Overview of the Global Market for Rusks, Toasted Bread and Similar Toasted Products

Market Size for Rusks, Toasted Bread and Similar Toasted Products

In 2021, the global rusks and toasted bread market decreased by -4.7% to $X for the first time since 2017, thus ending a three-year rising trend. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2020, and then fell modestly in the following year.

Production of Rusks, Toasted Bread and Similar Toasted Products

In value terms, rusks and toasted bread production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 12% against the previous year. Over the period under review, global production reached the maximum level at $X in 2020, and then declined in the following year.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports

In 2021, the amount of rusks, toasted bread and similar toasted products exported worldwide rose rapidly to X tons, picking up by 6.4% against the previous year. In general, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +80.9% against 2012 indices. The pace of growth was the most pronounced in 2018 when exports increased by 15%. The global exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, rusks and toasted bread exports rose remarkably to $X in 2021. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +60.7% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of 15% against the previous year. Over the period under review, the global exports hit record highs in 2021 and are likely to continue growth in years to come.

Exports by Country

The shipments of the twelve major exporters of rusks, toasted bread and similar toasted products, namely Saudi Arabia, Italy, the Netherlands, Canada, the United States, Spain, Russia, the UK, France, Bangladesh, Portugal and Poland, represented more than half of total export. Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Canada (with a CAGR of +29.7%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest rusks and toasted bread supplying countries worldwide were Canada ($X), Italy ($X) and Saudi Arabia ($X), with a combined 30% share of global exports. The Netherlands, the United States, Spain, France, Bulgaria, Portugal, Russia, Poland, the UK and Bangladesh lagged somewhat behind, together accounting for a further 37%.

Poland, with a CAGR of +28.1%, recorded the highest rates of growth with regard to the value of exports, among 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

The average rusks and toasted bread export price stood at $X per ton in 2021, rising by 6.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The global export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.3%), while the other global leaders experienced more modest paces of growth.

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports

Global rusks and toasted bread imports expanded markedly to X tons in 2021, with an increase of 9.6% against the previous year. The total import volume increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rusks and toasted bread imports expanded sharply to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +41.3% against 2014 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 15% against the previous year. Global imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the United States (X tons), France (X tons), the United Arab Emirates (X tons), Belgium (X tons), Germany (X tons), Spain (X tons), Russia (X tons), the Netherlands (X tons), Canada (X tons), India (X tons), Italy (X tons) and Saudi Arabia (X tons) was the main importer of rusks, toasted bread and similar toasted products in the world, constituting 55% of total import. Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of +35.3%), 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 accounting for 27% of global imports. The United Arab Emirates, Spain, Belgium, Canada, the Netherlands, Italy, Kuwait, Russia, Saudi Arabia and India lagged somewhat behind, together accounting for a further 34%.

India, with a CAGR of +36.4%, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

The average rusks and toasted bread import price stood at $X per ton in 2021, surging by 2.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 7.8%. Over the period under review, average import prices hit record highs 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 ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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