Overview of the Global Market for Crispbread, Rusks and Toasted Bread

Market Size for Crispbread, Rusks and Toasted Bread

The global market for crispbread, rusks and toasted bread reduced to $X in 2021, waning by -5.8% against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Production of Crispbread, Rusks and Toasted Bread

In value terms, crispbread, rusk and toasted bread production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when the production volume increased by 14%. As a result, production attained the peak level of $X, and then shrank in the following year.

Exports of Crispbread, Rusks and Toasted Bread

Exports

For the tenth consecutive year, the global market recorded growth in overseas shipments of crispbread, rusks and toasted bread, which increased by 7.3% to X tons in 2021. Over the period under review, exports saw a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 145%. Over the period under review, the global exports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, crispbread, rusk and toasted bread exports rose sharply to $X in 2021. Overall, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 143% against the previous year. The global exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

In 2021, Thailand (X tons), Germany (X tons), Italy (X tons), Sweden (X tons), Saudi Arabia (X tons), the Netherlands (X tons), Canada (X tons), the United States (X tons), Spain (X tons), Finland (X tons), the UK (X tons) and Russia (X tons) represented the largest exporter of crispbread, rusks and toasted bread in the world, comprising 66% of total export. Bangladesh (X tons) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +26.5%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest crispbread, rusk and toasted bread supplying countries worldwide were Italy ($X), Germany ($X) and Thailand ($X), together comprising 27% of global exports. Canada, Sweden, the Netherlands, Saudi Arabia, the United States, Spain, Finland, the UK, Russia and Bangladesh lagged somewhat behind, together comprising a further 42%.

Bangladesh, with a CAGR of +23.9%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for crispbread, rusks and toasted bread amounted to $X per ton, surging by 3.6% against the previous year. Overall, the export price, however, saw a slight downturn. The global export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.6%), while the other global leaders experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports

In 2021, purchases abroad of crispbread, rusks and toasted bread increased by 1.7% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2020 with an increase of 109%. Over the period under review, global imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, crispbread, rusk and toasted bread imports reached $X in 2021. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 100%. Over the period under review, global imports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The United States (X tons), France (X tons), Germany (X tons), the United Arab Emirates (X tons), Belgium (X tons), the Netherlands (X tons), Italy (X tons), Spain (X tons), Russia (X tons), Canada (X tons), Norway (X tons) and India (X tons) represented roughly 53% of total imports in 2021. Sweden (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of +35.2%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2021, together comprising 26% of global imports. These countries were followed by the Netherlands, Spain, Belgium, Italy, the United Arab Emirates, Canada, Norway, Sweden, Russia and India, which together accounted for a further 32%.

India, with a CAGR of +35.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for crispbread, rusks and toasted bread stood at $X per ton in 2021, picking up by 4.2% against the previous year. Overall, the import price, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 5.6%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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