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EU - Soya Sauce - Market Analysis, Forecast, Size, Trends And Insights
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EU: Soya Sauce Market Overview 2020

Soya Sauce Market Size in the EU

In 2019, the EU soya sauce market increased by X% to $X, rising for the fifth year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. The level of consumption peaked in 2019 and is expected to retain growth in years to come.

Soya Sauce Production in the EU

In value terms, soya sauce production stood at $X in 2019 estimated in export prices. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the near future.

Production By Country in the EU

The Netherlands (X tonnes) remains the largest soya sauce producing country in the European Union, accounting for X% of total volume. Moreover, soya sauce production in the Netherlands exceeded the figures recorded by the second-largest producer, Germany (X tonnes), twofold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in the Netherlands amounted to +X%. In the other countries, the average annual rates were as follows: Germany (-X% per year) and Italy (-X% per year).

Soya Sauce Exports

Exports in the EU

For the fourth year in a row, the European Union recorded growth in shipments abroad of soya sauce, which increased by X% to X tonnes in 2019. Over the period under review, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. The volume of export peaked in 2019 and is likely to continue growth in the immediate term.

In value terms, soya sauce exports amounted to $X in 2019. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands dominates soya sauce exports structure, finishing at X tonnes, which was near X% of total exports in 2019. The UK (X tonnes) ranks second in terms of the total exports with a X% share, followed by Germany (X%). Belgium (X tonnes), Poland (X tonnes), Sweden (X tonnes) and Austria (X tonnes) took a relatively small share of total exports.

Exports from the Netherlands increased at an average annual rate of +X% from 2007 to 2019. At the same time, Austria (+X%), Sweden (+X%), the UK (+X%), Germany (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2019. By contrast, Poland (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (+X p.p.), the UK (+X p.p.), Germany (+X p.p.), Sweden (+X p.p.), Austria (+X p.p.) and Belgium (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest soya sauce supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

In the Netherlands, soya sauce exports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and the UK (+X% per year).

Export Prices by Country

In 2019, the soya sauce export price in the European Union amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the export price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2008 when the export price increased by X% against the previous year. Over the period under review, export prices hit record highs at $X per tonne in 2011; however, from 2012 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Belgium ($X per tonne), while the UK ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the other leaders experienced mixed trends in the export price figures.

Soya Sauce Imports

Imports in the EU

For the thirteenth consecutive year, the European Union recorded growth in supplies from abroad of soya sauce, which increased by X% to X tonnes in 2019. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. The volume of import peaked in 2019 and is expected to retain growth in the immediate term.

In value terms, soya sauce imports reached $X in 2019. In general, imports posted a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. The level of import peaked in 2019 and is likely to see steady growth in the immediate term.

Imports by Country

The countries with the highest levels of soya sauce imports in 2019 were the UK (X tonnes), the Netherlands (X tonnes), Germany (X tonnes) and France (X tonnes), together accounting for X% of total import. Italy (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Spain (X%). The following importers - Belgium (X tonnes), Sweden (X tonnes), Poland (X tonnes), Ireland (X tonnes), Finland (X tonnes) and Austria (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Finland, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports. The Netherlands, Spain, Italy, Belgium, Sweden, Poland, Ireland, Austria and Finland lagged somewhat behind, together accounting for a further X saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the soya sauce import price in the European Union amounted to $X per tonne, growing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure at $X per tonne in 2013; afterwards, it flattened through to 2019.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Spain ($X per tonne), while the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Sweden, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soya sauce in the the EU?
+
The countries with the highest volumes of soya sauce consumption in 2019 were Germany (39K tonnes), the UK (23K tonnes) and Italy (17K tonnes), together comprising 46% of total consumption. France, the Netherlands, Poland, Spain, Romania, Belgium, Sweden, Ireland and Austria lagged somewhat behind, together comprising a further 40%.
What are the largest producers of soya sauce in the the EU?
+
The Netherlands (50K tonnes) remains the largest soya sauce producing country in the European Union, accounting for 41% of total volume. Moreover, soya sauce production in the Netherlands exceeded the figures recorded by the second-largest producer, Germany (25K tonnes), twofold. Italy (10K tonnes) ranked third in terms of total production with a 8.5% share.
What are the leading exporters of soya sauce in the the EU?
+
In value terms, the Netherlands ($121M) remains the largest soya sauce supplier in the European Union, comprising 68% of total exports. The second position in the ranking was occupied by Germany ($12M), with a 6.5% share of total exports. It was followed by the UK, with a 6.2% share.
What are the leading importers of soya sauce in the the EU?
+
In value terms, France ($39M), Germany ($37M) and the UK ($37M) constituted the countries with the highest levels of imports in 2019, with a combined 44% share of total imports. These countries were followed by the Netherlands, Spain, Italy, Belgium, Sweden, Poland, Ireland, Austria and Finland, which together accounted for a further 46%.
What is the average export price for soya sauce in the the EU?
+
In 2019, the soya sauce export price in the European Union amounted to $2,215 per tonne, which is down by -2.7% against the previous year.
What is the average import price for soya sauce in the the EU?
+
The soya sauce import price in the European Union stood at $1,955 per tonne in 2019, surging by 2.8% against the previous year.

Product coverage:
• Prodcom 10841210 - Soya sauce

This report provides an in-depth analysis of the soya sauce market in the EU. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
• United Kingdom
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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