Southern Asia: Bread And Bakery Market 2024

Bread And Bakery Market Size in Southern Asia

The South Asian bread and bakery market was estimated at $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Bread And Bakery Production in Southern Asia

In value terms, bread and bakery production expanded to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Bread And Bakery Exports

Exports in Southern Asia

In 2023, bread and bakery exports in Southern Asia expanded remarkably to X tons, rising by X% compared with 2022. Total exports indicated a resilient 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 2015 indices. The pace of growth was the most pronounced in 2013 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, bread and bakery exports rose significantly to $X in 2023. Total exports indicated a strong 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 2013 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are likely to continue growth in the immediate term.

Exports by Country

India dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2023. It was distantly followed by Bangladesh (X tons) and Pakistan (X tons), together committing a X% share of total exports. Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to bread and bakery exports from India stood at X%. At the same time, Bangladesh (X%), Pakistan (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. While the share of Bangladesh (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of India (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest bread and bakery supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

In India, 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: Bangladesh (X% per year) and Pakistan (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, declining by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2022, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

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

Bread And Bakery Imports

Imports in Southern Asia

After two years of decline, overseas purchases of bread and bakery increased by X% to X tons in 2023. Overall, imports saw buoyant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, bread and bakery imports shrank slightly to $X in 2023. Total imports indicated a buoyant 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 decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Afghanistan (X tons) and India (X tons) prevails in imports structure, together achieving X% of total imports. Maldives (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Nepal (X%) and Bangladesh (X%). Pakistan (X tons) and Bhutan (X tons) held a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bangladesh (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 Southern Asia were India ($X), Afghanistan ($X) and Maldives ($X), with a combined X% share of total imports.

Among the main importing countries, India, with a CAGR of X%, saw 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 Southern Asia stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the import price saw a slight slump. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform