United Kingdom: Bread And Bakery Market Overview 2021

Bread And Bakery Market Size in the UK

The UK bread and bakery market shrank slightly to $X in 2020, stabilizing at the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Bread And Bakery Production in the UK

In value terms, bread and bakery production declined to $X in 2020 estimated in export prices. In general, production recorded a slight descent. The pace of growth was the most pronounced in 2008 when the production volume increased by X% y-o-y. Bread and bakery production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Bread And Bakery Exports

Exports from the UK

In 2020, approx. X tonnes of bread and bakery were exported from the UK; declining by -X% compared with the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2019, and then dropped in the following year.

In value terms, bread and bakery exports contracted to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Ireland (X tonnes) was the main destination for bread and bakery exports from the UK, accounting for a X% share of total exports. Moreover, bread and bakery exports to Ireland exceeded the volume sent to the second major destination, France (X tonnes), fourfold. Australia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Australia (+X% per year).

In value terms, Ireland ($X) remains the key foreign market for bread and bakery exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average bread and bakery export price stood at $X per tonne in 2020, therefore, remained relatively stable against the previous year. In general, the export price, however, continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced mixed trend patterns.

Bread And Bakery Imports

Imports into the UK

In 2020, after eight years of growth, there was decline in purchases abroad of bread and bakery, when their volume decreased by -X% to X tonnes. Over the period under review, total imports indicated a notable expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2019, and then contracted slightly in the following year.

In value terms, bread and bakery imports contracted to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2019, and then fell in the following year.

Imports by Country

Ireland (X tonnes), France (X tonnes) and Germany (X tonnes) were the main suppliers of bread and bakery imports to the UK, together comprising X% of total imports. Belgium, the Netherlands, Poland, Italy and Spain lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bread and bakery suppliers to the UK were France ($X), Ireland ($X) and Germany ($X), together comprising X% of total imports. These countries were followed by Belgium, the Netherlands, Italy, Poland and Spain, which together accounted for a further X the main suppliers, Poland recorded 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

In 2020, the average bread and bakery import price amounted to $X per tonne, approximately mirroring the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for Ireland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bread and bakery in the world?

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China (53M tonnes) constituted the country with the largest volume of bread and bakery consumption, comprising approx. 20% of total volume. Moreover, bread and bakery consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (13M tonnes), fourfold. Pakistan (11M tonnes) ranked third in terms of total consumption with a 4.2% share.

What are the largest producers of bread and bakery in the world?

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China (53M tonnes) constituted the country with the largest volume of bread and bakery production, comprising approx. 20% of total volume. Moreover, bread and bakery production in China exceeded the figures recorded by the second-largest producer, the U.S. (12M tonnes), fourfold. Pakistan (11M tonnes) ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of bread and bakery to the UK?

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In value terms, the largest bread and bakery suppliers to the UK were France ($456M), Ireland ($419M) and Germany ($417M), with a combined 45% share of total imports. Belgium, the Netherlands, Italy, Poland and Spain lagged somewhat behind, together accounting for a further 40%.

What are the leading importers of bread and bakery from the UK?

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In value terms, Ireland ($452M) remains the key foreign market for bread and bakery exports from the UK, comprising 39% of total exports. The second position in the ranking was occupied by France ($81M), with a 7% share of total exports. It was followed by the U.S., with a 6.1% share.

What is the average export price for bread and bakery in the UK?

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In 2020, the average bread and bakery export price amounted to $3,061 per tonne, remaining stable against the previous year.

What is the average import price for bread and bakery in the UK?

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The average bread and bakery import price stood at $2,852 per tonne in 2020, therefore, remained relatively stable against the previous year.