Europe: Bread And Bakery Market 2024

Bread And Bakery Market Size in Europe

After three years of decline, the Europe bread and bakery market increased by X% to $X in 2022. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Bread And Bakery Production in Europe

In value terms, bread and bakery production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Bread And Bakery Exports

Exports in Europe

Bread and bakery exports rose to X tons in 2022, surging by X% compared with the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, bread and bakery exports expanded modestly to $X in 2022. Total exports indicated a measured increase 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 most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Germany (X tons), distantly followed by Belgium (X tons), France (X tons), the Netherlands (X tons), Poland (X tons), Italy (X tons) and Spain (X tons) were the largest exporters of bread and bakery, together generating X% of total exports. The following exporters - Russia (X tons), the UK (X tons), Austria (X tons), the Czech Republic (X tons), Ireland (X tons) and Sweden (X tons) - together made up X% of total exports.

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

In value terms, the largest bread and bakery supplying countries in Europe were Germany ($X), Italy ($X) and Belgium ($X), together accounting for X% of total exports. France, Poland, the Netherlands, Spain, the UK, Austria, the Czech Republic, Sweden, Ireland and Russia lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded 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

In 2022, the export price in Europe amounted to $X per ton, leveling off at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Italy ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Bread And Bakery Imports

Imports in Europe

For the eleventh consecutive year, Europe recorded growth in supplies from abroad of bread and bakery, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, bread and bakery imports expanded notably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the UK (X tons), Germany (X tons), France (X tons), the Netherlands (X tons) and Belgium (X tons) was the key importer of bread and bakery in Europe, making up X% of total import. The following importers - Italy (X tons), Spain (X tons), Austria (X tons), Poland (X tons), the Czech Republic (X tons), Romania (X tons), Portugal (X tons) and Russia (X tons) - together made up X% 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 UK ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Netherlands, Belgium, Italy, Spain, Austria, Poland, Romania, the Czech Republic, Portugal and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, 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 Europe stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 the UK ($X per ton), while Russia ($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.

Source: IndexBox Platform