Southern Asia: Bread And Bakery Market 2024

Bread And Bakery Market Size in Southern Asia

The South Asian bread and bakery market dropped modestly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Bread And Bakery Production in Southern Asia

In value terms, bread and bakery production reduced slightly to $X in 2022 estimated in export price. In general, 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 X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Bread And Bakery Exports

Exports in Southern Asia

For the fourth consecutive year, Southern Asia recorded growth in shipments abroad of bread and bakery, which increased by X% to X tons in 2022. Total exports indicated prominent growth from 2012 to 2022: its volume 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 pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, bread and bakery exports soared to $X in 2022. Total exports indicated a remarkable 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 2013 indices. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

India represented the main exporting country with an export of about X tons, which finished at X% of total exports. Bangladesh (X tons) took the second position in the ranking, followed by Pakistan (X tons). All these countries together held near X% share of total exports. Sri Lanka (X tons) took a minor share of total exports.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%), Pakistan (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. Bangladesh (X p.p.) and Pakistan (X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest bread and bakery supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with an X% share of total exports. It was followed by Bangladesh, with an X% share.

In India, bread and bakery exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (X% per year) and Bangladesh (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 Sri Lanka ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Bread And Bakery Imports

Imports in Southern Asia

In 2022, supplies from abroad of bread and bakery decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, bread and bakery imports rose markedly to $X in 2022. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% 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

Afghanistan was the largest importing country with an import of about X tons, which accounted for X% of total imports. India (X tons) ranks second in terms of the total imports with a X% share, followed by Nepal (X%) and Maldives (X%). Bangladesh (X tons), Pakistan (X tons) and Bhutan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bread and bakery imports into Afghanistan stood at X%. At the same time, Bangladesh (X%), India (X%), Bhutan (X%), Pakistan (X%) and Maldives (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Nepal experienced a relatively flat trend pattern. Afghanistan (X p.p.), India (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan, Maldives and Nepal saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bread and bakery importing markets in Southern Asia were India ($X), Afghanistan ($X) and Nepal ($X), with a combined X% share of total imports.

India, with a CAGR of X%, 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

The import price in Southern Asia stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, showed a mild shrinkage. The level of import peaked at $X per ton in 2018; however, from 2019 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 India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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