Eastern Europe: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Eastern Europe

In 2021, the East European breakfast cereal market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Breakfast Cereal Production in Eastern Europe

In value terms, breakfast cereal production reached $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Breakfast Cereal Exports

Exports in Eastern Europe

Breakfast cereal exports rose notably to X tons in 2021, growing by X% against the year before. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, breakfast cereal exports rose sharply to $X in 2021. In general, exports posted a prominent increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Poland was the major exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by the Czech Republic (X tons), Russia (X tons) and Lithuania (X tons), together mixing up a X% share of total exports. The following exporters - Ukraine (X tons), Bulgaria (X tons) and Romania (X tons) - each reached an X% share of total exports.

Exports from Poland increased at an average annual rate of +X% from 2012 to 2021. At the same time, Russia (+X%), Ukraine (+X%), Romania (+X%), Lithuania (+X%), Bulgaria (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2012-2021. While the share of Russia (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Czech Republic (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Poland, breakfast cereal exports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Czech Republic (+X% per year) and Lithuania (+X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+X%), while the other leaders experienced more modest paces of growth.

Breakfast Cereal Imports

Imports in Eastern Europe

Breakfast cereal imports stood at X tons in 2021, remaining constant against the previous year. Total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% 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 +X% against 2012 indices. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, breakfast cereal imports expanded significantly to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% 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 +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Poland (X tons), Russia (X tons), Romania (X tons), Hungary (X tons), Ukraine (X tons), the Czech Republic (X tons) and Slovakia (X tons) represented roughly X% of total imports in 2021.

From 2012 to 2021, the biggest increases were in Ukraine (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest breakfast cereal importing markets in Eastern Europe were Poland ($X), Romania ($X) and Hungary ($X), together accounting for X% of total imports. These countries were followed by the Czech Republic, Russia, Slovakia and Ukraine, which together accounted for a further X the main importing countries, the Czech Republic, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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