EU: Market for Rusks, Toasted Bread and Similar Toasted Products 2024

Market Size for Rusks, Toasted Bread and Similar Toasted Products in the EU

The EU rusks and toasted bread market amounted to $X in 2021, surging by 6.7% against the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2014; afterwards, it flattened through to 2021.

Production of Rusks, Toasted Bread and Similar Toasted Products in the EU

In value terms, rusks and toasted bread production amounted to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 10% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports in the EU

In 2021, overseas shipments of rusks, toasted bread and similar toasted products decreased by -1% to X tons for the first time since 2016, thus ending a four-year rising trend. The total export volume increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by 16%. Over the period under review, the exports hit record highs at X tons in 2020, and then contracted in the following year.

In value terms, rusks and toasted bread exports expanded rapidly to $X in 2021. The total export value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by 16% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons) and the Netherlands (X tons) represented the largest exporters of rusks, toasted bread and similar toasted products in 2021, resulting at near 18% and 14% of total exports, respectively. Spain (X tons) took a 9.3% share (based on physical terms) of total exports, which put it in second place, followed by France (7.9%), Portugal (6.7%), Poland (6.4%), Bulgaria (6.1%) and Finland (5.1%). Germany (X tons), Sweden (X tons), Lithuania (X tons), Romania (X tons) and Greece (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +32.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest rusks and toasted bread supplying countries in the European Union were Italy ($X), the Netherlands ($X) and Spain ($X), with a combined 42% share of total exports. France, Bulgaria, Portugal, Germany, Finland, Sweden, Poland, Romania, Greece and Lithuania lagged somewhat behind, together comprising a further 49%.

Romania, with a CAGR of +36.8%, saw the highest rates of growth with regard to the value of exports, among 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 2021, surging by 11% against the previous year. In general, the export price saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.1%), while the other leaders experienced more modest paces of growth.

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports in the EU

For the tenth consecutive year, the European Union recorded growth in purchases abroad of rusks, toasted bread and similar toasted products, which increased by 5.6% to X tons in 2021. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rusks and toasted bread imports reached $X in 2021. The total import value increased at an average annual rate of +4.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 14%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

France (X tons), Belgium (X tons), Germany (X tons), Spain (X tons), the Netherlands (X tons), Italy (X tons), Austria (X tons), Romania (X tons), Ireland (X tons), Greece (X tons), Croatia (X tons) and Portugal (X tons) represented roughly 82% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +16.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rusks and toasted bread importing markets in the European Union were France ($X), Germany ($X) and Spain ($X), together comprising 40% of total imports.

Among the main importing countries, Germany, with a CAGR of +18.0%, 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 the European Union amounted to $X per ton, with an increase of 4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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