Belarus: Bread And Bakery Market 2024

Bread And Bakery Market Size in Belarus

The Belarusian bread and bakery market contracted modestly to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a deep setback. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Bread And Bakery Production in Belarus

In value terms, bread and bakery production dropped modestly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Bread and bakery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Bread And Bakery Exports

Exports from Belarus

In 2022, approx. X tons of bread and bakery were exported from Belarus; rising by X% against the year before. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its volume 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 2012 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, bread and bakery exports expanded notably to $X in 2022. Overall, total exports indicated a perceptible 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 most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

The United Arab Emirates (X tons) was the main destination for bread and bakery exports from Belarus, accounting for a X% share of total exports. Moreover, bread and bakery exports to the United Arab Emirates exceeded the volume sent to the second major destination, Russia (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Ukraine (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for bread and bakery exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the average bread and bakery export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, showed a mild setback. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to the United Arab Emirates ($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 Ukraine (X%), while the prices for the other major destinations experienced a decline.

Bread And Bakery Imports

Imports into Belarus

In 2022, after ten years of growth, there was significant decline in purchases abroad of bread and bakery, when their volume decreased by X% to X tons. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, bread and bakery imports contracted to $X in 2022. Over the period under review, total imports indicated a prominent expansion 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

The United Arab Emirates (X tons), Russia (X tons) and Ukraine (X tons) were the main suppliers of bread and bakery imports to Belarus, together accounting for X% of total imports. Poland lagged somewhat behind, accounting for a further X%.

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

In value terms, the largest bread and bakery suppliers to Belarus were the United Arab Emirates ($X), Russia ($X) and Ukraine ($X), with a combined X% share of total imports. These countries were followed by Poland, which accounted for a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bread and bakery import price stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($X per ton) and Russia ($X per ton), while the price for Poland ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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