EU: Vinegar Market 2024

Vinegar Market Size in the EU

For the fifth year in a row, the EU vinegar market recorded growth in sales value, which increased by X% to $X in 2023. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2023 and is likely to continue growth in years to come.

Vinegar Production in the EU

In value terms, vinegar production shrank to $X in 2023 estimated in export price. The total production indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2022, and then shrank modestly in the following year.

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Vinegar Exports

Exports in the EU

In 2023, shipments abroad of vinegar decreased by X% to X tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, vinegar exports rose significantly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

In 2023, Italy (X tons), distantly followed by Spain (X tons), France (X tons), Germany (X tons), Greece (X tons), the Netherlands (X tons), the Czech Republic (X tons) and Slovakia (X tons) represented the key exporters of vinegar, together achieving X% of total exports.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest vinegar supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by France, with an X% share.

In Italy, vinegar exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Spain (X% per year) and France (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Vinegar Imports

Imports in the EU

Vinegar imports totaled X tons in 2023, therefore, remained relatively stable against 2022 figures. Total imports indicated tangible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked in 2023 and is likely to see steady growth in years to come.

In value terms, vinegar imports surged to $X in 2023. Total imports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of vinegar imports in 2023 were Italy (X tons), Germany (X tons), France (X tons) and the Netherlands (X tons), together resulting at X% of total import. It was distantly followed by Spain (X tons), Belgium (X tons) and Hungary (X tons), together making up a X% share of total imports. The Czech Republic (X tons), Poland (X tons), Austria (X tons), Sweden (X tons), Portugal (X tons) and Croatia (X tons) held a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Croatia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vinegar importing markets in the European Union were Germany ($X), France ($X) and Italy ($X), with a combined X% share of total imports. The Netherlands, Spain, Austria, Belgium, Sweden, Poland, the Czech Republic, Hungary, Portugal and Croatia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Austria ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform