Earlier Report Observations
The Portuguese soya sauce market volume expanded from 1 199 t in 2018 to 2 405 t in 2024. The COVID-19 pandemic in 2020 temporarily reduced demand as restaurant closures and lower foodservice sales impacted consumption.
Market growth resumed post-pandemic, fueled by product innovation aligned with shifting consumer preferences. In 2023, Kikkoman launched low-salt and organic soya sauce variants to meet rising demand for healthier options. The following year, marketing campaigns and new products such as Lee Kum Kee's Molho de Soja Supremo further stimulated market expansion.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In kind
- 4.1.1. Production, 2018, 2023-2024
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2018, 2023-2024
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4.2. In value
- 4.2.1. Production, 2018, 2023-2024
- 4.2.2. Imports, 2018-2025
- 4.2.3. Exports, 2018-2025
- 4.2.4. Market size, 2018, 2023-2024
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4.1. In kind
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5. Production
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5.1. Production in Portugal
- 5.1.1. In kind, 2018, 2023-2024, t
- 5.1.2. In value, 2018, 2023-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.3. Global production by Country, 2018-2023
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5.3.1. Global Production by Country in kind
- 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.3.1.2. Structure of production by countries in kind, 2018-2023
- 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.3.1. Global Production by Country in kind
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5.1. Production in Portugal
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production soya sauce in Portugal
In value, 2018-2021, K $ US
Annual dynamics of production in Portugal in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
In kind, 2018-2021, t
From 2018 to 2021, Portugal ranked 21st globally in soy sauce production.
Top producers of soya sauce, 2018-2021
World map of production of soya sauce, 2018-2021
Annual dynamics of production in Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports soya sauce from Portugal
Exports in kind, t
In 2021, Portugal's cross-border shipments of soy sauce reached 1 094 tonnes, showing a moderate increase of 9.2% compared to 2020. Over the 2018-2021 period, exports grew by 23.3%, with an average annual growth rate of 7.2%. The largest decline occurred in 2020, at 6.3%, while the biggest increase was in 2019, at 20.4%.
Annual dynamics of product's exports from Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 20.4% | (6.3%) | 9.2% | 7.2% |
Between 2018 and 2021, Spain was overwhelmingly the main destination for Portugal's soy sauce exports in volume terms, accounting for 93.3% of total flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Portugal in kind, 2018-2021
Exports in value, K $ US
In 2021, Portugal's soy sauce exports amounted to 2 258 thousand US dollars, marking a sharp rise of 33.2% from the previous year. Over the 2018-2021 period, exports increased by 59.1%, with an average annual growth rate of 16.8%. The largest decline was recorded in 2020, at 0.7%.
Annual dynamics of product's exports from Portugal in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 20.3% | (0.7%) | 33.2% | 16.8% |
From 2018 to 2021, Spain dominated Portugal's soy sauce exports in value terms, holding an 89.1% share of total flows, with the remainder distributed among other partners.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Portugal in value, 2018-2021
Imports soya sauce to Portugal
Imports in kind, t
In 2021, Portugal's imported soy sauce volumes totaled 1 958 tonnes, reflecting a gradual increase of 5.9% year-over-year. Over the 2018-2021 period, imports rose by 9%, with an average annual growth rate of 2.9%. The highest volume was in 2019, at 2 027 tonnes, while the largest decline occurred in 2020, at 8.8%, and the biggest increase was in 2019, at 12.9%.
Annual dynamics of product's imports to Portugal in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.9% | (8.8%) | 5.9% | 2.9% |
Throughout 2018-2021, China (33.8% of import volume), Japan (26.6% of import volume), and the Netherlands (15.4% of import volume) formed the core of Portugal's soy sauce imports in volume terms, together accounting for 75.9% of total flows.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Portugal in kind, 2018-2021
Imports in value, K $ US
In 2021, Portugal imported approximately 4 600 thousand US dollars worth of soy sauce, representing a steep gain of 28.1% compared to 2020. Over the 2018-2021 period, imports increased by 39.8%, with an average annual growth rate of 11.8%. The largest decline was recorded in 2020, at 0.7%.
Annual dynamics of product's imports to Portugal in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.9% | (0.7%) | 28.1% | 11.8% |
From 2018 to 2021, the Netherlands (26.9% of import value), China (21.3% of import value), and Japan (20.2% of import value) led the structure of Portugal's soy sauce imports in value terms, together representing 68.3% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Portugal in value, 2018-2021
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