Spain - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Mixed Condiment, Sause and Seasoning in Spain - 2023
Contents:
- Price for Mixed Condiment, Sause and Seasoning in Spain (FOB) - 2023
- Price for Mixed Condiment, Sause and Seasoning in Spain (CIF) - 2023
- Exports of Mixed Condiment, Sause and Seasoning in Spain
- Imports of Mixed Condiment, Sause and Seasoning in Spain
Price for Mixed Condiment, Sause and Seasoning in Spain (FOB) - 2023
In June 2023, the average export price for mixed condiments, sauses and seasonings amounted to $2,697 per ton, which is down by -6.1% against the previous month. In general, the export price, however, continues to indicate a mild expansion. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 7.3% against the previous month. Over the period under review, the average export prices reached the maximum at $2,929 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Russia ($3,439 per ton), while the average price for exports to Sweden ($2,070 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 Russia (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mixed Condiment, Sause and Seasoning in Spain (CIF) - 2023
The average import price for mixed condiments, sauses and seasonings stood at $3,246 per ton in June 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 25% m-o-m. Over the period under review, average import prices attained the maximum at $3,782 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($4,638 per ton), while the price for Portugal ($2,032 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 Belgium (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mixed Condiment, Sause and Seasoning in Spain
For the fourth consecutive year, Spain recorded growth in overseas shipments of mixed condiments, sauses and seasonings, which increased by 2.9% to 153K tons in 2022. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 7.2% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, mixed condiment, sause and seasoning exports expanded significantly to $372M in 2022. The total export value increased at an average annual rate of +13.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Mixed Condiment, Sause and Seasoning in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 58.9 | 76.0 | 86.3 | 93.9 | 16.8% |
| United Kingdom | 62.4 | 56.5 | 67.9 | 58.6 | -2.1% |
| Portugal | 18.8 | 18.8 | 22.2 | 31.4 | 18.6% |
| Netherlands | 9.5 | 17.2 | 20.1 | 28.1 | 43.5% |
| Italy | 22.3 | 23.1 | 29.1 | 27.5 | 7.2% |
| Sweden | 6.6 | 6.9 | 10.7 | 14.0 | 28.5% |
| Poland | 2.3 | 4.5 | 8.0 | 12.4 | 75.3% |
| Germany | 8.6 | 8.5 | 9.7 | 12.1 | 12.1% |
| Czech Republic | 4.5 | 6.5 | 6.1 | 10.3 | 31.8% |
| Russia | 0.8 | 0.4 | 4.1 | 8.6 | 120.7% |
| Morocco | 3.5 | 3.7 | 5.4 | 7.7 | 30.1% |
| Cuba | 8.1 | 6.8 | 8.1 | 2.0 | -37.3% |
| Others | 49.7 | 59.4 | 62.9 | 64.9 | 9.3% |
| Total | 256 | 288 | 340 | 372 | 13.3% |
Top Export Markets for Mixed Condiment, Sause and Seasoning from Spain in 2022:
- France (40.5K tons)
- United Kingdom (29.2K tons)
- Portugal (11.8K tons)
- Italy (11.6K tons)
- Netherlands (9.8K tons)
- Sweden (6.2K tons)
- Poland (6.1K tons)
- Czech Republic (5.1K tons)
- Germany (4.3K tons)
- Russia (4.2K tons)
- Morocco (3.1K tons)
- Cuba (0.7K tons)
Imports of Mixed Condiment, Sause and Seasoning in Spain
In 2022, approx. 70K tons of mixed condiments, sauses and seasonings were imported into Spain; increasing by 11% against the year before. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, mixed condiment, sause and seasoning imports soared to $202M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Mixed Condiment, Sause and Seasoning in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 24.7 | 22.0 | 28.9 | 34.1 | 11.3% |
| Germany | 23.4 | 21.9 | 27.4 | 31.4 | 10.3% |
| Italy | 20.8 | 21.4 | 27.7 | 31.3 | 14.6% |
| France | 12.4 | 9.4 | 13.1 | 16.5 | 10.0% |
| Belgium | 8.7 | 8.9 | 12.8 | 16.0 | 22.5% |
| United Kingdom | 23.9 | 22.2 | 16.3 | 15.7 | -13.1% |
| Poland | 10.2 | 12.4 | 13.7 | 12.3 | 6.4% |
| Others | 29.8 | 28.5 | 34.5 | 44.2 | 14.0% |
| Total | 154 | 147 | 174 | 202 | 9.5% |
Top Suppliers of Mixed Condiment, Sause and Seasoning to Spain in 2022:
- Germany (14.9K tons)
- Netherlands (10.9K tons)
- Italy (7.1K tons)
- Belgium (7.1K tons)
- Poland (5.9K tons)
- France (5.7K tons)
- United Kingdom (4.8K tons)
This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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