Ukraine - Sauces and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 24, 2024

Ukraine - Sauces and Seasonings - Market Analysis, Forecast, Size, Trends And Insights

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Sauce and Seasoning Price in Ukraine - 2023

Contents:

  1. Sauce and Seasoning Price in Ukraine (CIF) - 2023
  2. Sauce and Seasoning Price in Ukraine (FOB) - 2023
  3. Sauce and Seasoning Imports in Ukraine
  4. Sauce and Seasoning Exports in Ukraine

Sauce and Seasoning Price in Ukraine (CIF) - 2023

The average sauce and seasoning import price stood at $3,824 per ton in July 2023, picking up by 3.4% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 13% m-o-m. The import price peaked at $4,052 per ton in March 2023; however, from April 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($7,252 per ton), while the price for India ($1,743 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Sauce and Seasoning Price in Ukraine (FOB) - 2023

In July 2023, the average sauce and seasoning export price amounted to $1,859 per ton, which is down by -2.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in December 2022 an increase of 16% m-o-m. As a result, the export price attained the peak level of $2,020 per ton. From January 2023 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Cote d'Ivoire ($3,664 per ton), while the average price for exports to Armenia ($889 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sauce and Seasoning Imports in Ukraine

After three years of growth, purchases abroad of sauces and seasonings decreased by -13.5% to 19K tons in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of 22K tons, and then declined in the following year.

In value terms, sauce and seasoning imports contracted to $66M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 12%. As a result, imports attained the peak of $76M, and then fell in the following year.

Import of Sauce and Seasoning in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17.417.318.715.1-4.6%
Poland12.412.013.214.55.4%
Austria6.47.47.56.92.5%
Slovakia0.10.10.14.1244.8%
Hungary2.93.53.83.56.5%
China2.93.55.13.45.4%
Netherlands3.84.66.03.0-7.6%
Italy2.43.73.73.07.7%
United Kingdom1.21.83.11.57.7%
Czech Republic0.80.81.01.420.5%
France0.70.91.11.219.7%
Thailand0.71.11.30.98.7%
Japan0.70.70.90.3-24.6%
Others10.810.810.86.9-13.9%
Total63.168.176.365.81.4%

Top Suppliers of Sauce and Seasoning to Ukraine in 2022:

  1. Poland (6.0K tons)
  2. Germany (3.2K tons)
  3. China (1.2K tons)
  4. Netherlands (1.1K tons)
  5. Austria (1.1K tons)
  6. Italy (0.9K tons)
  7. Slovakia (0.9K tons)
  8. Hungary (0.8K tons)
  9. Czech Republic (0.4K tons)
  10. United Kingdom (0.4K tons)
  11. Thailand (0.4K tons)
  12. France (0.3K tons)
  13. Japan (0.1K tons)

Sauce and Seasoning Exports in Ukraine

In 2022, after three years of growth, there was significant decline in shipments abroad of sauces and seasonings, when their volume decreased by -56.7% to 16K tons. Overall, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 8.3%.

In value terms, sauce and seasoning exports declined significantly to $25M in 2022. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $48M, and then reduced remarkably in the following year.

Export of Sauce and Seasoning in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova5.05.55.85.74.5%
Germany3.13.03.43.65.1%
Georgia3.53.23.92.1-15.7%
Poland0.20.80.91.491.3%
Belarus8.78.99.21.4-45.6%
India0.51.10.91.130.1%
FranceN/A0.10.51.1231.7%
Bulgaria0.40.61.11.035.7%
Canada0.30.30.40.732.6%
Guinea0.60.81.30.75.3%
United States0.30.40.40.518.6%
Latvia1.21.21.30.5-25.3%
Lithuania1.81.61.60.5-34.8%
Others13.414.416.65.2-27.1%
Total38.841.947.525.5-13.1%

Top Export Markets for Sauce and Seasoning from Ukraine in 2022:

  1. Moldova (3.9K tons)
  2. Georgia (1.6K tons)
  3. Germany (1.2K tons)
  4. Belarus (1.2K tons)
  5. Poland (0.9K tons)
  6. India (0.8K tons)
  7. France (0.8K tons)
  8. Bulgaria (0.8K tons)
  9. Latvia (0.4K tons)
  10. Canada (0.3K tons)
  11. Guinea (0.3K tons)
  12. United States (0.3K tons)
  13. Lithuania (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sauce and seasoning market in Ukraine. 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 10841210 - Soya sauce
  • Prodcom 10841230 - Tomato ketchup and other tomato sauces
  • Prodcom 10841253 - Mustard flour and meal
  • Prodcom 10841255 - Prepared mustard
  • 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:

  • Ukraine

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ukraine
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Sauces and Seasonings - Ukraine