Sri Lanka - Crispbread and Rusks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSri Lanka: Market for Crispbread, Rusks and Toasted Bread 2024
Market Size for Crispbread, Rusks and Toasted Bread in Sri Lanka
The Sri Lankan market for crispbread, rusks and toasted bread totaled $X in 2023, almost unchanged from the previous year. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Crispbread, rusk and toasted bread consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.
Production of Crispbread, Rusks and Toasted Bread in Sri Lanka
In value terms, crispbread, rusk and toasted bread production dropped slightly to $X in 2023 estimated in export price. Overall, the total production indicated a noticeable expansion 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.
Exports of Crispbread, Rusks and Toasted Bread
Exports from Sri Lanka
In 2023, approx. X tons of crispbread, rusks and toasted bread were exported from Sri Lanka; increasing by X% compared with 2022 figures. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
In value terms, crispbread, rusk and toasted bread exports expanded markedly to $X in 2023. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
Exports by Country
Oman (X tons) was the main destination for crispbread, rusk and toasted bread exports from Sri Lanka, accounting for a X% share of total exports. Moreover, crispbread, rusk and toasted bread exports to Oman exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was held by Australia (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Australia (X% per year).
In value terms, Italy ($X), Australia ($X) and Oman ($X) constituted the largest markets for crispbread, rusk and toasted bread exported from Sri Lanka worldwide, together accounting for X% of total exports. Switzerland, Canada, the UK, Kuwait, Israel, Maldives and the United States lagged somewhat behind, together accounting for a further X%.
Among the main countries of destination, the UK, with a CAGR of X%, saw the highest rates of growth with regard to 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 average export price for crispbread, rusks and toasted bread stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, crispbread, rusk and toasted bread export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Crispbread, Rusks and Toasted Bread
Imports into Sri Lanka
Crispbread, rusk and toasted bread imports into Sri Lanka declined to X tons in 2023, remaining stable against the previous year's figure. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.
In value terms, crispbread, rusk and toasted bread imports expanded markedly to $X in 2023. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.
Imports by Country
The United Arab Emirates (X tons), Vietnam (X tons) and Malaysia (X tons) were the main suppliers of crispbread, rusk and toasted bread imports to Sri Lanka, with a combined X% share of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X.8%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the United Arab Emirates ($X), Indonesia ($X) and Oman ($X) constituted the largest crispbread, rusk and toasted bread suppliers to Sri Lanka, together accounting for X% of total imports.
In terms of the main suppliers, the United Arab Emirates, with a CAGR of X.8%, recorded the highest growth rate of 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 2023, the average import price for crispbread, rusks and toasted bread amounted to $X per ton, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2023 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for crispbread, rusk and toasted bread in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10721130 - Crispbread
- Prodcom 10721150 - Rusks, toasted bread and similar toasted products
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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