Asia: Bread And Bakery Market 2022

Bread And Bakery Market Size in Asia

In 2021, after four years of growth, there was decline in the Asian bread and bakery market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2020, and then contracted slightly in the following year.

Bread And Bakery Production in Asia

In value terms, bread and bakery production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020, and then fell slightly in the following year.

Bread And Bakery Exports

Exports in Asia

In 2021, approx. X tons of bread and bakery were exported in Asia; growing by X% compared with the previous year's figure. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, bread and bakery exports stood at $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, Turkey (X tons), distantly followed by Indonesia (X tons), China (X tons), Thailand (X tons), Malaysia (X tons) and India (X tons) were the major exporters of bread and bakery, together generating X% of total exports. Saudi Arabia (X tons), Vietnam (X tons), the United Arab Emirates (X tons), South Korea (X tons), Hong Kong SAR (X tons), Japan (X tons) and the Philippines (X tons) took a little share of total exports.

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

In value terms, Turkey ($X), Indonesia ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2021, with a combined X% share of total exports. Malaysia, China, Hong Kong SAR, Japan, South Korea, India, the United Arab Emirates, Saudi Arabia, Vietnam and the Philippines lagged somewhat behind, together comprising a further X terms of the main exporting countries, Hong Kong SAR, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, picking up by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2015 when the export price increased by X%. The level of export peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per ton), while India ($X per ton) was amongst the lowest.

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

Bread And Bakery Imports

Imports in Asia

In 2021, purchases abroad of bread and bakery increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, bread and bakery imports expanded slightly to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

Iraq (X tons), Saudi Arabia (X tons), China (X tons), Singapore (X tons), the Philippines (X tons), the United Arab Emirates (X tons), Hong Kong SAR (X tons), Japan (X tons), Kazakhstan (X tons), Yemen (X tons), South Korea (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2021. Oman (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bread and bakery importing markets in Asia were China ($X), Saudi Arabia ($X) and Hong Kong SAR ($X), together accounting for X% of total imports. Iraq, Singapore, Japan, the United Arab Emirates, South Korea, Malaysia, the Philippines, Oman, Kazakhstan and Yemen lagged somewhat behind, together comprising a further X the main importing countries, the Philippines, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, remaining stable against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2019; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($X per ton), while Yemen ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform