Soya sauce market in Italy

Earlier Report Observations

From 2019 to 2021, the Italian soya sauce market showed significant movement. The market volume stood at 7 012 t in 2019, a period marked by growth in Italy's soy sector and a 21.854% increase in soya sauce exports compared to the previous year. In 2020, volume contracted by 6% to 6 592 t. A sharp rebound followed in 2021, with consumption surging 57% to reach 10 359 t.

By 2024, the market volume had grown to 11 315 t, a 9% rise from 2021. This expansion was driven by evolving consumer preferences toward premium, health-oriented soya sauces with consistent flavor profiles and a 34% growth in online sales in regions with strong Asian culinary influence. Furthermore, a drop in import prices for soybeans and soy meal by 18.75% and 16.66% respectively in 2024 improved supply and reduced production costs.

Production soya sauce in Italy

In value, 2017-2020, K $ US

The market showed an unstable trend throughout the period. Production reached its lowest point in 2019, then peaked in 2017, with a 2.6-fold difference between these years. In 2020, soya sauce output in Italy was valued at 347.3 thousand US dollars, marking a sharp increase of 86.9% compared to the previous year.

Annual dynamics of production in Italy in value, 2017-2020, K $ US

In kind, 2017-2020, t

From 2017 to 2020, Italy ranked 20th globally in soya sauce production volume.

Top producers of soya sauce, 2017-2020

World map of production of soya sauce, 2017-2020

The market displayed an unstable trend throughout the period. Production hit a low in 2019 and a high in 2017, varying by a factor of 2. In 2020, Italy produced 165.0 tonnes of soya sauce, showing an improvement of 83.3% from 2019.

Annual dynamics of production in Italy in kind, 2017-2020, t

Exports soya sauce from Italy

Exports in kind, t

Soya sauce exports from Italy increased for the second consecutive year. In 2020, exports reached 604 tonnes, indicating a sharp improvement of 44.3% compared to the previous year. Between 2017 and 2020, exports grew by 82.8%, equating to an annualized rate of 22.3%. The minimum value was recorded in 2018 at 302 tonnes, with the largest decline that year of 8.7%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, t

From 2017 to 2020, Belgium (11.2% of exports in kind), Greece (10.7% of exports in kind), and China (10.0% of exports in kind) were important buyers of soya sauce from Italy. However, their combined share reached only 32.0% of total exports in kind, with the remaining 68.0% distributed among many other partners.

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

World map of product's exports from Italy in kind, 2017-2020

Exports in value, K $ US

The market exhibited an unstable trend throughout the period. Exports fell to their lowest point in 2018, then peaked in 2020, with a fluctuation of 2.2 times. In 2020, soya sauce exports from Italy totalled 2 288 thousand US dollars, indicating an advance of 70.5% compared to 2019. The minimum value was recorded in 2018 at 1 049 thousand US dollars, with the largest decline that year of 33.8%.

Annual dynamics of product's exports from Italy in value, 2017-2020, K $ US

From 2017 to 2020, Canada (9.1% of exports in value terms), the United States (9.0% of exports in value terms), and the United Kingdom (8.8% of exports in value terms) were among the largest buyers of soya sauce from Italy. Even together, they represented just 26.9% of total exports in value terms, indicating a broadly diversified partner base.

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

World map of product's exports from Italy in value, 2017-2020

Imports soya sauce to Italy

Imports in kind, t

After a two-year increase, Italy's soya sauce imports declined. In 2020, Italy imported approximately 7 032 tonnes of soya sauce, down by 4.2% from a year earlier. Over the period 2017-2020, imports increased by 61.2%, with a compound annual growth rate (CAGR) of 17.3%. The maximum value was recorded in 2019 at 7 341 tonnes, with the largest increase that year of 45.8%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, t

From 2017 to 2020, Germany (40.7% of imports in kind), China (33.5% of imports in kind), and Japan (6.5% of imports in kind) were the main sources in the geographical breakdown of soya sauce imports to Italy, with a combined share of 80.7% of total flows.

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

World map of product's imports to Italy in kind, 2017-2020

Imports in value, K $ US

Soya sauce deliveries to Italy increased for the third consecutive year. In 2020, imports reached 19 961 thousand US dollars, showing a gain of 22.3% compared to 2019. Between 2017 and 2020, imports increased by 76.7%, equating to an annualized rate of 20.9%.

Annual dynamics of product's imports to Italy in value, 2017-2020, K $ US

From 2017 to 2020, Germany (58.1% of imports in value terms), China (13.2% of imports in value terms), and the Netherlands (7.5% of imports in value terms) remained the principal suppliers of soya sauce to Italy, jointly accounting for 78.8% of total imports in value terms.

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

World map of product's imports to Italy in value, 2017-2020