Overview of the Global Market for Rusks, Toasted Bread and Similar Toasted Products

Market Size for Rusks, Toasted Bread and Similar Toasted Products

In 2021, after three years of growth, there was decline in the global rusks and toasted bread market, when its value decreased by -3.9% to $X. The market value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then reduced slightly in the following year.

Production of Rusks, Toasted Bread and Similar Toasted Products

In value terms, rusks and toasted bread production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by 16% against the previous year. Global production peaked at $X in 2020, and then contracted modestly in the following year.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports

In 2021, shipments abroad of rusks, toasted bread and similar toasted products decreased by -0.9% to X tons for the first time since 2011, thus ending a nine-year rising trend. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +74.9% against 2012 indices. The pace of growth appeared the most rapid in 2018 with an increase of 16%. Over the period under review, the global exports attained the peak figure at X tons in 2020, and then declined modestly in the following year.

In value terms, rusks and toasted bread exports expanded sharply to $X in 2021. In general, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +55.3% against 2015 indices. The pace of growth was the most pronounced in 2018 when exports increased by 16% against the previous year. The global exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

The biggest shipments were from Italy (X tons), the Netherlands (X tons), Canada (X tons), the United States (X tons), Spain (X tons), Russia (X tons), the UK (X tons), Saudi Arabia (X tons), France (X tons), Portugal (X tons), Poland (X tons) and Bulgaria (X tons), together recording 63% of total export. Finland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +32.0%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Italy ($X), Canada ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2021, with a combined 31% share of global exports. The United States, Spain, France, Saudi Arabia, Bulgaria, Portugal, Finland, Russia, Poland and the UK lagged somewhat behind, together comprising a further 37%.

Poland, with a CAGR of +28.1%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average rusks and toasted bread export price stood at $X per ton in 2021, picking up by 9% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.1%), while the other global leaders experienced more modest paces of growth.

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports

Global rusks and toasted bread imports rose rapidly to X tons in 2021, picking up by 6.6% compared with the previous year. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% 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 increased by +66.7% against 2012 indices. The growth pace was the most rapid in 2016 when imports increased by 12%. Over the period under review, global imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, rusks and toasted bread imports expanded sharply to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.0% 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 increased by +45.1% against 2014 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 15%. Global imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

The purchases of the twelve major importers of rusks, toasted bread and similar toasted products, namely the United States, France, the United Arab Emirates, Belgium, Germany, Spain, Russia, the Netherlands, Canada, India, Italy and Saudi Arabia, represented more than half of total import. Austria (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +35.3%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 26% of global imports. Spain, the United Arab Emirates, Belgium, Canada, the Netherlands, Italy, Russia, Austria, Saudi Arabia and India lagged somewhat behind, together accounting for a further 33%.

India, with a CAGR of +36.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global 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, rising by 4.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 5.6%. Global import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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