Northern America: Market for Fresh Bread and Miscellaneous Bakery 2024

Market Size for Fresh Bread and Miscellaneous Bakery in Northern America

The North American market for fresh bread and miscellaneous bakery was estimated at $X in 2023, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Fresh Bread and Miscellaneous Bakery in Northern America

In value terms, fresh bread and miscellaneous bakery production reached $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 consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Fresh Bread and Miscellaneous Bakery

Exports in Northern America

For the third consecutive year, Northern America recorded growth in overseas shipments of fresh bread and miscellaneous bakery, which increased by X% to X tons in 2023. Total exports indicated a resilient 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, exports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. 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 amounted to $X in 2023. Over the period under review, exports showed a prominent increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in the immediate term.

Exports by Country

The biggest shipments were from Canada (X tons) and the United States (X tons), together recording X% of total export.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Canada (with a CAGR of X%).

In value terms, Canada ($X) and the United States ($X) were the countries with the highest levels of exports in 2023.

Canada, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2023, the export price in Northern America amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2023 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Imports of Fresh Bread and Miscellaneous Bakery

Imports in Northern America

For the twelfth year in a row, Northern America recorded growth in supplies from abroad of fresh bread and miscellaneous bakery, which increased by X% to X tons in 2023. In general, imports posted a resilient expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, fresh bread and miscellaneous bakery imports rose notably to $X in 2023. Overall, imports showed a resilient increase. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

The United States was the major importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by Canada (X tons), generating a X% share of total imports.

The United States was also the fastest-growing in terms of the fresh bread and miscellaneous bakery imports, with a CAGR of X% from 2012 to 2023. At the same time, Canada (X%) displayed positive paces of growth. From 2012 to 2023, the share of the United States increased by X percentage points.

In value terms, the United States ($X) constitutes the largest market for imported fresh bread and miscellaneous bakery in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in the United States stood at X%.

Import Prices by Country

In 2023, the import price in Northern America amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2022 an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform