Africa: Bread And Bakery Market 2024

Bread And Bakery Market Size in Africa

The African bread and bakery market stood at $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Bread And Bakery Production in Africa

In value terms, bread and bakery production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Bread And Bakery Exports

Exports in Africa

In 2022, exports of bread and bakery in Africa skyrocketed to X tons, rising by X% against the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, bread and bakery exports soared to $X in 2022. Total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

The shipments of the three major exporters of bread and bakery, namely South Africa, Zambia and Egypt, represented more than half of total export. Tunisia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Ethiopia (X%). Uganda (X tons), Rwanda (X tons), Morocco (X tons), Cameroon (X tons), Zimbabwe (X tons), Lesotho (X tons), Ghana (X tons) and Senegal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Rwanda (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest bread and bakery supplying countries in Africa were Egypt ($X), South Africa ($X) and Zambia ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Zambia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Bread And Bakery Imports

Imports in Africa

Bread and bakery imports fell to X tons in 2022, which is down by X% against 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, bread and bakery imports contracted to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Nigeria (X tons), Libya (X tons), South Africa (X tons) and Morocco (X tons) represented the major importer of bread and bakery in Africa, constituting X% of total import. It was followed by Angola (X tons), comprising a X% share of total imports. The following importers - Somalia (X tons), Rwanda (X tons), Cote d'Ivoire (X tons), Ghana (X tons), Mauritius (X tons), Congo (X tons), Togo (X tons) and Democratic Republic of the Congo (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Libya ($X), Morocco ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Among the main importing countries, Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, waning by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X%. The level of import peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Somalia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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