United Arab Emirates: Market for Rusks, Toasted Bread and Similar Toasted Products 2024

Market Size for Rusks, Toasted Bread and Similar Toasted Products in the United Arab Emirates

The rusks and toasted bread market in the United Arab Emirates was estimated at $X in 2021, picking up by 10% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a strong expansion. Rusks and toasted bread consumption peaked in 2021 and is likely to continue growth in the near future.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports from the United Arab Emirates

In 2021, approx. X tons of rusks, toasted bread and similar toasted products were exported from the United Arab Emirates; reducing by -38.6% against the previous year's figure. In general, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of 127%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, rusks and toasted bread exports fell dramatically to $X in 2021. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 261%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons), Australia (X tons) and Kuwait (X tons) were the main destinations of rusks and toasted bread exports from the United Arab Emirates, together comprising 33% of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +70.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Saudi Arabia ($X) and Kuwait ($X) were the largest markets for rusks and toasted bread exported from the United Arab Emirates worldwide, together comprising 35% of total exports. These countries were followed by Australia, Oman, the United States, Niger, Bahrain, Singapore, Mauritius, the Netherlands, Yemen and Tanzania, which together accounted for a further 45%.

Australia, with a CAGR of +88.2%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rusks and toasted bread export price stood at $X per ton in 2021, increasing by 6.5% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, rusks and toasted bread export price increased by +39.1% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 59%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports into the United Arab Emirates

For the fourth year in a row, the United Arab Emirates recorded growth in supplies from abroad of rusks, toasted bread and similar toasted products, which increased by 7.3% to X tons in 2021. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 415% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, rusks and toasted bread imports stood at $X in 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 231%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of rusks and toasted bread to the United Arab Emirates, with a 38% share of total imports. Moreover, rusks and toasted bread imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +45.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+39.5% per year) and the UK (+12.3% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of rusks, toasted bread and similar toasted products to the United Arab Emirates, comprising 46% of total imports. The second position in the ranking was taken by India ($X), with an 18% share of total imports. It was followed by the UK, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia totaled +39.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+36.8% per year) and the UK (-3.1% per year).

Import Prices by Country

In 2021, the average rusks and toasted bread import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 13%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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