Report Update Nov 1, 2024

Uruguay - Crispbread and Rusks - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Uruguay

In 2022, the Uruguayan market for crispbread, rusks and toasted bread decreased by -2.3% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption, however, saw a remarkable increase. Over the period under review, the market reached the peak level at $X in 2021, and then fell modestly in the following year.

Production of Crispbread, Rusks and Toasted Bread in Uruguay

In value terms, crispbread, rusk and toasted bread production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 56%. Crispbread, rusk and toasted bread production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Crispbread, Rusks and Toasted Bread

Exports from Uruguay

In 2022, approx. X kg of crispbread, rusks and toasted bread were exported from Uruguay; shrinking by -5.1% against 2021 figures. Over the period under review, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2019 when exports increased by 18% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, crispbread, rusk and toasted bread exports reached $X in 2022. In general, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2019 with an increase of 98%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X kg) was the main destination for crispbread, rusk and toasted bread exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Chile stood at -43.9%.

In value terms, Chile ($X) also remains the key foreign market for crispbread, rusks and toasted bread exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Chile totaled -28.9%.

Export Prices by Country

In 2022, the average export price for crispbread, rusks and toasted bread amounted to $X per ton, picking up by 6.9% against the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 206%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +26.7% per year.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Uruguay

In 2022, crispbread, rusk and toasted bread imports into Uruguay reduced dramatically to X tons, waning by -28.6% on 2021. Overall, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of X tons, and then contracted sharply in the following year.

In value terms, crispbread, rusk and toasted bread imports dropped to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +4.2% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X tons), Argentina (X tons) and Portugal (X tons) were the main suppliers of crispbread, rusk and toasted bread imports to Uruguay, with a combined 93% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +28.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread, rusk and toasted bread suppliers to Uruguay were Argentina ($X), Brazil ($X) and Spain ($X), together comprising 90% of total imports.

Spain, with a CAGR of +28.6%, recorded the highest rates of growth with regard to 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

In 2022, the average import price for crispbread, rusks and toasted bread amounted to $X per ton, rising by 25% against the previous year. Overall, the import price, however, saw a slight reduction. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crispbread, rusks and toasted bread in the world?

China remains the largest crispbread, rusk and toasted bread consuming country worldwide, comprising approx. 14% of total volume. Moreover, crispbread, rusk and toasted bread consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 5.5% share.

What are the largest producers of crispbread, rusks and toasted bread in the world?

China constituted the country with the largest volume of crispbread, rusk and toasted bread production, comprising approx. 14% of total volume. Moreover, crispbread, rusk and toasted bread production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 5.5% share.

What are the leading suppliers of crispbread, rusks and toasted bread to Uruguay?

In value terms, the largest crispbread, rusk and toasted bread suppliers to Uruguay were Brazil, Argentina and Bulgaria, with a combined 82% share of total imports. These countries were followed by Portugal, Spain, Thailand and Italy, which together accounted for a further 14%.

What are the leading importers of crispbread, rusks and toasted bread from Uruguay?

In value terms, Chile remains the key foreign market for crispbread, rusk and toasted bread exports from Uruguay.

What is the average export price for crispbread, rusks and toasted bread in Uruguay?

The average export price for crispbread, rusks and toasted bread stood at $8,129 per ton in 2021, waning by -33.1% against the previous year.

What is the average import price for crispbread, rusks and toasted bread in Uruguay?

The average import price for crispbread, rusks and toasted bread stood at $2,768 per ton in 2021, waning by -2.6% against the previous year.

This report provides an in-depth analysis of the market for crispbread, rusk and toasted bread in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10721130 - Crispbread
Prodcom 10721150 - Rusks, toasted bread and similar toasted products

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023