United Kingdom: Crispbread Market 2024

Crispbread Market Size in the UK

In 2021, the UK crispbread market decreased by -1.6% to $X, falling for the second year in a row after three years of growth. In general, consumption recorded a slight downturn. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Crispbread Production in the UK

In value terms, crispbread production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of 85%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Crispbread Exports

Exports from the UK

In 2021, shipments abroad of crispbread decreased by -28.3% to X tons, falling for the sixth year in a row after two years of growth. Overall, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2015 when exports increased by 24%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, crispbread exports dropped sharply to $X in 2021. In general, exports faced a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 40%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons), Canada (X tons) and the Netherlands (X tons) were the main destinations of crispbread exports from the UK, with a combined 41% share of total exports. Norway, Ireland, Iceland, France, the United States, Sweden, South Africa, Finland, New Zealand and the Czech Republic lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +7.1%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Australia ($X) and Ireland ($X) were the largest markets for crispbread exported from the UK worldwide, together comprising 45% of total exports.

Canada, with a CAGR of -3.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average crispbread export price amounted to $X per ton, growing by 1.8% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to Iceland ($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 Ireland (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Crispbread Imports

Imports into the UK

Crispbread imports into the UK shrank dramatically to X tons in 2021, waning by -74.1% on the previous year. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of 293%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, crispbread imports reduced dramatically to $X in 2021. Over the period under review, imports saw a pronounced slump. The pace of growth appeared the most rapid in 2017 with an increase of 172%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), Finland (X tons) and Ireland (X tons) were the main suppliers of crispbread imports to the UK, together comprising 57% of total imports. South Africa, Poland, Thailand, Canada, Italy, Latvia, Spain, Lithuania and the Czech Republic lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +107.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread suppliers to the UK were Germany ($X), Thailand ($X) and Finland ($X), together comprising 58% of total imports.

Thailand, with a CAGR of +136.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average crispbread import price stood at $X per ton in 2021, jumping by 40% against the previous year. Over the period under review, the import price recorded a noticeable increase. The pace of growth appeared the most rapid in 2019 an increase of 42% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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