Asia: Bread And Bakery Market Overview 2020

Bread And Bakery Market Size in Asia

For the fourth consecutive year, the Asian bread and bakery market recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2019 and is likely to see gradual growth in the immediate term.

Bread And Bakery Production in Asia

In value terms, bread and bakery production rose remarkably to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the immediate term.

Production By Country in Asia

The country with the largest volume of bread and bakery production was China (X tonnes), accounting for X% of total volume. Moreover, bread and bakery production in China exceeded the figures recorded by the second-largest producer, Pakistan (X tonnes), fivefold. Bangladesh (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in China totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (+X% per year) and Bangladesh (+X% per year).

Bread And Bakery Exports

Exports in Asia

In 2019, approx. X tonnes of bread and bakery were exported in Asia; flattening at 2018. Total exports indicated a prominent increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes, leveling off in the following year.

In value terms, bread and bakery exports expanded modestly to $X in 2019. Overall, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure in 2019 and are likely to continue growth in years to come.

Exports by Country

In 2019, Turkey (X tonnes), distantly followed by Malaysia (X tonnes), India (X tonnes), Indonesia (X tonnes), China (X tonnes) and Thailand (X tonnes) represented the major exporters of bread and bakery, together constituting X% of total exports. Saudi Arabia (X tonnes), Viet Nam (X tonnes), the United Arab Emirates (X tonnes), the Philippines (X tonnes), South Korea (X tonnes) and China, Hong Kong SAR (X tonnes) occupied a little share of total exports.

From 2007 to 2019, the biggest increases were in Indonesia, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Malaysia ($X) and Indonesia ($X) were the countries with the highest levels of exports in 2019, together accounting for X% of total exports.

Among the main exporting countries, Indonesia saw the highest rates of growth with regard to 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

In 2019, the bread and bakery export price in Asia amounted to $X per tonne, surging by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. Over the period under review, export prices reached the maximum in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was China, Hong Kong SAR ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Bread And Bakery Imports

Imports in Asia

In 2019, the amount of bread and bakery imported in Asia totaled X tonnes, picking up by X% compared with 2018. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. The volume of import peaked in 2019 and is expected to retain growth in the immediate term.

In value terms, bread and bakery imports rose notably to $X in 2019. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. The level of import peaked in 2019 and is expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of bread and bakery imports in 2019 were Iraq (X tonnes), Saudi Arabia (X tonnes), China (X tonnes), Japan (X tonnes), China, Hong Kong SAR (X tonnes), the United Arab Emirates (X tonnes), South Korea (X tonnes), Singapore (X tonnes), Kazakhstan (X tonnes), the Philippines (X tonnes), Viet Nam (X tonnes) and Kuwait (X tonnes), together amounting to X% of total import.

From 2007 to 2019, the biggest increases were in the Philippines, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Saudi Arabia ($X) and China, Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Among the main importing countries, China recorded 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

In 2019, the bread and bakery import price in Asia amounted to $X per tonne, remaining relatively unchanged against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the import price increased by X% year-to-year. Over the period under review, import prices hit record highs in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was China ($X per tonne), while Kazakhstan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bread and bakery in Asia?

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China (50M tonnes) remains the largest bread and bakery consuming country in Asia, comprising approx. 40% of total volume. Moreover, bread and bakery consumption in China exceeded the figures recorded by the second-largest consumer, Pakistan (11M tonnes), fivefold. Bangladesh (9M tonnes) ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of bread and bakery in Asia?

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The country with the largest volume of bread and bakery production was China (50M tonnes), comprising approx. 40% of total volume. Moreover, bread and bakery production in China exceeded the figures recorded by the second-largest producer, Pakistan (11M tonnes), fivefold. The third position in this ranking was occupied by Bangladesh (9M tonnes), with a 7.2% share.

What are the leading suppliers of bread and bakery in Asia?

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In value terms, the largest bread and bakery supplying countries in Asia were Turkey ($1.1B), Malaysia ($785M) and Indonesia ($677M), with a combined 39% share of total exports.

What are the leading importers of bread and bakery in Asia?

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In value terms, China ($853M), Saudi Arabia ($621M) and China, Hong Kong SAR ($469M) appeared to be the countries with the highest levels of imports in 2019, with a combined 28% share of total imports.

What is the average export price for bread and bakery in Asia?

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In 2019, the bread and bakery export price in Asia amounted to $2,941 per tonne, picking up by 4.7% against the previous year.

What is the average import price for bread and bakery in Asia?

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In 2019, the bread and bakery import price in Asia amounted to $2,927 per tonne, therefore, remained relatively stable against the previous year.