China - Bread and Bakery Product - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

China - Bread and Bakery Product - Market Analysis, Forecast, Size, Trends and Insights

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Bread and Bakery Prices in China

China Bread and Bakery Import Price in September 2022

In September 2022, the bread and bakery price amounted to $4,268 per ton (CIF, China), which is down by -62.1% against the previous month. Overall, the import price saw a slight downturn. The most prominent rate of growth was recorded in July 2022 an increase of 164% month-to-month. Over the period under review, average import prices hit record highs at $11.3 per kg in August 2022, and then fell sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Hong Kong SAR ($21.9 per kg), while the price for the UK ($1,817 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

China Bread and Bakery Import Prices by Type

Average prices varied noticeably amongst the major supplied products. In September 2022, the product with the highest price was gingerbread, sweet biscuits and waffles ($4,272 per ton), while the price for crispbread, rusks and toasted bread amounted to $4,131 per ton.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by fresh bread and miscellaneous bakery (+21.6%), while the prices for the other product experienced mixed trend patterns.

China Bread and Bakery Imports

In September 2022, supplies from abroad of bread and bakery decreased by -36.1% to 12K tons for the first time since February 2022, thus ending a six-month rising trend. Over the period under review, imports showed a slight downturn. The pace of growth was the most pronounced in August 2022 when imports increased by 25% month-to-month. As a result, imports reached the peak of 19K tons, and then contracted significantly in the following month.

In value terms, bread and bakery imports contracted notably to $53M (IndexBox estimates) in September 2022. Overall, imports showed a pronounced shrinkage. The pace of growth was the most pronounced in July 2022 when imports increased by 198% m-o-m. Imports peaked at 219K tons in August 2022, and then contracted sharply in the following month.

China Bread and Bakery Imports by Type

In September 2022, gingerbread, sweet biscuits and waffles (12K tons) was the main type of bread and bakery supplied to China, accounting for a 97% share of total imports. It was followed by crispbread, rusks and toasted bread (351 tons), with a 2.8% share of total imports.

From January 2022 to September 2022, the average monthly growth rate of the volume of import of gingerbread, sweet biscuits and waffles amounted to +1.8%.

In value terms, gingerbread, sweet biscuits and waffles ($52M) constituted the largest type of bread and bakery supplied to China, comprising 97% of total imports. The second position in the ranking was taken by crispbread, rusks and toasted bread ($1.5M), with a 2.7% share of total imports.

China Bread and Bakery Imports by Country

In September 2022, Indonesia (8.2K tons) constituted the largest bread and bakery supplier to China, accounting for a 66% share of total imports. Moreover, bread and bakery imports from Indonesia exceeded the figures recorded by the second-largest supplier, Malaysia (573 tons), more than tenfold. The third position in this ranking was taken by Russia (545 tons), with a 4.4% share.

From January 2022 to September 2022, the average monthly growth rate of volume from Indonesia stood at +6.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (-4.4% per month) and Russia (-2.4% per month).

In value terms, Indonesia ($32M) constituted the largest supplier of bread and bakery to China, comprising 60% of total imports. The second position in the ranking was taken by Japan ($3.4M), with a 6.4% share of total imports. It was followed by Malaysia, with a 4% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value from Indonesia stood at +9.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (-3.8% per month) and Malaysia (-4.7% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bread and bakery market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10721130 - Crispbread
  • Prodcom 10721230 - Gingerbread and the like
  • Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
  • Prodcom 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
  • Prodcom 10721150 - Rusks, toasted bread and similar toasted products
  • Prodcom 10711100 - Fresh bread containing by weight in the dry matter state . 5 % of sugars and . 5 % of fat (excluding with added honey, e ggs, cheese or fruit)
  • Prodcom 10711200 - Cake and pastry products, other bakers
  • Prodcom 10721910 - Matzos
  • Prodcom 10721920 - Communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
  • Prodcom 10721940 - Biscuits (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa, sweet biscuits, waffles and wafers)
  • Prodcom 10721950 - Savoury or salted extruded or expanded products
  • Prodcom 10721990 - Bakersu2019 wares, no added sweetening (including crepes, pancakes, quiche, pizza; excluding sandwiches, crispbread, waffles, wafers, rusks, toasted, savoury or salted extruded/expanded products)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024
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