United Kingdom: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in the UK

The UK market for mixed condiments, sauses and seasonings shrank modestly to $X in 2022, almost unchanged from the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Mixed Condiments, Sauses and Seasonings in the UK

In value terms, mixed condiment, sause and seasoning production totaled $X in 2022 estimated in export price. Overall, production recorded a mild setback. The pace of growth was the most pronounced in 2019 with an increase of 9.4%. Mixed condiment, sause and seasoning production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from the UK

In 2022, after two years of decline, there was growth in shipments abroad of mixed condiments, sauses and seasonings, when their volume increased by 3.8% to X tons. The total export volume increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 55%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, mixed condiment, sause and seasoning exports expanded to $X in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 16%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Ireland (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of mixed condiment, sause and seasoning exports from the UK, together accounting for 47% of total exports. Spain, Australia, the United States, Poland, Belgium, Sweden, Canada, Italy, Portugal and Russia lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +17.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), the Netherlands ($X) and France ($X) appeared to be the largest markets for mixed condiment, sause and seasoning exported from the UK worldwide, with a combined 43% share of total exports. Spain, the United States, Belgium, Poland, Australia, Sweden, Russia, Portugal, Italy and Canada lagged somewhat behind, together accounting for a further 33%.

Among the main countries of destination, the United States, with a CAGR of +16.6%, 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

In 2022, the average export price for mixed condiments, sauses and seasonings amounted to $X per ton, almost unchanged from the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 39% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Australia ($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 Belgium (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into the UK

In 2022, imports of mixed condiments, sauses and seasonings into the UK expanded notably to X tons, surging by 8.4% on the previous year. The total import volume increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 13% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, mixed condiment, sause and seasoning imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of mixed condiment, sause and seasoning imports to the UK, with a combined 44% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +10.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and Germany ($X) constituted the largest mixed condiment, sause and seasoning suppliers to the UK, together accounting for 40% of total imports. Poland, Spain, Thailand, France, Ireland, Belgium, China, the United States, Hong Kong SAR and Portugal lagged somewhat behind, together comprising a further 44%.

Among the main suppliers, Poland, with a CAGR of +11.9%, saw the highest growth rate of 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, increasing by 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2021 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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