Ukraine: Bread And Bakery Market 2024

Bread And Bakery Market Size in Ukraine

The Ukrainian bread and bakery market amounted to $X in 2022, growing by X% against the previous year. In general, consumption, however, showed a drastic downturn. Bread and bakery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Bread And Bakery Production in Ukraine

In value terms, bread and bakery production declined slightly to $X in 2022 estimated in export price. Overall, production saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Bread and bakery production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Bread And Bakery Exports

Exports from Ukraine

In 2022, overseas shipments of bread and bakery decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, bread and bakery exports contracted rapidly to $X in 2022. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons), Poland (X tons) and Moldova (X tons) were the main destinations of bread and bakery exports from Ukraine, with a combined X% share of total exports. Latvia, Germany, Georgia, Bulgaria, Kazakhstan, Lithuania, Azerbaijan, the United States, Iraq and Israel lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for bread and bakery exported from Ukraine were Romania ($X), Poland ($X) and Moldova ($X), with a combined X% share of total exports. Germany, Georgia, Latvia, Bulgaria, Kazakhstan, the United States, Azerbaijan, Lithuania, Israel and Iraq lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Bulgaria, with a CAGR of X%, recorded the highest growth rate of 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 average bread and bakery export price amounted to $X per ton, standing approx. at the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price 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, bread and bakery export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Israel ($X per ton) and the United States ($X per ton), while the average price for exports to Iraq ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bread And Bakery Imports

Imports into Ukraine

In 2022, after five years of growth, there was significant decline in overseas purchases of bread and bakery, when their volume decreased by X% to X tons. Over the period under review, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank dramatically in the following year.

In value terms, bread and bakery imports dropped rapidly to $X in 2022. In general, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest bread and bakery supplier to Ukraine, accounting for a X% share of total imports. Moreover, bread and bakery imports from Poland exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the Netherlands (X% per year).

In value terms, Poland ($X) constituted the largest supplier of bread and bakery to Ukraine, comprising X% of total imports. The second position in the ranking was held by Bulgaria ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average bread and bakery import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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