Report Update: Apr 1, 2024

Portugal - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Mixed Condiment, Sause and Seasoning in Portugal - 2023

Price for Mixed Condiment, Sause and Seasoning in Portugal (CIF) - 2023

In June 2023, the average import price for mixed condiments, sauses and seasonings amounted to $2,963 per ton, picking up by 21% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 29% month-to-month. As a result, import price reached the peak level of $3,367 per ton. From May 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($6,527 per ton), while the price for Thailand ($1,797 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mixed Condiment, Sause and Seasoning in Portugal (FOB) - 2023

In June 2023, the average export price for mixed condiments, sauses and seasonings amounted to $2,599 per ton, with an increase of 3.8% against the previous month. Overall, the export price, however, showed a slight slump. The growth pace was the most rapid in February 2023 an increase of 31% m-o-m. Over the period under review, the average export prices reached the maximum at $2,980 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Germany ($4,428 per ton), while the average price for exports to Angola ($2,281 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Condiment, Sause and Seasoning in Portugal

In 2022, the amount of mixed condiments, sauses and seasonings imported into Portugal surged to 28K tons, growing by 22% on 2021 figures. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning imports soared to $83M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Import of Mixed Condiment, Sause and Seasoning in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	24.6	24.4	31.0	40.5	18.1%
Germany	5.5	6.8	5.4	8.2	14.2%
France	2.6	1.8	4.7	6.9	38.4%
Italy	3.2	2.6	2.9	4.9	15.3%
United Kingdom	7.5	7.3	6.2	4.9	-13.2%
Netherlands	1.4	1.6	4.3	4.4	46.5%
Japan	3.1	2.2	3.8	3.6	5.1%
China	0.8	1.1	1.2	1.8	31.0%
Poland	1.2	0.9	1.1	1.3	2.7%
Slovenia	1.4	0.9	1.0	1.3	-2.4%
Thailand	0.6	0.4	0.7	1.1	22.4%
Others	3.0	2.6	4.3	4.1	11.0%
Total	54.8	52.6	66.5	82.8	14.7%

Top Suppliers of Mixed Condiment, Sause and Seasoning to Portugal in 2022:

Spain (15.9K tons)
Germany (2.6K tons)
France (2.3K tons)
Italy (1.3K tons)
Netherlands (1.2K tons)
United Kingdom (0.9K tons)
Japan (0.7K tons)
Slovenia (0.6K tons)
Poland (0.5K tons)
China (0.5K tons)
Thailand (0.5K tons)

Exports of Mixed Condiment, Sause and Seasoning in Portugal

Mixed condiment, sause and seasoning exports from Portugal skyrocketed to 10K tons in 2022, picking up by 53% compared with 2021. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning exports surged to $30M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mixed Condiment, Sause and Seasoning in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	5.9	4.7	7.7	10.8	22.3%
France	2.6	2.6	3.1	3.0	4.9%
Angola	2.4	1.7	1.5	2.4	0.0%
Germany	0.6	0.4	0.7	2.4	58.7%
Israel	N/A	0.2	0.5	2.2	231.7%
Netherlands	2.3	2.3	1.0	1.9	-6.2%
United Kingdom	0.5	0.5	1.4	1.6	47.4%
Others	5.2	4.3	4.7	5.3	0.6%
Total	19.4	16.7	20.7	29.7	15.3%

Top Export Markets for Mixed Condiment, Sause and Seasoning from Portugal in 2022:

Spain (3.5K tons)
France (1.1K tons)
Israel (0.9K tons)
Angola (0.9K tons)
Netherlands (0.8K tons)
Germany (0.7K tons)
United Kingdom (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning in Portugal. 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:

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
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