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

Market Size for Rusks, Toasted Bread and Similar Toasted Products in the UK

In 2021, the UK rusks and toasted bread market decreased by -0.6% to $X, falling for the seventh consecutive year after three years of growth. In general, consumption showed a perceptible slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Rusks, Toasted Bread and Similar Toasted Products in the UK

In value terms, rusks and toasted bread production totaled $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2014 with an increase of 52%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports from the UK

In 2021, after six years of growth, there was significant decline in shipments abroad of rusks, toasted bread and similar toasted products, when their volume decreased by -9.5% to X tons. In general, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of 98%. The exports peaked at X tons in 2020, and then shrank in the following year.

In value terms, rusks and toasted bread exports dropped to $X in 2021. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 74% against the previous year. The exports peaked at $X in 2020, and then reduced in the following year.

Exports by Country

Ireland (X tons), France (X tons) and the United Arab Emirates (X tons) were the main destinations of rusks and toasted bread exports from the UK, with a combined 60% share of total exports. Canada, Russia, Indonesia, Saudi Arabia, Poland, the Netherlands, Germany, Barbados, Estonia and Belgium lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +182.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rusks and toasted bread exported from the UK were Ireland ($X), France ($X) and Canada ($X), with a combined 47% share of total exports. Indonesia, the United Arab Emirates, Russia, the Netherlands, Germany, Poland, Saudi Arabia, Barbados, Estonia and Belgium lagged somewhat behind, together comprising a further 30%.

Indonesia, with a CAGR of +188.2%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average rusks and toasted bread export price amounted to $X per ton, remaining stable against the previous year. In general, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 10% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Saudi Arabia ($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 Barbados (+17.6%), 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 UK

In 2021, after two years of growth, there was significant decline in supplies from abroad of rusks, toasted bread and similar toasted products, when their volume decreased by -27.6% to X tons. In general, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2019 with an increase of 26% against the previous year. Imports peaked at X tons in 2020, and then dropped dramatically in the following year.

In value terms, rusks and toasted bread imports contracted to $X in 2021. Over the period under review, imports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 22% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest rusks and toasted bread supplier to the UK, with a 50% share of total imports. Moreover, rusks and toasted bread imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. Ireland (X tons) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-4.1% per year) and Ireland (-21.2% per year).

In value terms, Italy ($X) constituted the largest supplier of rusks, toasted bread and similar toasted products to the UK, comprising 49% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total imports. It was followed by Ireland, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-6.6% per year) and Ireland (-20.1% per year).

Import Prices by Country

The average rusks and toasted bread import price stood at $X per ton in 2021, jumping by 18% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 24%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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