bread and bakery imports Archives

The global market for fresh bread and miscellaneous bakery products is experiencing strong growth, with several countries emerging as key import markets. According to data from the IndexBox market intelligence platform, the top 10 importers of fresh bread and miscellaneous bakery products include the United States, United Kingdom, Germany, France, Canada, Netherlands, Belgium, Australia, Italy, and Spain.

1. United States

The United States is the largest importer of fresh bread and miscellaneous bakery products, with an import value of $6.2 billion in 2022. This can be attributed to the busy lifestyle of Americans, leading to a high demand for convenient and ready-to-eat bakery items.

2. United Kingdom

The United Kingdom follows closely behind, with an import value of $2.6 billion in 2022. The popularity of bakery products, such as bread, pastries, and cakes, remains high in the UK, creating a lucrative market for foreign bakery manufacturers.

3. Germany

Germany holds the third position in the list, with an import value of $2.1 billion in 2022. The German market is known for its diverse bakery culture, and the demand for innovative and high-quality bakery products continues to drive import growth.

4. France

France is another major player in the import market for fresh bread and miscellaneous bakery products, with an import value of $1.7 billion in 2022. French consumers have a strong affinity for traditional bakery items, such as baguettes and croissants, which drives the demand for imported bakery products.

5. Canada

Canada, with an import value of $1.6 billion in 2022, is also a significant importer of fresh bread and bakery products. The multicultural population in Canada fosters a diverse culinary landscape, leading to a growing demand for international bakery specialties.

6. Netherlands

The Netherlands has an import value of $1.2 billion in 2022, positioning it as an important market for fresh bread and bakery products. The Dutch have a rich bread culture and are known for their consumption of various bread types, making the Netherlands an attractive market for bakery imports.

7. Belgium

Belgium’s import value for fresh bread and bakery products remains strong at $1.0 billion in 2022. Belgian consumers value traditional bakery techniques and flavors, making imports a significant component of their bakery market.

8. Australia

Australia, with an import value of $718.8 million in 2022, is steadily growing as an import market for bakery products. The changing dietary preferences and increasing influence of global cuisines have fueled the demand for fresh bread and bakery items in the country.

9. Italy

Italy, known for its world-famous bread and pastry traditions, has an import value of $686.4 million in 2022. While Italy is renowned for its own bakery products, the import market provides consumers with wider choices and access to international bakery delicacies.

10. Spain

The import market for fresh bread and bakery products in Spain is valued at $667.0 million in 2022. Spanish consumers have a fondness for bread and pastries, and the import market satisfies their demand for specialty bakery products.

In conclusion, the world’s best import markets for fresh bread and miscellaneous bakery products are led by the United States, followed by the United Kingdom, Germany, France, Canada, Netherlands, Belgium, Australia, Italy, and Spain. These countries offer lucrative opportunities for bakery manufacturers looking to expand their presence globally. The data provided by the IndexBox market intelligence platform highlights the import values for these key markets and emphasizes the potential for growth in the bakery industry.

Source: IndexBox Market Intelligence Platform

IndexBox has just published a new report: ‘U.S. – Bread and Bakery Product – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

In Q1-Q3 2021, imports on the U.S. bread and bakery market reached 1.6M tonnes worth $5.6B, which was 13% more in physical terms and 21% higher in value terms than in the same period of the previous year. American imports are expected to surpass a $7.7B annual total, reaching the highest level ever. Mexico, Canada, Italy and India are the most significant bakery suppliers to the U.S. Fresh bread and bakery, followed by sweet biscuits and waffles, constitute the primary imported products.

U.S. Bread and Bakery Imports

In Q1-Q3 2021, the U.S. imported 1.6M tonnes of bread and bakery, a 13%-increase compared to the same period of 2020. In monetary terms, the purchases rose by 21% to $5.6B over that period and are expected to surpass a $7.7B annual total, reaching the highest level ever.

In 2020, bread and bakery imports totaled 1.9M tonnes, increasing by 6.2% against 2019. In value terms, bread and bakery imports rose to $6.4B.

Mexico (734K tonnes), Canada (719K tonnes) and India (52K tonnes) were the leading suppliers of bread and bakery imports to the U.S., together accounting for 78% of total imports. Italy, Germany and France lagged somewhat behind, comprising a further 6.2% (IndexBox estimates).

In value terms, Canada ($3B) constituted the largest supplier of bread and bakery to the U.S., comprising 47% of total imports. The second position in the ranking was occupied by Mexico ($1.4B), with a 21% share of total imports. It was followed by Italy, with a 4.2% share.

U.S. Bread and Bakery Imports by Type

In 2020, fresh bread and miscellaneous bakery (1.2M tonnes) constituted 62% of total imports. Moreover, shipments of fresh bread and miscellaneous bakery exceeded the figures recorded for the second-largest type, sweet biscuits (561K tonnes), twofold. The third position in this ranking was occupied by waffles and wafers (123K tonnes), with a 6.3% share.

Over the past decade, the average annual growth rate of the import volume (in physical terms) of fresh bread and miscellaneous bakery amounted to +8.9%. Regarding the other supplied products, the following average annual growth rates were recorded: sweet biscuits (+8.0% per year) and waffles and wafers (+2.1% per year).

In value terms, fresh bread and miscellaneous bakery ($4.2B) constituted the largest type of bread and bakery supplied to the U.S., comprising 65% of total imports. The second position in the ranking was occupied by sweet biscuits ($1.4B), with a 21% share of total imports. It was followed by waffles and wafers, with a 9.3% share.

Source: IndexBox Platform

Top Import Markets for Fresh Bread and Bakery Products

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