Italy: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Italy

After two years of growth, the Italian market for crispbread, rusks and toasted bread decreased by X% to $X in 2023. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2022, and then shrank in the following year.

Production of Crispbread, Rusks and Toasted Bread in Italy

In value terms, crispbread, rusk and toasted bread production reduced to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X%. Crispbread, rusk and toasted bread production peaked at $X in 2022, and then declined in the following year.

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Exports of Crispbread, Rusks and Toasted Bread

Exports from Italy

Crispbread, rusk and toasted bread exports from Italy expanded markedly to X tons in 2023, picking up by X% compared with 2022 figures. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in years to come.

In value terms, crispbread, rusk and toasted bread exports skyrocketed to $X in 2023. In general, total exports indicated a resilient expansion from 2012 to 2023: 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 2023 figures, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of crispbread, rusk and toasted bread exports from Italy, together accounting for X% of total exports. The UK, Germany, the United States, Romania, Belgium, Austria, Croatia, Canada, Portugal and Japan lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for crispbread, rusk and toasted bread exported from Italy were France ($X), Spain ($X) and the Netherlands ($X), with a combined X% share of total exports. The United States, the UK, Germany, Romania, Belgium, Austria, Canada, Portugal, Croatia and Japan lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Romania, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for crispbread, rusks and toasted bread stood at $X per ton in 2023, jumping 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 attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Italy

In 2023, approx. X tons of crispbread, rusks and toasted bread were imported into Italy; approximately mirroring the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, crispbread, rusk and toasted bread imports soared to $X in 2023. Over the period under review, total imports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. 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 2021 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to continue growth in the near future.

Imports by Country

In 2023, Germany (X tons) constituted the largest crispbread, rusk and toasted bread supplier to Italy, accounting for a X% share of total imports. Moreover, crispbread, rusk and toasted bread imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

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

From 2012 to 2023, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

Import Prices by Country

In 2023, the average import price for crispbread, rusks and toasted bread amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2023: its price 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, crispbread, rusk and toasted bread import price increased by X% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform