Thailand - Crispbread And Rusks - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Thailand - Crispbread And Rusks - Market Analysis, Forecast, Size, Trends and Insights

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Price for Crispbread, Rusk and Toasted Bread in Thailand - 2023

Contents:

  1. Price for Crispbread, Rusk and Toasted Bread in Thailand (FOB) - 2023
  2. Price for Crispbread, Rusk and Toasted Bread in Thailand (CIF) - 2022
  3. Exports of Crispbread, Rusk and Toasted Bread in Thailand
  4. Imports of Crispbread, Rusk and Toasted Bread in Thailand

Price for Crispbread, Rusk and Toasted Bread in Thailand (FOB) - 2023

In September 2023, the average export price for crispbread, rusks and toasted bread amounted to $3,405 per ton, therefore, remained relatively stable against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 7.5% m-o-m. Over the period under review, the average export prices hit record highs at $3,646 per ton in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Taiwan (Chinese) ($5,919 per ton), while the average price for exports to Cambodia ($1,838 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Crispbread, Rusk and Toasted Bread in Thailand (CIF) - 2022

In 2022, the average import price for crispbread, rusks and toasted bread amounted to $3,257 per ton, growing by 14% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 32%. The import price peaked at $3,517 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($6,965 per ton), while the price for the UK ($1,554 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Crispbread, Rusk and Toasted Bread in Thailand

After three years of growth, shipments abroad of crispbread, rusks and toasted bread decreased by -4.9% to 45K tons in 2022. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 10%.

In value terms, crispbread, rusk and toasted bread exports dropped slightly to $138M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 3.9% against the previous year. As a result, the exports reached the peak of $138M, leveling off in the following year.

Export of Crispbread, Rusk and Toasted Bread in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands19.718.023.623.86.5%
Myanmar1.09.913.816.8156.1%
United States15.013.812.614.9-0.2%
Australia13.712.412.612.6-2.8%
Lao People's Democratic Republic10.010.210.09.7-1.0%
United Kingdom6.26.64.97.35.6%
Philippines10.29.87.06.6-13.5%
Japan8.06.96.46.4-7.2%
Malaysia5.35.75.74.6-4.6%
Saudi Arabia6.64.04.94.2-14.0%
Cambodia5.23.94.63.9-9.1%
Vietnam4.53.33.02.0-23.7%
Indonesia1.10.80.81.817.8%
Others30.527.328.023.0-9.0%
Total1371331381380.2%

Top Export Markets for Crispbread, Rusk and Toasted Bread from Thailand in 2022:

  1. Netherlands (8.1K tons)
  2. Myanmar (6.8K tons)
  3. Lao People's Democratic Republic (4.0K tons)
  4. Australia (3.2K tons)
  5. United States (3.0K tons)
  6. Philippines (2.9K tons)
  7. Malaysia (2.1K tons)
  8. Cambodia (1.8K tons)
  9. Saudi Arabia (1.7K tons)
  10. Japan (1.7K tons)
  11. United Kingdom (1.6K tons)
  12. Indonesia (0.8K tons)
  13. Vietnam (0.8K tons)

Imports of Crispbread, Rusk and Toasted Bread in Thailand

After three years of growth, supplies from abroad of crispbread, rusks and toasted bread decreased by -25.1% to 660 tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of 881 tons, and then declined rapidly in the following year.

In value terms, crispbread, rusk and toasted bread imports reduced to $2.1M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 44%. As a result, imports attained the peak of $2.5M, and then reduced in the following year.

Import of Crispbread, Rusk and Toasted Bread in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia382456786328-5.0%
United Kingdom2992472643252.8%
Indonesia28185.41903093.2%
United States49.234.984.415145.3%
Australia6.912.059.2145176.0%
Singapore79.911010214421.7%
Italy10774.963.21378.6%
Poland165114136135-6.5%
Japan88.797.11441169.4%
France91.729543870.4-8.4%
Germany47.262.767.657.36.7%
Others2171481732312.1%
Total1,8141,7362,5082,1495.8%

Top Suppliers of Crispbread, Rusk and Toasted Bread to Thailand in 2022:

  1. United Kingdom (209.3 tons)
  2. Indonesia (122.4 tons)
  3. Malaysia (112.0 tons)
  4. Poland (36.8 tons)
  5. United States (23.6 tons)
  6. Singapore (23.5 tons)
  7. Italy (21.9 tons)
  8. Australia (20.8 tons)
  9. Japan (18.9 tons)
  10. Germany (14.7 tons)
  11. France (11.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for crispbread, rusk and toasted bread in Thailand. 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:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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