Europe: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Europe

The Europe market for crispbread, rusks and toasted bread rose markedly to $X in 2022, with an increase of 12% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Crispbread, Rusks and Toasted Bread in Europe

In value terms, crispbread, rusk and toasted bread production totaled $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Crispbread, Rusks and Toasted Bread

Exports in Europe

In 2022, the amount of crispbread, rusks and toasted bread exported in Europe fell to X tons, almost unchanged from the previous year's figure. The total export volume increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 9.6% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, crispbread, rusk and toasted bread exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2014 when exports increased by 10% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then fell modestly in the following year.

Exports by Country

In 2022, Germany (X tons), Italy (X tons), the Netherlands (X tons) and Sweden (X tons) represented the key exporter of crispbread, rusks and toasted bread in Europe, generating 46% of total export. The UK (X tons) held a 5.9% share (based on physical terms) of total exports, which put it in second place, followed by Spain (5.8%), Russia (5.6%) and France (5.1%). Poland (X tons), Bulgaria (X tons), Portugal (X tons), Romania (X tons) and Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Romania (with a CAGR of +33.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread, rusk and toasted bread supplying countries in Europe were Italy ($X), Germany ($X) and Sweden ($X), with a combined 41% share of total exports. The Netherlands, France, Spain, Bulgaria, Poland, the UK, Romania, Russia, Portugal and Lithuania lagged somewhat behind, together accounting for a further 43%.

In terms of the main exporting countries, Romania, with a CAGR of +36.7%, 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

In 2022, the export price in Europe amounted to $X per ton, falling by -2.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by 9.7%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the UK ($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 Europe

In 2022, crispbread, rusk and toasted bread imports in Europe stood at X tons, standing approx. at the previous year. The total import volume increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by 11%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, crispbread, rusk and toasted bread imports amounted to $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 14% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The purchases of the twelve major importers of crispbread, rusks and toasted bread, namely France, Germany, Belgium, the Netherlands, Italy, Spain, Russia, Norway, the UK, Sweden, Ireland and Poland, represented more than two-thirds of total import. Denmark (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 29% share of total imports.

Germany, with a CAGR of +10.1%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 Europe amounted to $X per ton, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 11% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform