Latin America and the Caribbean - Bakers’ Wares (No Added Sweetening) - Market Analysis, Forecast, Size, Trends And Insights

Latin America and the Caribbean: Overview of the Market for Bread And Miscellaneous Bakers’ Wares 2019

Market Size for Bread And Miscellaneous Bakers’ Wares in Latin America and the Caribbean

The revenue of the market of bread and miscellaneous bakers wares in Latin America and the Caribbean amounted to $X in 2018, dropping by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013, when the market value increased by X% y-o-y. Over the period under review, the market for bread and miscellaneous bakers wares reached its maximum level at $X in 2017, and then declined slightly in the following year.

Production of Bread And Miscellaneous Bakers’ Wares in Latin America and the Caribbean

In value terms, production of bread and miscellaneous bakers wares stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. The level of production of bread and miscellaneous bakers wares peaked in 2018, and is likely to see steady growth in the immediate term.

Exports of Bread And Miscellaneous Bakers’ Wares

Exports in Latin America and the Caribbean

In 2018, approx. X tonnes of bread and miscellaneous bakers wares were exported in Latin America and the Caribbean; picking up by X% against the previous year. The total exports indicated a remarkable expansion from 2007 to 2018: its volume 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 2018 figures, the exports of bread and miscellaneous bakers wares increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, exports of bread and miscellaneous bakers wares attained their maximum in 2018, and are likely to continue its growth in the immediate term.

In value terms, exports of bread and miscellaneous bakers wares totaled $X in 2018. The total exports indicated a prominent growth 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, the exports of bread and miscellaneous bakers wares increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. Over the period under review, exports of bread and miscellaneous bakers wares reached their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

Mexico represented the key exporting country with an export of about X tonnes, which reached X% of total exports. El Salvador (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Peru (X%). Colombia (X tonnes), Argentina (X tonnes) and Guatemala (X tonnes) occupied a minor share of total exports.

Mexico was also the fastest growing in terms of the bread and miscellaneous bakers wares exports, with a CAGR of +X% from 2007 to 2018. At the same time, Peru (+X%), Colombia (+X%) and El Salvador (+X%) displayed positive paces of growth. By contrast, Guatemala (-X%) and Argentina (-X%) illustrated a downward trend over the same period. While the share of Argentina (X%) and Guatemala (X%) increased significantly in terms of the global exports from 2007-2018, the share of Colombia (-X%), Peru (-X%), El Salvador (-X%) and Mexico (-X%) displayed negative dynamics.

In value terms, Mexico ($X) remains the largest bread and miscellaneous bakers wares supplier in Latin America and the Caribbean, comprising X% of total exports of bread and miscellaneous bakers wares. The second position in the ranking was occupied by El Salvador ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Mexico, exports of bread and miscellaneous bakers wares increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: El Salvador (+X% per year) and Colombia (+X% per year).

Export Prices by Country

In 2018, the export price for bread and miscellaneous bakers wares in Latin America and the Caribbean amounted to $X per tonne, shrinking by -X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the export price increased by X% year-to-year. Over the period under review, the export prices for bread and miscellaneous bakers wares reached their maximum at $X per tonne in 2017, and then declined slightly in the following year.

Export prices varied noticeably by the country of origin; the country with the highest export price was Colombia ($X per tonne), while El Salvador ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Argentina, while the other leaders experienced more modest paces of growth.

Imports of Bread And Miscellaneous Bakers’ Wares

Imports in Latin America and the Caribbean

The imports totaled X tonnes in 2018, waning by -X% against the previous year. The total imports indicated a measured expansion from 2007 to 2018: 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 2018 figures, the imports of bread and miscellaneous bakers wares decreased by -X% against 2015 indices. The growth pace was the most rapid in 2011, when imports increased by X% against the previous year. The volume of imports peaked at X tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, imports of bread and miscellaneous bakers wares stood at $X in 2018. The total imports indicated a prominent growth 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, the imports of bread and miscellaneous bakers wares decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2011, when imports increased by X% against the previous year. The level of imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Mexico (X tonnes), distantly followed by Guatemala (X tonnes), Honduras (X tonnes), Chile (X tonnes), El Salvador (X tonnes), Brazil (X tonnes) and Colombia (X tonnes) represented the key importers of bread and miscellaneous bakers wares, together making up X% of total imports. The following importers - the Dominican Republic (X tonnes), Uruguay (X tonnes), Nicaragua (X tonnes), Panama (X tonnes) and Peru (X tonnes) together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to bread and miscellaneous bakers wares imports into Mexico stood at +X%. At the same time, Brazil (+X%), Peru (+X%), Colombia (+X%), the Dominican Republic (+X%), Chile (+X%), El Salvador (+X%), Uruguay (+X%) and Guatemala (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2018. By contrast, Panama (-X%), Honduras (-X%) and Nicaragua (-X%) illustrated a downward trend over the same period. While the share of Honduras (X%) and Nicaragua (X%) increased significantly in terms of the global imports from 2007-2018, the share of Guatemala (-X%), the Dominican Republic (-X%), Peru (-X%), El Salvador (-X%), Colombia (-X%), Chile (-X%), Brazil (-X%) and Mexico (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported bread and miscellaneous bakers wares in Latin America and the Caribbean, comprising X% of total imports of bread and miscellaneous bakers wares. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports. It was followed by Guatemala, with a X% share.

In Mexico, imports of bread and miscellaneous bakers wares increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Guatemala (+X% per year).

Import Prices by Country

The import price for bread and miscellaneous bakers wares in Latin America and the Caribbean stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the import price increased by X% against the previous year. Over the period under review, the import prices for bread and miscellaneous bakers wares attained their peak figure at $X per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Panama ($X per tonne), while Honduras ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Panama, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform