EU: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in the EU

The EU market for crispbread, rusks and toasted bread surged to $X in 2022, jumping by 17% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Crispbread, Rusks and Toasted Bread in the EU

In value terms, crispbread, rusk and toasted bread production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Crispbread, Rusks and Toasted Bread

Exports in the EU

In 2022, the amount of crispbread, rusks and toasted bread exported in the European Union contracted modestly to X tons, stabilizing at 2021 figures. The total export volume increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 8.5%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, crispbread, rusk and toasted bread exports declined modestly to $X in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 11%. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced slightly in the following year.

Exports by Country

The shipments of the four major exporters of crispbread, rusks and toasted bread, namely Germany, Italy, the Netherlands and Sweden, represented more than half of total export. Spain (X tons) held the next position in the ranking, followed by France (X tons), Poland (X tons) and Bulgaria (X tons). All these countries together took approx. 23% share of total exports. Portugal (X tons), Romania (X tons), Lithuania (X tons), Finland (X tons) and Greece (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +33.9%), 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 the European Union were Italy ($X), Germany ($X) and Sweden ($X), together accounting for 46% of total exports. The Netherlands, France, Spain, Bulgaria, Poland, Romania, Portugal, Finland, Greece and Lithuania lagged somewhat behind, together comprising a further 46%.

Romania, with a CAGR of +36.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 the European Union stood at $X per ton in 2022, declining by -2.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by 11%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

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 Finland ($X per ton), while Lithuania ($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 the EU

In 2022, crispbread, rusk and toasted bread imports in the European Union totaled X tons, standing approx. at the previous year. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 6.1% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, crispbread, rusk and toasted bread imports reached $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +50.1% against 2015 indices. The pace of growth was the most pronounced in 2018 when imports increased by 16%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

France (X tons), Germany (X tons), Belgium (X tons), the Netherlands (X tons), Italy (X tons) and Spain (X tons) represented roughly 61% of total imports in 2022. The following importers - Sweden (X tons), Ireland (X tons), Poland (X tons), Denmark (X tons), the Czech Republic (X tons), Romania (X tons) and Hungary (X tons) - together made up 22% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +15.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022, together accounting for 36% of total imports. Italy, Belgium, Spain, Sweden, Denmark, Poland, Ireland, the Czech Republic, Romania and Hungary lagged somewhat behind, together comprising a further 47%.

In terms of the main importing countries, Hungary, with a CAGR of +13.6%, saw the highest growth rate of 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

The import price in the European Union stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2018 an increase of 9.7%. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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