Australia: Market for Crispbread, Rusks and Toasted Bread 2025

Market Size for Crispbread, Rusks and Toasted Bread in Australia

The Australian market for crispbread, rusks and toasted bread totaled $X in 2022, flattening at the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Crispbread, rusk and toasted bread consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Crispbread, Rusks and Toasted Bread in Australia

In value terms, crispbread, rusk and toasted bread production rose modestly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 32%. Crispbread, rusk and toasted bread production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Crispbread, Rusks and Toasted Bread

Exports from Australia

In 2022, shipments abroad of crispbread, rusks and toasted bread decreased by -16.6% to X tons, falling for the fifth year in a row after two years of growth. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 112%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, crispbread, rusk and toasted bread exports declined remarkably to $X in 2022. Over the period under review, exports faced a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 81%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for crispbread, rusk and toasted bread exports from Australia, accounting for a 48% share of total exports. Moreover, crispbread, rusk and toasted bread exports to New Zealand exceeded the volume sent to the second major destination, the UK (X tons), fourfold. South Korea (X tons) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand amounted to -11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+6.3% per year) and South Korea (+75.1% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for crispbread, rusks and toasted bread exports from Australia, comprising 31% of total exports. The second position in the ranking was taken by South Korea ($X), with a 16% share of total exports. It was followed by Fiji, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand stood at -15.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+96.7% per year) and Fiji (+47.9% per year).

Export Prices by Country

The average export price for crispbread, rusks and toasted bread stood at $X per ton in 2022, reducing by -6.7% against the previous year. Over the period under review, the export price continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 43% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+12.3%), while the prices for the other major destinations experienced a decline.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Australia

In 2022, overseas purchases of crispbread, rusks and toasted bread decreased by -23.4% to X tons, falling for the second year in a row after two years of growth. Overall, imports saw a perceptible contraction. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, crispbread, rusk and toasted bread imports reduced markedly to $X in 2022. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 28% against the previous year. Imports peaked at $X in 2021, and then contracted sharply in the following year.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of crispbread, rusk and toasted bread to Australia, accounting for a 36% share of total imports. Moreover, crispbread, rusk and toasted bread imports from the UK exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), twofold. The third position in this ranking was taken by India (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK totaled -5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-6.6% per year) and India (+16.9% per year).

In value terms, the largest crispbread, rusk and toasted bread suppliers to Australia were New Zealand ($X), the UK ($X) and Italy ($X), with a combined 58% share of total imports. India, Canada, the Netherlands, China, Germany, South Africa and Pakistan lagged somewhat behind, together accounting for a further 30%.

Among the main suppliers, Canada, with a CAGR of +58.5%, recorded the highest growth rate of 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 average import price for crispbread, rusks and toasted bread amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price posted a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of 67% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :