Benelux: Crispbread Market 2024

Crispbread Market Size in Benelux

The Benelux crispbread market rose to $X in 2021, increasing by 1.8% against the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Crispbread Production in Benelux

In value terms, crispbread production dropped to $X in 2021 estimated in export price. In general, production continues to indicate a pronounced contraction. The growth pace was the most rapid in 2017 when the production volume increased by 45%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Crispbread Exports

Exports in Benelux

In 2021, approx. X tons of crispbread were exported in Benelux; rising by 18% compared with the previous year's figure. Over the period under review, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 72%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, crispbread exports soared to $X in 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 91% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

Exports by Country

The Netherlands was the major exporting country with an export of about X tons, which accounted for 90% of total exports. It was distantly followed by Belgium (X tons), comprising a 10% share of total exports.

The Netherlands was also the fastest-growing in terms of the crispbread exports, with a CAGR of +16.7% from 2012 to 2021. At the same time, Belgium (+11.5%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +4.5 percentage points.

In value terms, the Netherlands ($X) remains the largest crispbread supplier in Benelux, comprising 91% of total exports. The second position in the ranking was taken by Belgium ($X), with an 8.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +23.1%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, picking up by 9.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2013 when the export price increased by 19% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%).

Crispbread Imports

Imports in Benelux

Crispbread imports amounted to X tons in 2021, growing by 12% on 2020. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +8.2% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 47% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, crispbread imports rose notably to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +69.0% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 42% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) was the largest importer of crispbread, generating 76% of total imports. It was distantly followed by Belgium (X tons), creating a 22% share of total imports.

Imports into the Netherlands increased at an average annual rate of +5.3% from 2012 to 2021. At the same time, Belgium (+14.0%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +14.0% from 2012-2021. From 2012 to 2021, the share of Belgium increased by +10 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported crispbread in Benelux, comprising 69% of total imports. The second position in the ranking was held by Belgium ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +5.3%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, remaining constant against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by 9.7%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.2%).

Source: IndexBox Platform