Global Bread And Bakery Market 2024

Bread And Bakery Market Size

In 2022, the global bread and bakery market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. Over the period under review, the global market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Bread And Bakery Production

In value terms, bread and bakery production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Bread And Bakery Exports

Exports

In 2022, the amount of bread and bakery exported worldwide rose rapidly to X tons, with an increase of X% compared with 2021 figures. Over the period under review, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, bread and bakery exports stood at $X in 2022. In general, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Germany (X tons), followed by Canada (X tons), Belgium (X tons), France (X tons), the Netherlands (X tons), Mexico (X tons), Poland (X tons), Italy (X tons) and the United States (X tons) were the major exporters of bread and bakery, together constituting X% of total exports. The following exporters - Spain (X tons), Turkey (X tons), Russia (X tons) and the UK (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of global exports. Belgium, France, Poland, the Netherlands, the United States, Mexico, Spain, Turkey, the UK and Russia lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average bread and bakery export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while Russia ($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 (X%), while the other global leaders experienced more modest paces of growth.

Bread And Bakery Imports

Imports

In 2022, approx. X tons of bread and bakery were imported worldwide; increasing by X% compared with 2021 figures. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2012 indices. The growth pace was the most rapid in 2021 with an increase of X%. Global imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, bread and bakery imports expanded significantly to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the United States (X tons), distantly followed by the UK (X tons), Germany (X tons), France (X tons) and the Netherlands (X tons) were the main importers of bread and bakery, together creating X% of total imports. The following importers - Belgium (X tons), Canada (X tons), Italy (X tons), Iraq (X tons), Spain (X tons), Austria (X tons) and Poland (X tons) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), Poland (X%), the Netherlands (X%), Germany (X%), the UK (X%), Spain (X%), Italy (X%), Belgium (X%), Canada (X%), Austria (X%) and France (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. While the share of the United States (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported bread and bakery worldwide, comprising X% of global imports. The second position in the ranking was held by the UK ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%. In the other countries, the average annual rates were as follows: the UK (X% per year) and Germany (X% per year).

Import Prices by Country

The average bread and bakery import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Global import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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