
Czech Republic - Rusks, Toasted Bread and Similar Toasted Products - Market Analysis, Forecast, Size, Trends and Insights
Czech Republic: Market for Rusks, Toasted Bread and Similar Toasted Products 2022
Market Size for Rusks, Toasted Bread and Similar Toasted Products in the Czech Republic
The Czech rusks and toasted bread market soared to $X in 2021, jumping by 16% against the previous year. Over the period under review, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +26.8% against 2019 indices. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the immediate term.
Production of Rusks, Toasted Bread and Similar Toasted Products in the Czech Republic
In value terms, rusks and toasted bread production shrank rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 119%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.
Exports of Rusks, Toasted Bread and Similar Toasted Products
Exports from the Czech Republic
In 2021, the amount of rusks, toasted bread and similar toasted products exported from the Czech Republic stood at X tons, with an increase of 15% against 2020. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 158% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, rusks and toasted bread exports skyrocketed to $X in 2021. Over the period under review, exports posted a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 62%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.
Exports by Country
Slovakia (X tons) was the main destination for rusks and toasted bread exports from the Czech Republic, with a 61% share of total exports. Moreover, rusks and toasted bread exports to Slovakia exceeded the volume sent to the second major destination, Germany (X tons), threefold. Hungary (X tons) ranked third in terms of total exports with a 9.1% share.
From 2012 to 2021, the average annual growth rate of volume to Slovakia amounted to +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+109.3% per year) and Hungary (+19.3% per year).
In value terms, Slovakia ($X) remains the key foreign market for rusks and toasted bread exports from the Czech Republic, comprising 62% of total exports. The second position in the ranking was held by Germany ($X), with a 21% share of total exports. It was followed by France, with a 5.4% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia amounted to +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+110.2% per year) and France (+461.5% per year).
Export Prices by Country
In 2021, the average rusks and toasted bread export price amounted to $X per ton, with an increase of 22% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 23%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.6%), 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 the Czech Republic
In 2021, the amount of rusks, toasted bread and similar toasted products imported into the Czech Republic stood at X tons, with an increase of 14% against the year before. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.9% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of 48%. Over the period under review, imports attained the maximum at X tons in 2018; afterwards, it flattened through to 2021.
In value terms, rusks and toasted bread imports surged to $X in 2021. Overall, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by 36% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.
Imports by Country
Romania (X tons), Slovakia (X tons) and Poland (X tons) were the main suppliers of rusks and toasted bread imports to the Czech Republic, together comprising 72% of total imports.
From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +48.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Romania ($X) constituted the largest supplier of rusks and toasted bread to the Czech Republic, comprising 36% of total imports. The second position in the ranking was taken by Poland ($X), with a 16% share of total imports. It was followed by Slovakia, with a 16% share.
From 2012 to 2021, the average annual growth rate of value from Romania amounted to +53.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.3% per year) and Slovakia (+32.1% per year).
Import Prices by Country
In 2021, the average rusks and toasted bread import price amounted to $X per ton, with an increase of 5.5% against the previous year. Over the last nine years, it increased at an average annual rate of +4.1%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Greece ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for rusks and toasted bread in the Czech Republic. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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