Key Market Indicators
Salvadoran exports of condiments are set to reach around $26 million by 2026, up from $22 million in 2021. The compound annual growth rate (CAGR) for the period is 3%. Since 1999, Salvadoran supply has increased by an average of 5.7% per year. In 2021, the country was 53rd in the ranking of exporters, with Latvia ahead of it at $22 million. The top three countries were China, Germany and Italy. Meanwhile, imports of condiments to Salvador are projected to reach around $78 million by 2026, up from $66 million in 2021. The CAGR is 2.7%. Since 1999, Salvadoran demand has increased by an average of 7.1% per year. In 2021, the country was 40th in the ranking of importers, with Portugal ahead of it at $66 million. The UK, Canada and France placed second, third and fourth respectively.