IndexBox has just published a new report: ‘EU – Bakers’ Wares (No Added Sweetening) – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the market for fresh bread and miscellaneous bakery in the European Union amounted to $68.7B in 2018, standing approx. at 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). Over the period under review, consumption of fresh bread and miscellaneous bakery, however, continues to indicate a relatively flat trend pattern.

Consumption By Country in the EU

The countries with the highest volumes of consumption of fresh bread and miscellaneous bakery in 2018 were the UK (4.8M tonnes), Germany (4.6M tonnes) and Spain (3M tonnes), with a combined 44% share of total consumption. These countries were followed by France, Italy, Poland, the Netherlands, Romania, Ireland, the Czech Republic, Portugal and Austria, which together accounted for a further 44%.

From 2007 to 2018, the most notable rate of growth in terms of consumption of fresh bread and miscellaneous bakery, amongst the main consuming countries, was attained by Ireland, while consumption of fresh bread and miscellaneous bakery for the other leaders experienced more modest paces of growth.

In value terms, Germany ($15.7B), the UK ($11.9B) and Italy ($9.8B) constituted the countries with the highest levels of market value in 2018, together accounting for 54% of the total market. France, Spain, the Netherlands, Poland, Austria, Portugal, Romania, Ireland and the Czech Republic lagged somewhat behind, together accounting for a further 36%.

The countries with the highest levels of fresh bread and miscellaneous bakery per capita consumption in 2018 were Ireland (154 kg per person), the Netherlands (81 kg per person) and the UK (72 kg per person).

Market Forecast 2019-2025 in the EU

Driven by increasing demand for fresh bread and miscellaneous bakery in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.5% for the period from 2018 to 2030, which is projected to bring the market volume to 30M tonnes by the end of 2030.

Production in the EU

The volume of production of fresh bread and miscellaneous bakery amounted to 28M tonnes in 2018, going down by -1.9% against the previous year. Over the period under review, production of fresh bread and miscellaneous bakery, however, continues to indicate a relatively flat trend pattern. Over the period under review, production of fresh bread and miscellaneous bakery attained its peak figure volume at 29M tonnes in 2017, and then declined slightly in the following year.

Production By Country in the EU

The countries with the highest volumes of production of fresh bread and miscellaneous bakery in 2018 were Germany (5.1M tonnes), the UK (4.3M tonnes) and Spain (3.1M tonnes), together comprising 44% of total production. France, Italy, Poland, the Netherlands, Romania, Ireland, the Czech Republic, Portugal and Belgium lagged somewhat behind, together accounting for a further 44%.

From 2007 to 2018, the most notable rate of growth in terms of production of fresh bread and miscellaneous bakery, amongst the main producing countries, was attained by Ireland, while production of fresh bread and miscellaneous bakery for the other leaders experienced more modest paces of growth.

Exports in the EU

In 2018, the amount of fresh bread and miscellaneous bakery exported in the European Union totaled 4.7M tonnes, surging by 5% against the previous year. The total exports indicated a buoyant increase from 2007 to 2018: its volume increased at an average annual rate of +5.3% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, exports of fresh bread and miscellaneous bakery reached their peak figure in 2018 and are expected to retain its growth in the near future. In value terms, exports of fresh bread and miscellaneous bakery amounted to $13.5B (IndexBox estimates) in 2018.

Exports by Country

In 2018, Germany (1.1M tonnes), distantly followed by France (596K tonnes), Belgium (479K tonnes), Italy (379K tonnes), Poland (356K tonnes), the Netherlands (333K tonnes), Spain (314K tonnes) and the UK (228K tonnes) represented the main exporters of fresh bread and miscellaneous bakery, together comprising 80% of total exports.

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

In value terms, Germany ($2.8B), France ($1.9B) and Belgium ($1.6B) were the countries with the highest levels of exports in 2018, together accounting for 47% of total exports. Italy, the Netherlands, Poland, Spain and the UK lagged somewhat behind, together comprising a further 36%.

Export Prices by Country

In 2018, the export price for fresh bread and miscellaneous bakery in the European Union amounted to $2,881 per tonne, jumping by 7.1% against the previous year. In general, the export price for fresh bread and miscellaneous bakery, however, continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($4,130 per tonne), while Poland ($2,294 per tonne) was amongst the lowest.

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

Imports in the EU

In 2018, the imports of fresh bread and miscellaneous bakery in the European Union totaled 4.2M tonnes, increasing by 5.4% against the previous year. The total imports indicated a strong increase from 2007 to 2018: its volume increased at an average annual rate of +4.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, imports of fresh bread and miscellaneous bakery increased by +67.7% against 2007 indices. In value terms, imports of fresh bread and miscellaneous bakery stood at $11.4B (IndexBox estimates) in 2018.

Imports by Country

The UK (706K tonnes), Germany (574K tonnes), France (449K tonnes), the Netherlands (334K tonnes), Belgium (304K tonnes), Italy (225K tonnes), Austria (175K tonnes), Spain (173K tonnes), Ireland (159K tonnes), Sweden (124K tonnes), the Czech Republic (111K tonnes) and Denmark (111K tonnes) represented roughly 82% of total imports of fresh bread and miscellaneous bakery in 2018.

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

In value terms, the largest fresh bread and miscellaneous bakery importing markets in the European Union were the UK ($1.9B), Germany ($1.6B) and France ($1.4B), together comprising 43% of total imports. The Netherlands, Belgium, Italy, Spain, Austria, Ireland, Sweden, Denmark and the Czech Republic lagged somewhat behind, together accounting for a further 40%.

Import Prices by Country

The import price for fresh bread and miscellaneous bakery in the European Union stood at $2,701 per tonne in 2018, growing by 5.5% against the previous year. Over the period under review, the import price for fresh bread and miscellaneous bakery, however, continues to indicate a relatively flat trend pattern.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in France ($3,132 per tonne) and Spain ($3,107 per tonne), while the Czech Republic ($2,191 per tonne) and Ireland ($2,258 per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform