U.S. - Crispbread - Market Analysis, Forecast, Size, Trends And Insights
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View PricingU.S. Crispbread Price Soars to $6,887 per Ton After Three Consecutive Months of Growth
U.S. Crispbread Import Price in November 2022
In November 2022, the crispbread price stood at $6,887 per ton (CIF, US), increasing by 20% against the previous month. In general, import price indicated a notable expansion from January 2022 to November 2022: its price increased at an average monthly rate of +3.4% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, crispbread import price increased by +68.9% against June 2022 indices. The pace of growth was the most pronounced in April 2022 when the average import price increased by 37% against the previous month. As a result, import price reached the peak level of $7,106 per ton. From May 2022 to November 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($14,654 per ton), while the price for Moldova ($954 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Crispbread Imports
In November 2022, overseas purchases of crispbread decreased by -40.6% to 551 tons, falling for the second consecutive month after two months of growth. In general, imports recorded a perceptible decline. The pace of growth was the most pronounced in March 2022 when imports increased by 83% month-to-month. Over the period under review, imports hit record highs at 1.1K tons in September 2022; however, from October 2022 to November 2022, imports stood at a somewhat lower figure.
In value terms, crispbread imports fell rapidly to $3.8M (IndexBox estimates) in November 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2022 with an increase of 50% month-to-month. Imports peaked at 5.5K tons in September 2022; however, from October 2022 to November 2022, imports remained at a lower figure.
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U.S. Crispbread Imports by Country
Canada (167 tons), Germany (106 tons) and Vietnam (85 tons) were the main suppliers of crispbread imports to the United States, with a combined 65% share of total imports. These countries were followed by Sweden, Norway, Finland, the Dominican Republic and Moldova, which together accounted for a further 31%.
From January 2022 to November 2022, the biggest increases were in the Dominican Republic (with a CAGR of +14.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Canada ($2.4M) constituted the largest supplier of crispbread to the United States, comprising 64% of total imports. The second position in the ranking was taken by Norway ($313K), with an 8.2% share of total imports. It was followed by Germany, with an 8% share.
From January 2022 to November 2022, the average monthly growth rate of value from Canada totaled +4.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Norway (-1.6% per month) and Germany (-7.3% per month).
Factors Affecting Crispbread Prices
Crispbread prices in the U.S. have been on the rise in recent years, due to a number of factors. One major factor is the cost of wheat, which has increased due to drought conditions in many parts of the world. This has led to higher production costs for manufacturers, which have been passed on to consumers in the form of higher prices.
Another factor contributing to higher prices is the growing demand for crispbreads from health-conscious consumers. As more people become aware of the health benefits of this type of bread, they are willing to pay a premium price for it.
In addition, many crispbread manufacturers are now using more expensive ingredients such as whole grains and organic flours, which has also contributed to rising prices.
Other factors that have contributed to rising crispbread prices include transportation costs and the rising price of energy. These costs have also been passed on to consumers, leading to higher prices for crispbreads.
This report provides an in-depth analysis of the crispbread market in the U.S.. 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
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
