Czech Republic: Bread And Bakery Market 2024

Bread And Bakery Market Size in the Czech Republic

In 2022, the Czech bread and bakery market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, the total consumption indicated slight growth 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Bread And Bakery Production in the Czech Republic

In value terms, bread and bakery production soared to $X in 2022 estimated in export price. In general, production continues to indicate measured growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Bread And Bakery Exports

Exports from the Czech Republic

In 2022, the amount of bread and bakery exported from the Czech Republic rose rapidly to X tons, surging by X% against the year before. Over the period under review, total exports indicated prominent growth 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 2020 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, bread and bakery exports expanded notably to $X in 2022. In general, total exports indicated a strong 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 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Slovakia (X tons) was the main destination for bread and bakery exports from the Czech Republic, accounting for a X% share of total exports. Moreover, bread and bakery exports to Slovakia exceeded the volume sent to the second major destination, Belgium (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, Slovakia ($X) remains the key foreign market for bread and bakery exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports. It was followed by Belgium, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average bread and bakery export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Italy ($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 Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bread And Bakery Imports

Imports into the Czech Republic

In 2022, supplies from abroad of bread and bakery increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated tangible growth 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, bread and bakery imports rose remarkably to $X in 2022. In general, total imports indicated a temperate 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, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and Slovakia (X tons) were the main suppliers of bread and bakery imports to the Czech Republic, with a combined X% share of total imports. Austria, Italy, Belgium, Hungary and France lagged somewhat behind, together comprising a further X%.

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

In value terms, Poland ($X), Germany ($X) and Slovakia ($X) appeared to be the largest bread and bakery suppliers to the Czech Republic, together comprising X% of total imports. Austria, Italy, Belgium, Hungary and France lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average bread and bakery import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank in the following year.

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

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

Source: IndexBox Platform

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