Czech Republic - Rusks, Toasted Bread And Similar Toasted Products - Market Analysis, Forecast, Size, Trends And Insights

Czech Republic: Toasted Bread Market Overview 2020

Toasted Bread Market Size in the Czech Republic

The revenue of the toasted bread market in the Czech Republic amounted to $X in 2018, growing by X% against the previous year. Overall, toasted bread consumption, however, continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, the toasted bread market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Toasted Bread Production in the Czech Republic

In value terms, toasted bread production stood at $X in 2018 estimated in export prices. In general, toasted bread production, however, continues to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, toasted bread production attained its maximum level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Toasted Bread Exports

Exports from the Czech Republic

In 2018, the amount of rusks, toasted bread and similar toasted products exported from the Czech Republic amounted to X tonnes, waning by -X% against the previous year. In general, toasted bread exports, however, continue to indicate a temperate increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, toasted bread exports amounted to $X in 2018. Overall, toasted bread exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Slovakia (X tonnes) was the main destination for toasted bread exports from the Czech Republic, accounting for a X% share of total exports. Moreover, toasted bread exports to Slovakia exceeded the volume sent to the second major destination, Germany (X tonnes), sevenfold. Hungary (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Hungary (-X% per year).

In value terms, Slovakia ($X) remains the key foreign market for toasted bread exports from the Czech Republic, comprising X% of total toasted bread exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Poland (-X% per year).

Export Prices by Country

The average toasted bread export price stood at $X per tonne in 2018, growing by X% against the previous year. In general, the toasted bread export price, however, continues to indicate a measured downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for rusks, toasted bread and similar toasted products reached their peak figure at $X per tonne in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Poland ($X per tonne), while the average price for exports to Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced a decline.

Toasted Bread Imports

Imports into the Czech Republic

In 2018, approx. X tonnes of rusks, toasted bread and similar toasted products were imported into the Czech Republic; surging by X% against the previous year. In general, toasted bread imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. In that year, toasted bread imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, toasted bread imports stood at $X in 2018. Over the period under review, the total imports indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, toasted bread imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, toasted bread imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Poland (X tonnes) constituted the largest supplier of toasted bread to the Czech Republic, with a X% share of total imports. Moreover, toasted bread imports from Poland exceeded the figures recorded by the second-largest supplier, the UK (X tonnes), twofold. Bulgaria (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Bulgaria (+X% per year).

In value terms, Poland ($X), Slovakia ($X) and Bulgaria ($X) were the largest toasted bread suppliers to the Czech Republic, with a combined X% share of total imports. These countries were followed by Austria, Germany, the UK, Italy and Romania, which together accounted for a further X the main suppliers, Romania experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average toasted bread import price stood at $X per tonne in 2018, reducing by -X% against the previous year. Over the period under review, the toasted bread import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average import prices for rusks, toasted bread and similar toasted products attained their peak figure at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform