Report Update Nov 1, 2024

Uruguay - Rusks, Toasted Bread and Similar Toasted Products - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Market for Rusks, Toasted Bread and Similar Toasted Products 2024

Market Size for Rusks, Toasted Bread and Similar Toasted Products in Uruguay

After two years of growth, the Uruguayan rusks and toasted bread market decreased by -9.9% to $X in 2021. Overall, consumption, however, saw buoyant growth. Rusks and toasted bread consumption peaked at $X in 2020, and then dropped in the following year.

Production of Rusks, Toasted Bread and Similar Toasted Products in Uruguay

In value terms, rusks and toasted bread production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 90%. Rusks and toasted bread production peaked at $X in 2020, and then shrank in the following year.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports from Uruguay

In 2021, overseas shipments of rusks, toasted bread and similar toasted products decreased by -1.4% to X kg, falling for the third consecutive year after two years of growth. Overall, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2017 with an increase of 16%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, rusks and toasted bread exports reduced to $X in 2021. In general, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 98% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile totaled -47.5%.

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

From 2012 to 2021, the average annual growth rate of value to Chile amounted to -32.0%.

Export Prices by Country

The average rusks and toasted bread export price stood at $X per ton in 2021, shrinking by -9.4% against the previous year. In general, the export price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 651% against the previous year. The export price peaked at $X per ton in 2020, and then fell in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Chile amounted to +29.5% per year.

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports into Uruguay

Rusks and toasted bread imports into Uruguay skyrocketed to X tons in 2021, with an increase of 32% on the previous year's figure. In general, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rusks and toasted bread imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -2.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 23% against the previous year. Imports peaked at $X in 2019; afterwards, it flattened through to 2021.

Imports by Country

Brazil (X tons), Argentina (X tons) and Peru (X tons) were the main suppliers of rusks and toasted bread imports to Uruguay, with a combined 50% share of total imports. Portugal, Bulgaria and Spain lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +30.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rusks and toasted bread suppliers to Uruguay were Argentina ($X), Brazil ($X) and Peru ($X), with a combined 58% share of total imports. These countries were followed by Bulgaria, Portugal and Spain, which together accounted for a further 16%.

Spain, with a CAGR of +21.7%, saw the highest growth rate of the value of imports, in terms of 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 2021, the average rusks and toasted bread import price amounted to $X per ton, declining by -11.7% against the previous year. In general, the import price showed a noticeable decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 1.8%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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 Spain ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.6%), 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 rusks, toasted bread and similar toasted products in the world?

The country with the largest volume of rusks and toasted bread consumption was China, accounting for 16% of total volume. Moreover, rusks and toasted bread consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. India ranked third in terms of total consumption with a 6.2% share.

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

China remains the largest rusks and toasted bread producing country worldwide, accounting for 16% of total volume. Moreover, rusks and toasted bread production in China exceeded the figures recorded by the second-largest producer, the U.S., threefold. India ranked third in terms of total production with a 6.3% share.

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

In value terms, the largest rusks and toasted bread suppliers to Uruguay were Brazil, Argentina and Portugal, together comprising 96% of total imports.

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

In 2020, the average rusks and toasted bread export price amounted to $12,151 per ton, picking up by 522% against the previous year.

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

The average rusks and toasted bread import price stood at $2,852 per ton in 2020, with an increase of 1.9% against the previous year.

This report provides an in-depth analysis of the market for rusks 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 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:

Take advantage of the latest data
Find deeper insights into current market developments
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
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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