Georgia: Bread And Bakery Market 2020

Bread And Bakery Market Size in Georgia

The revenue of the bread and bakery market in Georgia amounted to $X in 2018, jumping by X% against the previous year. In general, the total market indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, bread and bakery consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. Over the period under review, the bread and bakery market attained its maximum level in 2018 and is likely to see steady growth in the near future.

Bread And Bakery Production in Georgia

In value terms, bread and bakery production stood at $X in 2018 estimated in export prices. Overall, bread and bakery production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Georgia bread and bakery production peaked in 2018 and is likely to continue its growth in the immediate term.

Bread And Bakery Exports

Exports from Georgia

Bread and bakery exports from Georgia stood at X tons in 2018, jumping by X% against the previous year. Over the period under review, bread and bakery exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Georgia exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, bread and bakery exports amounted to $X in 2018. In general, bread and bakery exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Georgia exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, Germany (X tons), followed by Belgium (X tons), France (X tons), Canada (X tons), Mexico (X tons), the U.S. (X tons), the Netherlands (X tons), Poland (X tons) and Italy (X tons) were the key exporters of bread and bakery, together constituting X% of total exports. The following exporters - Spain (X tons), Turkey (X tons) and the UK (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Georgia, while the other leaders experienced more modest paces of growth.

In value terms, the largest bread and bakery markets from Georgia were Germany ($X), Canada ($X) and Italy ($X), with a combined X% share of total exports. France, Belgium, the Netherlands, the U.S., Poland, Mexico, the UK, Spain, Turkey and Georgia lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the bread and bakery export price in Georgia amounted to $X per ton, going down by -X% against the previous year. Over the period under review, the bread and bakery export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X% year-to-year. In that year, the export prices for bread and bakery reached their peak level of $X per ton. From 2017 to 2018, the growth in terms of the export prices for bread and bakery failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Bread And Bakery Imports

Imports into Georgia

Bread and bakery imports into Georgia amounted to X tons in 2018, going up by X% against the previous year. In general, the total imports indicated resilient growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, bread and bakery imports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, bread and bakery imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, bread and bakery imports stood at $X in 2018. Over the period under review, the total imports indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, bread and bakery imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Georgia imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X tons), followed by the UK (X tons), Germany (X tons) and France (X tons) represented the key importers of bread and bakery, together achieving X% of total imports. The Netherlands (X tons), Canada (X tons), Belgium (X tons), Italy (X tons), Spain (X tons), China (X tons), Ireland (X tons) and Australia (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported bread and bakery into Georgia, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., bread and bakery imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2018, the bread and bakery import price in Georgia amounted to $X per ton, approximately mirroring the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, the import prices for bread and bakery reached their maximum at $X per ton in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform