China - Fresh Bread and Miscellaneous Bakery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 6, 2024

China - Fresh Bread and Miscellaneous Bakery - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fresh Bread and Miscellaneous Bakery in China - 2023

Contents:

  1. Price for Fresh Bread and Miscellaneous Bakery in China (CIF) - 2023
  2. Price for Fresh Bread and Miscellaneous Bakery in China (FOB) - 2023
  3. Imports of Fresh Bread and Miscellaneous Bakery in China
  4. Exports of Fresh Bread and Miscellaneous Bakery in China

Price for Fresh Bread and Miscellaneous Bakery in China (CIF) - 2023

The average import price for fresh bread and miscellaneous bakery stood at $5,362 per ton in June 2023, picking up by 8.8% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when the average import price increased by 331% against the previous month. Over the period under review, average import prices reached the peak figure at $23,362 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($9,528 per ton), while the price for Myanmar ($899 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh Bread and Miscellaneous Bakery in China (FOB) - 2023

The average export price for fresh bread and miscellaneous bakery stood at $3,899 per ton in June 2023, growing by 5.6% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 14% against the previous month. The export price peaked in June 2023.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Canada ($7,211 per ton), while the average price for exports to Myanmar ($2,500 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Bread and Miscellaneous Bakery in China

In 2022, imports of fresh bread and miscellaneous bakery into China fell to 48K tons, reducing by -5% on the year before. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, imports attained the peak of 50K tons, and then fell in the following year.

In value terms, fresh bread and miscellaneous bakery imports shrank to $485M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $492M, and then contracted modestly in the following year.

Import of Fresh Bread and Miscellaneous Bakery in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand16.717.023.528.419.4%
Japan18.924.532.526.211.5%
Vietnam12.19.39.017.513.1%
Malaysia24.019.518.216.6-11.6%
South Korea7.014.024.116.633.4%
Indonesia10.68.212.413.07.0%
France3.46.416.58.234.1%
United States16.516.510.87.2-24.2%
Russia1.41.33.65.658.7%
Netherlands0.41.89.04.9130.5%
Germany6.96.86.74.3-14.6%
Italy3.63.24.83.2-3.9%
Turkey2.01.51.92.811.9%
Others2582553193318.7%
Total3823854924858.3%

Top Suppliers of Fresh Bread and Miscellaneous Bakery to China in 2022:

  1. Vietnam (8.6K tons)
  2. Thailand (4.9K tons)
  3. Malaysia (4.6K tons)
  4. Russia (3.0K tons)
  5. Indonesia (2.7K tons)
  6. Japan (2.7K tons)
  7. South Korea (2.6K tons)
  8. France (1.5K tons)
  9. Turkey (1.1K tons)
  10. Germany (1.0K tons)
  11. Netherlands (0.9K tons)
  12. United States (0.8K tons)
  13. Italy (0.6K tons)

Exports of Fresh Bread and Miscellaneous Bakery in China

In 2022, approx. 139K tons of fresh bread and miscellaneous bakery were exported from China; picking up by 12% on 2021. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, fresh bread and miscellaneous bakery exports skyrocketed to $485M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Fresh Bread and Miscellaneous Bakery in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan70.760.165.069.4-0.6%
Vietnam9.521.330.339.560.8%
Thailand8.214.137.539.368.6%
South Korea18.615.520.931.619.3%
Malaysia16.119.726.127.820.0%
United States16.815.524.326.716.7%
United Kingdom11.110.313.117.015.3%
Australia12.211.111.115.78.8%
Canada5.86.78.711.927.1%
Philippines9.310.49.69.71.4%
Papua New Guinea4.24.85.49.430.8%
Indonesia1.51.11.88.880.4%
Singapore6.85.47.78.57.7%
Others1551281561703.1%
Total34632441748511.9%

Top Export Markets for Fresh Bread and Miscellaneous Bakery from China in 2022:

  1. Japan (24.3K tons)
  2. Vietnam (14.2K tons)
  3. South Korea (11.7K tons)
  4. Malaysia (8.0K tons)
  5. Thailand (5.4K tons)
  6. United States (5.2K tons)
  7. United Kingdom (4.8K tons)
  8. Australia (3.9K tons)
  9. Papua New Guinea (3.6K tons)
  10. Philippines (3.2K tons)
  11. Indonesia (2.8K tons)
  12. Singapore (2.5K tons)
  13. Canada (1.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fresh bread and miscellaneous bakery in China. 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 10711100 - Fresh bread containing by weight in the dry matter state . 5 % of sugars and . 5 % of fat (excluding with added honey, e ggs, cheese or fruit)
  • Prodcom 10711200 - Cake and pastry products, other bakers
  • Prodcom 10721910 - Matzos
  • Prodcom 10721920 - Communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
  • Prodcom 10721940 - Biscuits (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa, sweet biscuits, waffles and wafers)
  • Prodcom 10721950 - Savoury or salted extruded or expanded products
  • Prodcom 10721990 - Bakersu2019 wares, no added sweetening (including crepes, pancakes, quiche, pizza; excluding sandwiches, crispbread, waffles, wafers, rusks, toasted, savoury or salted extruded/expanded products)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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