Latest Report Update: Mar 1, 2023
U.S. - Vinegar - Market Analysis, Forecast, Size, Trends And Insights
Subscription
Online access and download
from $280/month
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
Article Publishing Date: Feb 6, 2023
Vinegar Import in America Reduces to 8.7K Tons in November 2022
U.S. Vinegar Imports
In November 2022, vinegar imports into the United States reduced to 8.7K tons, shrinking by -6.1% on October 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when imports increased by 45% month-to-month. Imports peaked at 11K tons in June 2022; however, from July 2022 to November 2022, imports remained at a lower figure.
In value terms, vinegar imports shrank to $14M (IndexBox estimates) in November 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when imports increased by 28% month-to-month. Imports peaked at 17K tons in June 2022; however, from July 2022 to November 2022, imports failed to regain momentum.
Imports by Country
In November 2022, Italy (5.7K tons) constituted the largest supplier of vinegar to the United States, accounting for a 66% share of total imports. Moreover, vinegar imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (517 tons), more than tenfold. The Philippines (444 tons) ranked third in terms of total imports with a 5.1% share.
From January 2022 to November 2022, the average monthly growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Spain (-1.5% per month) and the Philippines (-3.9% per month).
In value terms, Italy ($9.9M) constituted the largest supplier of vinegar to the United States, comprising 73% of total imports. The second position in the ranking was taken by Spain ($1M), with a 7.4% share of total imports. It was followed by France, with a 3.1% share.
From January 2022 to November 2022, the average monthly rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Spain (+3.5% per month) and France (+1.6% per month).
Import Prices by Country
In November 2022, the vinegar price stood at $1,561 per ton (CIF, US), approximately reflecting the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2022 an increase of 24% m-o-m. Over the period under review, average import prices attained the peak figure at $1,891 per ton in July 2022; however, from August 2022 to November 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2022, the country with the highest price was Spain ($1,946 per ton), while the price for Canada ($731 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Vinegar Market Overview
Vinegar is a versatile ingredient that can be used in a variety of dishes, from salads to main courses. It is also a popular condiment, used to add flavor to food or to create a more acidic taste. As consumers become more interested in healthy eating, they are looking for products that are low in calories and fat but still pack a flavorful punch. Vinegar fits this bill perfectly, and its popularity has been on the rise in recent years.
However, the growth of the vinegar market in the US may be hindered by certain factors such as fluctuating raw material prices, increased competition from local players, and changing consumer preferences. Nevertheless, the growing health consciousness among consumers and their preference for natural ingredients are expected to create opportunities for vinegar market players in the United States.
This report provides an in-depth analysis of the vinegar market in the U.S.. 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 10841130 - Vinegar and substitutes for vinegar made from wine
• Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)
Country coverage:
• United States
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
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
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET
•
•
•
