Poland - Soya Sauce - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Poland - Soya Sauce - Market Analysis, Forecast, Size, Trends And Insights

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Soya Sauce Price in Poland - 2023

Contents:

  1. Soya Sauce Price in Poland (CIF) - 2023
  2. Soya Sauce Price in Poland (FOB) - 2023
  3. Soya Sauce Imports in Poland
  4. Soya Sauce Exports in Poland

Soya Sauce Price in Poland (CIF) - 2023

The average soya sauce import price stood at $1,987 per ton in June 2023, dropping by -2.3% 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 July 2022 an increase of 48% m-o-m. As a result, import price attained the peak level of $2,652 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,358 per ton), while the price for Japan ($1,235 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 (+3.4%), while the prices for the other major suppliers experienced a decline.

Soya Sauce Price in Poland (FOB) - 2023

The average soya sauce export price stood at $2,803 per ton in June 2023, shrinking by -18% against the previous month. Overall, export price indicated a mild increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, soya sauce export price decreased by -18.0% against May 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 26% month-to-month. The export price peaked at $3,421 per ton in May 2023, and then declined sharply in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($7,079 per ton), while the average price for exports to Ukraine ($1,416 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 Belarus (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Soya Sauce Imports in Poland

In 2022, the amount of soya sauce imported into Poland soared to 6.3K tons, growing by 22% against 2021. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, soya sauce imports rose notably to $12M in 2022. The total import value increased at an average annual rate of +14.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 23%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Soya Sauce in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.30.41.86.5178.8%
China1.51.73.02.620.1%
Germany5.24.55.11.2-38.7%
Japan0.50.70.60.921.6%
Italy0.10.20.20.571.0%
Thailand0.30.40.20.30.0%
LithuaniaN/A1.0N/AN/A0%
Others0.31.20.40.410.1%
Total8.210.111.312.414.8%

Top Suppliers of Soya Sauce to Poland in 2022:

  1. Netherlands (2884.6 tons)
  2. China (1415.2 tons)
  3. Germany (778.3 tons)
  4. Japan (649.5 tons)
  5. Thailand (240.8 tons)
  6. Italy (100.7 tons)

Soya Sauce Exports in Poland

In 2022, overseas shipments of soya sauce decreased by -6.6% to 3.5K tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% 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 decreased by -27.1% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 84%. As a result, the exports attained the peak of 4.8K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, soya sauce exports contracted to $5.7M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.9% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 66% against the previous year. As a result, the exports reached the peak of $7.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Soya Sauce in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3,9934,5193,9603,274-6.4%
Spain0.328.6N/A8641322.8%
LithuaniaN/A60.6576600214.7%
Ukraine15.561.766.4168121.3%
Romania80.16311641069.8%
Czech Republic89.84292161045.0%
CroatiaN/A29664.00.1-98.2%
BulgariaN/A25163.9N/A-74.5%
Others2741,11190558028.4%
Total4,4527,3876,0155,6958.6%

Top Export Markets for Soya Sauce from Poland in 2022:

  1. United Kingdom (1487.0 tons)
  2. Lithuania (1247.2 tons)
  3. Spain (349.1 tons)
  4. Ukraine (109.9 tons)
  5. Czech Republic (56.2 tons)
  6. Romania (40.1 tons)
  7. Croatia (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the soya sauce market in Poland. 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

Country coverage:

  • Poland

Data coverage:

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