U.S. - Fresh Bread and Miscellaneous Bakery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh Bread and Miscellaneous Bakery in the United States - 2023
Contents:
- Price for Fresh Bread and Miscellaneous Bakery in the United States (CIF) - 2022
- Price for Fresh Bread and Miscellaneous Bakery in the United States (FOB) - 2023
- Imports of Fresh Bread and Miscellaneous Bakery in the United States
- Exports of Fresh Bread and Miscellaneous Bakery in the United States
Price for Fresh Bread and Miscellaneous Bakery in the United States (CIF) - 2022
In 2022, the average import price for fresh bread and miscellaneous bakery amounted to $4,019 per ton, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 France ($5,395 per ton), while the price for China ($1,937 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh Bread and Miscellaneous Bakery in the United States (FOB) - 2023
In August 2023, the average export price for fresh bread and miscellaneous bakery amounted to $3,647 per ton, which is down by -1.6% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 2% against the previous month. Over the period under review, the average export prices attained the peak figure at $3,705 per ton in July 2023, and then contracted slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($4,427 per ton), while the average price for exports to South Korea ($2,677 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh Bread and Miscellaneous Bakery in the United States
Fresh bread and miscellaneous bakery imports into the United States amounted to 1.5M tons in 2022, surging by 12% against the previous year's figure. The total import volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, fresh bread and miscellaneous bakery imports soared to $6.2B in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh Bread and Miscellaneous Bakery in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2,062 | 2,122 | 2,556 | 3,229 | 16.1% |
| Mexico | 611 | 662 | 831 | 1,074 | 20.7% |
| Italy | 174 | 175 | 211 | 241 | 11.5% |
| France | 165 | 148 | 191 | 215 | 9.2% |
| India | 91.5 | 89.1 | 108 | 128 | 11.8% |
| Germany | 77.2 | 80.7 | 83.4 | 117 | 14.9% |
| China | 37.6 | 40.4 | 50.7 | 59.0 | 16.2% |
| Others | 715 | 745 | 878 | 1,093 | 15.2% |
| Total | 3,933 | 4,063 | 4,910 | 6,157 | 16.1% |
Top Suppliers of Fresh Bread and Miscellaneous Bakery to the United States in 2022:
- Canada (685.2K tons)
- Mexico (419.7K tons)
- Italy (45.3K tons)
- India (45.2K tons)
- France (39.8K tons)
- Germany (31.5K tons)
- China (30.5K tons)
Exports of Fresh Bread and Miscellaneous Bakery in the United States
In 2022, fresh bread and miscellaneous bakery exports from the United States stood at 593K tons, growing by 3.9% compared with the year before. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fresh bread and miscellaneous bakery exports soared to $2.1B in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh Bread and Miscellaneous Bakery in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,063 | 1,100 | 1,141 | 1,318 | 7.4% |
| Mexico | 158 | 142 | 154 | 184 | 5.2% |
| South Korea | 42.2 | 42.2 | 40.2 | 46.5 | 3.3% |
| Japan | 31.7 | 28.7 | 31.9 | 36.2 | 4.5% |
| Others | 450 | 426 | 446 | 505 | 3.9% |
| Total | 1,744 | 1,739 | 1,813 | 2,090 | 6.2% |
Top Export Markets for Fresh Bread and Miscellaneous Bakery from the United States in 2022:
- Canada (372.3K tons)
- Mexico (59.6K tons)
- South Korea (18.1K tons)
- Japan (13.9K tons)
This report provides an in-depth analysis of the market for fresh bread and miscellaneous bakery 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 10711100 - Fresh bread containing by weight in the dry matter state . 5 % of sugars and . 5 % of fat (excluding with added honey, e ggs, cheese or fruit)
- Prodcom 10711200 - Cake and pastry products, other bakers
- Prodcom 10721910 - Matzos
- Prodcom 10721920 - Communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
- Prodcom 10721940 - Biscuits (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa, sweet biscuits, waffles and wafers)
- Prodcom 10721950 - Savoury or salted extruded or expanded products
- Prodcom 10721990 - Bakersu2019 wares, no added sweetening (including crepes, pancakes, quiche, pizza; excluding sandwiches, crispbread, waffles, wafers, rusks, toasted, savoury or salted extruded/expanded products)
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
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Bread and Bakery imports experienced a remarkable growth, reaching a total value of $877M in July 2023.
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In November 2022, the bread and bakery price stood at $4,105 per ton (CIF, US), dropping by -4.6% against the previous month.
711
In Q1-Q3 2021, imports on the U.S. bread and bakery market reached 1.6M tons worth $5.6B, which was 13% more in physical terms and 21% higher in value terms than in the same period of the previous year. American imports are expected to surpass a $7.7B annual total, reaching the highest level ever. Mexico, Canada, Italy and India are the most significant bakery suppliers to the U.S. Fresh bread and bakery, followed by sweet biscuits and waffles, constitute the primary imported products.
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American waffle and wafer imports reached $598M, the highest level ever. In physical terms, imports rose by +5.9% y-o-y to 123K tons in 2020. Canada remains the largest supplier of waffles and wafers to the U.S., comprising 55% of American import volume. Italy, Belgium, Turkey, Costa Rica, Austria and Mexico have boosted their exports to the U.S. In 2020, the average waffle and wafer import price amounted to $4,879 per ton, which was 4.5% down the figures of 2019.
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American sweet biscuit imports jumped by +7% y-o-y to 561K tons in 2020. In value terms, the purchases from abroad stood at $1.4B. Last year, Mexico remained the largest supplier to the U.S., comprising 70% of the American sweet biscuit imports. Among other major exporters, India saw the highest increase in biscuit shipments to the U.S. The average sweet biscuit import price in America dropped by -7.7% against the previous year.
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Gingerbread imports reached a value of $948K in May 2023.
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In November 2022, the crispbread price stood at $6,887 per ton (CIF, US), increasing by 20% against the previous month.
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Explore the top import markets for fresh bread and miscellaneous bakery products worldwide. Discover the key statistics and import values of countries such as the United States, United Kingdom, Germany, France, and more. Learn about the market trends and demand for bakery goods, supported by data from the IndexBox market intelligence platform.
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