Eastern Europe: Market for Fresh Bread and Miscellaneous Bakery 2024

Market Size for Fresh Bread and Miscellaneous Bakery in Eastern Europe

The East European market for fresh bread and miscellaneous bakery reached $X in 2023, remaining constant against the previous year. Over the period under review, consumption, however, recorded a mild downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Fresh Bread and Miscellaneous Bakery in Eastern Europe

In value terms, fresh bread and miscellaneous bakery production reached $X in 2023 estimated in export price. In general, production, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Fresh Bread and Miscellaneous Bakery

Exports in Eastern Europe

For the fourth consecutive year, Eastern Europe recorded growth in shipments abroad of fresh bread and miscellaneous bakery, which increased by X% to X tons in 2023. Over the period under review, exports recorded a strong increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are likely to see steady growth in the near future.

In value terms, fresh bread and miscellaneous bakery exports skyrocketed to $X in 2023. In general, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are likely to continue growth in years to come.

Exports by Country

In 2023, Poland (X tons) was the main exporter of fresh bread and miscellaneous bakery, comprising X% of total exports. It was distantly followed by Russia (X tons), the Czech Republic (X tons), Romania (X tons), Bulgaria (X tons), Slovakia (X tons) and Lithuania (X tons), together making up a X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Slovakia (X%), Lithuania (X%), Russia (X%), Romania (X%), Bulgaria (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. While the share of Poland (X p.p.) and Slovakia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest fresh bread and miscellaneous bakery supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

In Poland, fresh bread and miscellaneous bakery exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Romania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Imports of Fresh Bread and Miscellaneous Bakery

Imports in Eastern Europe

In 2023, the amount of fresh bread and miscellaneous bakery imported in Eastern Europe rose modestly to X tons, increasing by X% against the year before. Total imports indicated a strong expansion from 2012 to 2023: its volume 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 2023 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are likely to see gradual growth in years to come.

In value terms, fresh bread and miscellaneous bakery imports soared to $X in 2023. Over the period under review, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the twelve major importers of fresh bread and miscellaneous bakery, namely Poland, the Czech Republic, Romania, Slovakia, Hungary, Russia, Bulgaria, Lithuania, Belarus, Latvia, Estonia and Ukraine, represented more than two-thirds of total import.

From 2012 to 2023, the biggest increases were recorded for Belarus (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh bread and miscellaneous bakery importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Romania ($X), together comprising X% of total imports. Hungary, Slovakia, Russia, Bulgaria, Lithuania, Latvia, Ukraine, Belarus and Estonia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Lithuania, with a CAGR of X%, 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 2023, the import price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Ukraine ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform