in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 29% of global consumption. Indonesia, Japan, the UK, Russia, Bangladesh, Brazil, Germany, Pakistan and Mexico lagged somewhat behind, together comprising a further 25%.

What are the largest producers of mixed condiments, sauses and seasonings in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 30% of global production. These countries were followed by Indonesia, Japan, Russia, Bangladesh, Brazil, the UK, Germany, Pakistan, Mexico and Thailand, which together accounted for a further 27%.

What are the leading suppliers of mixed condiments, sauses and seasonings to Puerto Rico?

In value terms, the United States constitutes the largest market for imported mixed condiments, sauses and seasonings into Puerto Rico, comprising 13% of global imports. The second position in the ranking was occupied by the UK, with a 6.3% share of global imports. It was followed by Canada, with a 5% share.

What are the leading importers of mixed condiments, sauses and seasonings from Puerto Rico?

In value terms, the United States, Italy and Germany were the countries with the highest levels of exports in 2021, with a combined 29% share of total exports.

What is the average export price for mixed condiments, sauses and seasonings in Puerto Rico?

In 2021, the d seasonings in Puerto Rico amounted to $less than 0.1 per ton, flattening at the previous year.

What is the average import price for mixed condiments, sauses and seasonings in Puerto Rico?

In 2021, the d seasonings in Puerto Rico amounted to $less than 0.1 per ton, almost unchanged from the previous year.

This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023