Eastern Europe: Bread And Bakery Market 2024

Bread And Bakery Market Size in Eastern Europe

For the third year in a row, the East European bread and bakery market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption showed a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Bread And Bakery Production in Eastern Europe

In value terms, bread and bakery production stood at $X in 2022 estimated in export price. Overall, production saw a noticeable descent. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Bread And Bakery Exports

Exports in Eastern Europe

For the third year in a row, Eastern Europe recorded growth in shipments abroad of bread and bakery, which increased by X% to X tons in 2022. Total exports indicated a buoyant 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 most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, bread and bakery exports reached $X in 2022. Total exports indicated a resilient 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, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Poland (X tons) was the main exporter of bread and bakery, comprising X% of total exports. Russia (X tons) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%) and Bulgaria (X%). Romania (X tons), Ukraine (X tons), Slovakia (X tons), Lithuania (X tons), Hungary (X tons), Latvia (X tons) and Estonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bread and bakery exports from Poland stood at X%. At the same time, Russia (X%), Romania (X%), Slovakia (X%), Lithuania (X%), Latvia (X%), the Czech Republic (X%), Bulgaria (X%), Estonia (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Hungary (X p.p.) and Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest bread and bakery supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Russia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

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

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

Bread And Bakery Imports

Imports in Eastern Europe

In 2022, the amount of bread and bakery imported in Eastern Europe rose sharply to X tons, with an increase of X% against the previous year. Total imports indicated a prominent increase 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 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, bread and bakery imports amounted to $X in 2022. Total imports indicated a buoyant 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 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Poland (X tons), the Czech Republic (X tons), Romania (X tons), Russia (X tons), Hungary (X tons) and Slovakia (X tons) represented the key importer of bread and bakery in Eastern Europe, committing X% of total import. Belarus (X tons) took the next position in the ranking, followed by Bulgaria (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (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 importing markets in Eastern Europe were Poland ($X), Romania ($X) and the Czech Republic ($X), together comprising X% of total imports.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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

In 2022, the import price in Eastern Europe amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bulgaria ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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