IndexBox has just published a new report: ‘Germany – Crispbread – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the crispbread market in Germany amounted to $88M in 2018, surging by 6.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.5% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period.

Market Forecast 2019-2025 in Germany

Driven by increasing demand for crispbread in Germany, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.2% for the period from 2018 to 2025, which is projected to bring the market volume to 30K tonnes by the end of 2025.

Production in Germany

In 2018, the crispbread production in Germany totaled 49K tonnes, remaining constant against the previous year. The total output volume increased at an average annual rate of +2.4% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, crispbread production reached its peak figure volume in 2018 and is likely to continue its growth in the immediate term.

Exports from Germany

Crispbread exports from Germany stood at 30K tonnes in 2018, remaining stable against the previous year. The total export volume increased at an average annual rate of +1.9% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. In value terms, crispbread exports amounted to $100M (IndexBox estimates) in 2018.

Exports by Country

The Netherlands (4.9K tonnes), Sweden (4K tonnes) and Italy (3.6K tonnes) were the main destinations of crispbread exports from Germany, together comprising 41% of total exports. The UK, France, Poland, the U.S., Austria, Denmark, Spain, Switzerland and the Czech Republic lagged somewhat behind, together comprising a further 49%.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by France, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for crispbread exported from Germany were France ($15M), the Netherlands ($14M) and Sweden ($12M), with a combined 41% share of total exports.

Export Prices by Country

The average crispbread export price stood at $3,308 per tonne in 2018, growing by 7.9% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.7%.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Switzerland ($6,863 per tonne), while the average price for exports to the Czech Republic ($2,589 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 Switzerland, while the prices for the other major destinations experienced more modest paces of growth.

Imports into Germany

In 2018, the crispbread imports into Germany totaled 8K tonnes, growing by 5.5% against the previous year. In general, crispbread imports, however, continue to indicate a mild contraction. In value terms, crispbread imports amounted to $22M (IndexBox estimates) in 2018.

Imports by Country

In 2018, Sweden (4.3K tonnes) constituted the largest crispbread supplier to Germany, with a 54% share of total imports. Moreover, crispbread imports from Sweden exceeded the figures recorded by the second-largest supplier, Finland (1.6K tonnes), threefold. The third position in this ranking was occupied by Italy (924 tonnes), with a 12% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Sweden amounted to -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-0.8% per year) and Italy (-2.1% per year).

In value terms, Sweden ($8.7M), Finland ($5.9M) and Italy ($2.5M) constituted the largest crispbread suppliers to Germany, together accounting for 77% of total imports. Switzerland, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 16%.

Import Prices by Country

In 2018, the average crispbread import price amounted to $2,772 per tonne, rising by 6.3% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.4%.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Switzerland ($6,047 per tonne), while the price for Sweden ($2,021 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform