Eastern Europe: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Eastern Europe

The East European market for crispbread, rusks and toasted bread totaled $X in 2022, flattening at the previous year. Over the period under review, consumption, however, showed a perceptible descent. The growth pace was the most rapid in 2017 when the market value increased by 8.6%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Crispbread, Rusks and Toasted Bread in Eastern Europe

In value terms, crispbread, rusk and toasted bread production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 10%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Crispbread, Rusks and Toasted Bread

Exports in Eastern Europe

Crispbread, rusk and toasted bread exports expanded notably to X tons in 2022, growing by 11% against the previous year's figure. Total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +8.3% 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 +121.3% against 2012 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 19% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, crispbread, rusk and toasted bread exports expanded markedly to $X in 2022. Total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +8.4% 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 +93.3% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of 19% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

The shipments of the five major exporters of crispbread, rusks and toasted bread, namely Russia, Poland, Bulgaria, Romania and Lithuania, represented more than two-thirds of total export. Slovakia (X tons) took the next position in the ranking, followed by Ukraine (X tons). All these countries together took approx. 11% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +73.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread, rusk and toasted bread supplying countries in Eastern Europe were Bulgaria ($X), Poland ($X) and Romania ($X), together comprising 56% of total exports. Russia, Lithuania, Slovakia and Ukraine lagged somewhat behind, together comprising a further 34%.

Among the main exporting countries, Slovakia, with a CAGR of +60.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, growing by 3.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by 8.7%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), while the other leaders experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports in Eastern Europe

In 2022, imports of crispbread, rusks and toasted bread in Eastern Europe was estimated at X tons, growing by 3.4% compared with 2021. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +6.6% 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 +71.3% against 2015 indices. The pace of growth was the most pronounced in 2013 when imports increased by 13% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, crispbread, rusk and toasted bread imports stood at $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.8% 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 +85.6% against 2015 indices. The growth pace was the most rapid in 2018 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Russia (X tons), distantly followed by Poland (X tons), the Czech Republic (X tons), Romania (X tons), Hungary (X tons), Belarus (X tons) and Slovakia (X tons) were the main importers of crispbread, rusks and toasted bread, together generating 81% of total imports. Ukraine (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +15.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread, rusk and toasted bread importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), together accounting for 48% of total imports. Romania, Hungary, Belarus, Slovakia and Ukraine lagged somewhat behind, together comprising a further 34%.

In terms of the main importing countries, Hungary, with a CAGR of +13.6%, saw 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 2022, the import price in Eastern Europe amounted to $X per ton, increasing by 2.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 7.8% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 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 the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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