United Kingdom: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in the UK

The UK mixes and doughs market rose markedly to $X in 2022, growing by 10% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Mixes And Doughs Production in the UK

In value terms, mixes and doughs production reached $X in 2022 estimated in export price. Overall, production continues to indicate a mild descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by 24%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Mixes And Doughs Exports

Exports from the UK

In 2022, overseas shipments of mixes and doughs increased by 2.6% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 60% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, mixes and doughs exports reached $X in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 35% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ireland (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of mixes and doughs exports from the UK, together comprising 51% of total exports. Belgium, the United States, Poland, Germany, Saudi Arabia, South Africa, Sweden, Spain, Australia and Italy lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +26.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixes and doughs exported from the UK were Ireland ($X), the Netherlands ($X) and France ($X), together comprising 46% of total exports. Belgium, the United States, Germany, Poland, South Africa, Saudi Arabia, Australia, Spain, Sweden and Italy lagged somewhat behind, together comprising a further 33%.

Australia, with a CAGR of +27.3%, recorded 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 more modest paces of growth.

Export Prices by Country

The average mixes and doughs export price stood at $X per ton in 2022, rising by 2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 an increase of 36%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into the UK

Mixes and doughs imports into the UK skyrocketed to X tons in 2022, rising by 33% compared with the previous year. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixes and doughs imports soared to $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +9.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of mixes and doughs imports to the UK, together comprising 63% of total imports. Greece, the Netherlands, Poland, Italy, Ireland, Malaysia, Denmark, Pakistan, Bangladesh and the United States lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +131.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mixes and doughs suppliers to the UK were France ($X), Germany ($X) and Belgium ($X), with a combined 66% share of total imports. Greece, the Netherlands, Italy, Ireland, Denmark, Malaysia, Poland, the United States, Pakistan and Bangladesh lagged somewhat behind, together accounting for a further 30%.

In terms of the main suppliers, Bangladesh, with a CAGR of +114.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mixes and doughs import price amounted to $X per ton, increasing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2013 an increase of 28% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 Denmark ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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