Soya sauce market in Eastern Europe (including Northern Asia)

Earlier Report Observations

From 2018 to 2023, the soy sauce market volume in Eastern Europe expanded from 64 800 t to 94 441 t. The initial growth was propelled by the entry of new producers in Russia and increasing consumer popularity of Asian sauces, which stimulated domestic production and consumption. This period also saw the development of new product segments, including premium and fermented varieties, further broadening the market.

The COVID-19 pandemic in 2020 reinforced demand as consumer preferences shifted towards healthy eating and local products. Subsequent years witnessed continued expansion driven by the commissioning of new production facilities in Ukraine and Russia, alongside high demand from processors. However, in 2022, global logistical disruptions and port blockades temporarily constrained imports, leading to a market stabilization before growth resumed the following year.

In 2023, market volume reached 94 441 t, supported by record soybean harvests in Ukraine, the application of new agricultural technologies, and sustained export activity from regional producers. The overall growth trajectory was underpinned by the ongoing strengthening of domestic manufacturing capacities and the diversification of product offerings.

Production soya sauce in Eastern Europe (including Northern Asia)

In kind, 2017-2020, t

Top producers of soya sauce, 2017-2020

World map of production of soya sauce, 2017-2020

Soy sauce production in Eastern Europe (including Northern Asia) has grown for the third year in a row. In 2020, the region produced 47 598.6 tons of soy sauce, marking an 8.0% increase compared to the previous year. From 2017 to 2020, production more than doubled, rising by 102.2%, which translates to an average annual growth rate of 26.5%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, t

In value, 2017-2020, K $ US

The value of soy sauce production in Eastern Europe (including Northern Asia) has also increased for three consecutive years. In 2020, output was valued at 92 360 thousand US dollars, up 6.0% from 2019. Over the period from 2017 to 2020, production value surged by 120.2%, with a compound annual growth rate of 30.1%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

Exports soya sauce from Eastern Europe (including Northern Asia)

Exports in kind, t

Soy sauce exports from Eastern Europe (including Northern Asia) have risen for the third straight year. In 2020, export volume reached 6 834 tons, showing a sharp increase of 53.5% compared to 2019. Between 2017 and 2020, exports grew by 139.4%, averaging an annualized rate of 33.8%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, t

From 2017 to 2020, no single market dominated soy sauce exports in volume terms. The United Kingdom accounted for 33.5% of exports, Kazakhstan for 6.1%, and Germany for 4.9%, with these three countries together making up 44.5% of total exports. Many smaller partners each held modest individual shares, contributing to a diversified export structure.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, K $ US

The value of soy sauce exports from Eastern Europe (including Northern Asia) has increased for the third year in a row. In 2020, exports totaled 13 261 thousand US dollars, up 50.7% from the previous year. From 2017 to 2020, export value rose by 160.7%, with an annualized growth rate of 37.6%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

The structure of soy sauce exports in value terms from 2017 to 2020 was diversified. The United Kingdom represented 37.8% of exports, Denmark 5.7%, and Kazakhstan 4.7%, with these three countries together accounting for 48.2% of total flows. No single country held a clearly dominant position.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports soya sauce to Eastern Europe (including Northern Asia)

Imports in kind, t

Soy sauce imports into Eastern Europe (including Northern Asia) have grown for the third consecutive year. In 2020, import volume amounted to 38 097 tons, reflecting a robust increase of 11.6% year-over-year. Between 2017 and 2020, imports rose by 37.8%, with an annualized rate of 11.3%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, t

From 2017 to 2020, China, the Netherlands, and Vietnam were the main sources for soy sauce imports in volume terms. China accounted for 33.1% of imports, the Netherlands for 22.4%, and Vietnam for 11.9%, with these three countries together representing 67.4% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, K $ US

The value of soy sauce imports into Eastern Europe (including Northern Asia) has increased for the third year running. In 2020, imports were valued at 50 152 thousand US dollars, showing a solid rise of 13.9% compared to 2019. Over the period from 2017 to 2020, import value grew by 39.0%, with an annualized rate of 11.6%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

In 2017–2020, three key markets—the Netherlands, China, and Germany—together accounted for 68.2% of the total value of soy sauce imports into Eastern Europe (including Northern Asia).

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020