South-Eastern Asia: Market for Rusks, Toasted Bread and Similar Toasted Products 2024

Market Size for Rusks, Toasted Bread and Similar Toasted Products in South-Eastern Asia

The Southeast Asian rusks and toasted bread market was estimated at $X in 2022, with an increase of X% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Rusks, Toasted Bread and Similar Toasted Products in South-Eastern Asia

In value terms, rusks and toasted bread production rose rapidly to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports in South-Eastern Asia

In 2022, overseas shipments of rusks, toasted bread and similar toasted products decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, rusks and toasted bread exports shrank modestly to $X in 2022. Over the period under review, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam (X tons) and Thailand (X tons) represented the main exporters of rusks, toasted bread and similar toasted products in 2022, recording approx. X% and X% of total exports, respectively. Malaysia (X tons) held the next position in the ranking, distantly followed by Indonesia (X tons). All these countries together took approx. X% share of total exports. The Philippines (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest rusks and toasted bread supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price saw a noticeable slump. The pace of growth was the most pronounced in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports in South-Eastern Asia

In 2022, approx. X tons of rusks, toasted bread and similar toasted products were imported in South-Eastern Asia; growing by X% on the previous year's figure. In general, imports posted a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, rusks and toasted bread imports rose significantly to $X in 2022. Over the period under review, imports enjoyed a strong expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The Philippines (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2022. Indonesia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%). Singapore (X tons), Myanmar (X tons) and Brunei Darussalam (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Brunei Darussalam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rusks and toasted bread importing markets in South-Eastern Asia were Malaysia ($X), the Philippines ($X) and Indonesia ($X), together accounting for X% of total imports. Vietnam, Singapore, Brunei Darussalam and Myanmar lagged somewhat behind, together accounting for a further X%.

Brunei Darussalam, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, waning by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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