In 2023, Spain led the European export market for soups and broths with a significant growth of 5.39%. Portugal showed remarkable progress with a 15.87% increase, while France experienced a decline of 12.31%. Germany and Poland maintained steady exports with minor growth, contrasting with the decline in the United Kingdom. Notable growth was also seen in Belgium and Austria, with year-on-year increases. Over the past five years, European countries have seen varying CAGR rates, indicating differing paces of market development.
Future trends to watch include potential market expansion opportunities in Eastern Europe, driven by local production enhancements. Additionally, as consumer preferences shift towards healthy and ready-to-eat products, there is potential for further innovation and export growth in plant-based and organic soup products. Monitoring the impact of international trade agreements on the export dynamics will also be crucial in forecasting future market trends.
Top countries in Export of Soups and Broths and Preparations Thereof by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 66,298,000 | 2023 | -0.36% | +5.39% | View data |
| 2 | 2 Germany | 61,586,000 | 2023 | +7.73% | +1.09% | View data |
| 3 | 3 Poland | 53,821,000 | 2023 | +2.54% | +3.29% | View data |
| 4 | 4 Netherlands | 45,519,000 | 2023 | +1.56% | +7.98% | View data |
| 5 | 5 Italy | 33,842,000 | 2023 | +6.16% | +0.26% | View data |
| 6 | 6 France | 20,243,000 | 2023 | -10.22% | -12.31% | View data |
| 7 | 7 Belgium | 20,210,000 | 2023 | +2.62% | +6.41% | View data |
| 8 | 8 Portugal | 20,057,000 | 2023 | +2.21% | +15.87% | View data |
| 9 | 9 Hungary | 13,937,000 | 2023 | +3.15% | +3.65% | View data |
| 10 | 10 United Kingdom | 10,737,000 | 2023 | -2.67% | -3.01% | View data |
