Eastern Europe: Bread And Bakery Market 2024

Bread And Bakery Market Size in Eastern Europe

The East European bread and bakery market amounted to $X in 2023, picking up by X% against the previous year. In general, consumption, however, continues to indicate a slight downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Bread And Bakery Production in Eastern Europe

In value terms, bread and bakery production reached $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Bread And Bakery Exports

Exports in Eastern Europe

For the fourth year in a row, Eastern Europe recorded growth in overseas shipments of bread and bakery, which increased by X% to X tons in 2023. Total exports indicated a prominent 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, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, bread and bakery exports skyrocketed to $X in 2023. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland was the key exporter of bread and bakery in Eastern Europe, with the volume of exports reaching X tons, which was approx. X% of total exports in 2023. It was distantly followed by Russia (X tons), the Czech Republic (X tons), Bulgaria (X tons), Romania (X tons) and Ukraine (X tons), together mixing up a X% share of total exports. Slovakia (X tons) held a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to bread and bakery exports from Poland stood at X%. At the same time, Slovakia (X%), Romania (X%), Russia (X%), the Czech Republic (X%) and Bulgaria (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. By contrast, Ukraine (X%) illustrated a downward trend over the same period. Poland (X p.p.), Russia (X p.p.) and Slovakia (X p.p.) significantly strengthened its position in terms of the total exports, while Bulgaria and Ukraine saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Poland, bread and bakery exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, jumping by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia ($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.

Bread And Bakery Imports

Imports in Eastern Europe

In 2023, approx. X tons of bread and bakery were imported in Eastern Europe; increasing by X% against the previous year's figure. Total imports indicated a prominent increase 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 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are likely to see steady growth in the immediate term.

In value terms, bread and bakery imports skyrocketed to $X in 2023. Overall, imports showed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of bread and bakery, namely Poland, the Czech Republic and Romania, represented more than half of total import. Hungary (X tons) ranks next in terms of the total imports with a X% share, followed by Slovakia (X%), Russia (X%) and Bulgaria (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bread and bakery importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Romania ($X), with a combined X% share of total imports.

In terms of the main importing countries, Romania, 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

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

Average prices varied noticeably amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Bulgaria ($X per ton) and Poland ($X per ton), while Hungary ($X per ton) and Slovakia ($X per ton) were 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.

Source: IndexBox Platform