United Kingdom: Prepared Baking Powder Market Overview 2020

Prepared Baking Powder Market Size in the UK

The revenue of the prepared baking powder market in the UK amounted to $X in 2018, declining by -X% against the previous year. In general, prepared baking powder consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the market value increased by X% against the previous year. Over the period under review, the prepared baking powder market reached its maximum level at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Prepared Baking Powder Production in the UK

In value terms, prepared baking powder production totaled $X in 2018 estimated in export prices. Overall, prepared baking powder production continues to indicate a slight increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Prepared baking powder production peaked at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Prepared Baking Powder Exports

Exports from the UK

In 2018, approx. X tonnes of prepared baking powders were exported from the UK; surging by X% against the previous year. In general, prepared baking powder exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Exports peaked at X tonnes in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, prepared baking powder exports stood at $X in 2018. In general, prepared baking powder exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, prepared baking powder exports reached their peak figure at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Nigeria (X tonnes), Ireland (X tonnes) and China, Hong Kong SAR (X tonnes) were the main destinations of prepared baking powder exports from the UK, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared baking powder exported from the UK were Nigeria ($X), Ireland ($X) and China, Hong Kong SAR ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Nigeria (+X% per year) recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared baking powder export price stood at $X per tonne in 2018, dropping by -X% against the previous year. In general, the prepared baking powder export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. Over the period under review, the average export prices for prepared baking powders reached their peak figure at $X per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per tonne), while the average price for exports to Ireland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Baking Powder Imports

Imports into the UK

In 2018, the amount of prepared baking powders imported into the UK stood at X tonnes, declining by -X% against the previous year. Over the period under review, prepared baking powder imports continue to indicate a pronounced drop. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, prepared baking powder imports attained their peak figure at X tonnes in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

In value terms, prepared baking powder imports amounted to $X in 2018. Overall, prepared baking powder imports continue to indicate a modest expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Hungary (X tonnes) constituted the largest prepared baking powder supplier to the UK, with a X% share of total imports. Moreover, prepared baking powder imports from Hungary exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), threefold. Spain (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Hungary totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Spain (+X% per year).

In value terms, Hungary ($X) constituted the largest supplier of prepared baking powder to the UK, comprising X% of total prepared baking powder imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Hungary stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2018, the average prepared baking powder import price amounted to $X per tonne, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the average import prices for prepared baking powders 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 prices amongst the major supplying countries. In 2018, the country with the highest price was Spain ($X per tonne), while the price for Romania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform