EU: Bread And Bakery Market 2024

Bread And Bakery Market Size in the EU

The EU bread and bakery market rose slightly to $X in 2023, growing by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by X%. Over the period under review, the market hit record highs in 2023 and is likely to continue growth in the near future.

Bread And Bakery Production in the EU

In value terms, bread and bakery production shrank slightly to $X in 2023 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2022, and then contracted in the following year.

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Bread And Bakery Exports

Exports in the EU

In 2023, exports of bread and bakery in the European Union expanded to X tons, surging by X% on the previous year's figure. Total exports indicated a tangible increase 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 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, bread and bakery exports surged to $X in 2023. Total exports indicated a remarkable increase 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 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, Germany (X tons), distantly followed by Belgium (X tons), France (X tons), the Netherlands (X tons), Poland (X tons), Italy (X tons) and Spain (X tons) were the key exporters of bread and bakery, together achieving X% of total exports. Austria (X tons), the Czech Republic (X tons), Ireland (X tons), Sweden (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Belgium ($X) were the countries with the highest levels of exports in 2023, together comprising X% of total exports. France, Poland, the Netherlands, Spain, Austria, the Czech Republic, Ireland, Sweden and Portugal lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

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

Bread And Bakery Imports

Imports in the EU

In 2023, bread and bakery imports in the European Union expanded slightly to X tons, with an increase of X% against the previous year. Total imports indicated noticeable growth 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, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in years to come.

In value terms, bread and bakery imports skyrocketed to $X in 2023. Total imports indicated buoyant growth 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, imports increased by X% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of bread and bakery imports in 2023 were Germany (X tons), France (X tons), the Netherlands (X tons) and Belgium (X tons), together finishing at X% of total import. It was distantly followed by Italy (X tons) and Spain (X tons), together creating an X% share of total imports. Austria (X tons), Poland (X tons), Portugal (X tons), the Czech Republic (X tons), Denmark (X tons), Romania (X tons) and Sweden (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Belgium, Italy, Spain, Austria, Poland, the Czech Republic, Romania, Portugal, Sweden and Denmark lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw 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 leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Austria ($X per ton) and Italy ($X per ton), while Denmark ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform