Belgium: Market for Rusks, Toasted Bread and Similar Toasted Products 2024

Market Size for Rusks, Toasted Bread and Similar Toasted Products in Belgium

The Belgian rusks and toasted bread market amounted to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Rusks and toasted bread consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Rusks, Toasted Bread and Similar Toasted Products in Belgium

In value terms, rusks and toasted bread production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Rusks and toasted bread production peaked at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports from Belgium

In 2022, overseas shipments of rusks, toasted bread and similar toasted products increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, rusks and toasted bread exports contracted to $X in 2022. Overall, exports, however, saw a slight setback. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for rusks and toasted bread exports from Belgium, with a X% share of total exports. Moreover, rusks and toasted bread exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), twofold. Luxembourg (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Luxembourg (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for rusks, toasted bread and similar toasted products exports from Belgium, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by Luxembourg, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The average rusks and toasted bread export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rusks and toasted bread export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports into Belgium

In 2022, rusks and toasted bread imports into Belgium expanded to X tons, with an increase of X% against 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, rusks and toasted bread imports fell to $X in 2022. Over the period under review, imports showed slight growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of rusks and toasted bread to Belgium, accounting for a X% share of total imports. Moreover, rusks and toasted bread imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of rusks, toasted bread and similar toasted products to Belgium, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average rusks and toasted bread import price amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, saw slight growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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