Ukraine: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Ukraine

The Ukrainian market for mixed condiments, sauses and seasonings expanded slightly to $X in 2022, picking up by 2.7% against the previous year. In general, consumption, however, continues to indicate a perceptible curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Mixed Condiments, Sauses and Seasonings in Ukraine

In value terms, mixed condiment, sause and seasoning production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a perceptible descent. The growth pace was the most rapid in 2017 when the production volume increased by 32% against the previous year. Mixed condiment, sause and seasoning production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from Ukraine

In 2022, overseas shipments of mixed condiments, sauses and seasonings decreased by -52.9% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of 30%. The exports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, mixed condiment, sause and seasoning exports reduced markedly to $X in 2022. In general, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 29%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced notably in the following year.

Exports by Country

Moldova (X tons), Germany (X tons) and Georgia (X tons) were the main destinations of mixed condiment, sause and seasoning exports from Ukraine, with a combined 47% share of total exports. Bulgaria, Canada, Guinea, Poland, Latvia, Belarus, Uzbekistan, Hungary, Congo and the United States lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +145.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixed condiment, sause and seasoning exported from Ukraine were Moldova ($X), Germany ($X) and Georgia ($X), together comprising 50% of total exports. Bulgaria, Canada, Guinea, Poland, Uzbekistan, Belarus, the United States, Congo, Latvia and Hungary lagged somewhat behind, together comprising a further 31%.

Among the main countries of destination, Poland, with a CAGR of +140.1%, saw 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

The average export price for mixed condiments, sauses and seasonings stood at $X per ton in 2022, with an increase of 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($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 Congo (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into Ukraine

In 2022, approx. X tons of mixed condiments, sauses and seasonings were imported into Ukraine; reducing by -14.5% on the year before. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 23%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, mixed condiment, sause and seasoning imports dropped to $X in 2022. Over the period under review, imports showed a slight downturn. The growth pace was the most rapid in 2019 when imports increased by 18%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of mixed condiment, sause and seasoning imports to Ukraine, together comprising 60% of total imports. Slovakia, Hungary, the Netherlands, China, Italy, Thailand, the UK, France and Slovenia lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +88.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed condiment, sause and seasoning suppliers to Ukraine were Germany ($X), Poland ($X) and Austria ($X), together accounting for 59% of total imports. Slovakia, Hungary, the Netherlands, Italy, China, the UK, France, Thailand and Slovenia lagged somewhat behind, together comprising a further 31%.

Among the main suppliers, Slovenia, with a CAGR of +80.4%, 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 average import price for mixed condiments, sauses and seasonings stood at $X per ton in 2022, approximately equating the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 8.4% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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