United Kingdom - Soups And Broths - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSoups Price in the UK - 2023
Contents:
- Soups Price in the UK (CIF) - 2023
- Soups Price in the UK (FOB) - 2023
- Soups Imports in the UK
- Soups Exports in the UK
Soups Price in the UK (CIF) - 2023
In June 2023, the average soups import price amounted to $4,747 per ton, remaining constant against the previous month. In general, import price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, soups import price decreased by +0.1% against May 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 20% m-o-m. As a result, import price attained the peak level of $5,017 per ton. From April 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 Ireland ($8,556 per ton), while the price for Poland ($2,921 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 the Netherlands (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Soups Price in the UK (FOB) - 2023
The average soups export price stood at $4,068 per ton in June 2023, waning by -3.3% against the previous month. Overall, export price indicated a measured expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, soups export price decreased by -13.0% against April 2023 indices. The growth pace was the most rapid in January 2023 when the average export price increased by 32% month-to-month. Over the period under review, the average export prices reached the maximum at $4,678 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Germany ($11,102 per ton), while the average price for exports to Seychelles ($1,353 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 United States (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Soups Imports in the UK
In 2022, after two years of decline, there was growth in supplies from abroad of soups and broths, when their volume increased by 3% to 37K tons. In general, imports, however, continue to indicate a deep contraction.
In value terms, soups imports reached $127M in 2022. Overall, imports, however, recorded a slight reduction.
| Import of Soups in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 24.1 | 20.0 | 18.3 | 25.1 | 1.4% |
| Netherlands | 37.0 | 36.0 | 30.0 | 22.8 | -14.9% |
| Ireland | 11.5 | 10.9 | 5.8 | 18.4 | 17.0% |
| Spain | 4.7 | 15.4 | 8.4 | 14.8 | 46.6% |
| Portugal | 4.6 | 8.3 | 9.5 | 11.6 | 36.1% |
| Germany | 9.9 | 13.8 | 8.5 | 6.8 | -11.8% |
| Poland | 8.1 | 7.0 | 7.9 | 4.9 | -15.4% |
| France | 4.4 | 4.0 | 3.1 | 1.6 | -28.6% |
| Switzerland | 8.2 | 5.8 | 2.2 | 1.2 | -47.3% |
| United States | 3.4 | 2.9 | 2.5 | 0.6 | -43.9% |
| Canada | 3.8 | 0.4 | 0.4 | 0.4 | -52.8% |
| Others | 14.0 | 9.1 | 13.9 | 18.8 | 10.3% |
| Total | 134 | 134 | 111 | 127 | -1.8% |
Top Suppliers of Soups to the UK in 2022:
- Netherlands (10.1K tons)
- Italy (7.1K tons)
- Spain (4.2K tons)
- Portugal (3.2K tons)
- Ireland (2.8K tons)
- Poland (2.1K tons)
- Germany (2.1K tons)
- France (0.5K tons)
- Switzerland (0.3K tons)
- Canada (0.2K tons)
- United States (0.2K tons)
Soups Exports in the UK
In 2022, the amount of soups and broths exported from the UK rose slightly to 8K tons, picking up by 2.5% on the year before. Over the period under review, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. As a result, the exports attained the peak of 14K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, soups exports reduced modestly to $25M in 2022. Overall, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 7.4%. As a result, the exports reached the peak of $46M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Soups in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 23.0 | 24.1 | 7.5 | 6.0 | -36.1% |
| France | 3.6 | 2.5 | 3.3 | 3.6 | 0.0% |
| Netherlands | 0.9 | 0.9 | 3.0 | 3.4 | 55.7% |
| Germany | 2.1 | 2.1 | 0.2 | 1.7 | -6.8% |
| Kenya | 1.2 | 1.0 | 0.9 | 1.6 | 10.1% |
| Malta | 1.5 | 2.1 | 1.9 | 1.4 | -2.3% |
| Hong Kong SAR | 0.4 | 0.8 | 0.7 | 1.0 | 35.7% |
| Cyprus | 0.5 | 0.7 | 0.2 | 0.7 | 11.9% |
| United Arab Emirates | 0.9 | 1.6 | 1.1 | 0.5 | -17.8% |
| Spain | 1.3 | 1.7 | 0.9 | 0.4 | -32.5% |
| Ghana | 0.1 | N/A | 0.3 | 0.3 | 44.2% |
| Czech Republic | 0.6 | 0.5 | 0.2 | 0.3 | -20.6% |
| United States | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Others | 6.3 | 7.4 | 5.6 | 4.1 | -13.3% |
| Total | 42.6 | 45.7 | 26.1 | 25.3 | -15.9% |
Top Export Markets for Soups from the UK in 2022:
- Ireland (2339.3 tons)
- Netherlands (1791.0 tons)
- France (631.4 tons)
- Kenya (401.6 tons)
- Hong Kong SAR (398.3 tons)
- Cyprus (224.7 tons)
- Germany (191.7 tons)
- Malta (178.8 tons)
- Spain (172.8 tons)
- United Arab Emirates (144.6 tons)
- Ghana (139.8 tons)
- United States (134.7 tons)
- Czech Republic (123.2 tons)
This report provides an in-depth analysis of the soups market in the UK. 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 10891100 - Soups and broths and preparations therefor
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
411
This report provides an in-depth analysis of the soups market in the UK.
731
This report provides an in-depth analysis of the canned food market in the UK.
348
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in the UK.
1424
This report provides an in-depth analysis of the global soups market.
2068
This report provides an in-depth analysis of the global canned food market.
549
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
411
This report provides an in-depth analysis of the soups market in the UK.
731
This report provides an in-depth analysis of the canned food market in the UK.
1424
This report provides an in-depth analysis of the global soups market.
2068
This report provides an in-depth analysis of the global canned food market.
66
Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.
235
Soups are one of the most popular food products worldwide, providing a convenient and nutritious option for consumers. This article explores the top import markets for soups, including the United States, Canada, Mexico, Germany, and the Netherlands. These countries offer lucrative opportunities for soup manufacturers and exporters due to factors such as busy lifestyles, diverse consumer preferences, and growing health consciousness. Utilizing market intelligence platforms like IndexBox can further enhance success in these markets.
1263
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
973
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
1646
Germany continued its dominance in the global trade of homogenized composite food preparations. In 2014, Germany exported X thousand tons of homogenized composite food preparations totaling X million USD, X% under the previous year. Its primary tra
248
Explore the top import markets for hot-dipped metal-coated sheet, including the United States, Germany, Belgium, and more. Discover key statistics and data from the IndexBox market intelligence platform.
66
Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.
235
Soups are one of the most popular food products worldwide, providing a convenient and nutritious option for consumers. This article explores the top import markets for soups, including the United States, Canada, Mexico, Germany, and the Netherlands. These countries offer lucrative opportunities for soup manufacturers and exporters due to factors such as busy lifestyles, diverse consumer preferences, and growing health consciousness. Utilizing market intelligence platforms like IndexBox can further enhance success in these markets.
1263
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
973
Global canned food imports amounted to X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from X>
