Benelux: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Benelux

In 2022, the Benelux market for crispbread, rusks and toasted bread increased by 10% to $X, rising for the third consecutive year after two years of decline. Overall, consumption posted prominent growth. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Production of Crispbread, Rusks and Toasted Bread in Benelux

In value terms, crispbread, rusk and toasted bread production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 158%. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in the near future.

Exports of Crispbread, Rusks and Toasted Bread

Exports in Benelux

In 2022, exports of crispbread, rusks and toasted bread in Benelux stood at X tons, growing by 2.5% on 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 22%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, crispbread, rusk and toasted bread exports contracted to $X in 2022. Total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.6% 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 +60.0% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

The Netherlands prevails in exports structure, amounting to X tons, which was approx. 92% of total exports in 2022. It was distantly followed by Belgium (X tons), creating an 8.3% share of total exports.

The Netherlands was also the fastest-growing in terms of the crispbread, rusks and toasted bread exports, with a CAGR of +2.0% from 2012 to 2022. Belgium (-6.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by +9.9 percentage points.

In value terms, the Netherlands ($X) remains the largest crispbread, rusk and toasted bread supplier in Benelux, comprising 88% of total exports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to +3.9%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, which is down by -13.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 22%. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.2%).

Imports of Crispbread, Rusks and Toasted Bread

Imports in Benelux

For the third consecutive year, Benelux recorded growth in overseas purchases of crispbread, rusks and toasted bread, which increased by 3.9% to X tons in 2022. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 15%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, crispbread, rusk and toasted bread imports reached $X in 2022. The total import value increased at an average annual rate of +3.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by 24%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) prevails in imports structure, together achieving 98% of total imports. Luxembourg (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of +3.5%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of +5.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, reducing by -2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2013 an increase of 10% against the previous year. The level of import peaked at $X per ton in 2021, and then contracted modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform