MERCOSUR: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in MERCOSUR

The MERCOSUR market for crispbread, rusks and toasted bread reduced to $X in 2023, falling by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Production of Crispbread, Rusks and Toasted Bread in MERCOSUR

In value terms, crispbread, rusk and toasted bread production shrank to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

Exports of Crispbread, Rusks and Toasted Bread

Exports in MERCOSUR

In 2023, overseas shipments of crispbread, rusks and toasted bread increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Total exports indicated a resilient increase from 2012 to 2023: its volume 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to continue growth in years to come.

In value terms, crispbread, rusk and toasted bread exports reduced to $X in 2023. Total exports indicated a strong 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of export peaked at $X in 2022, and then declined modestly in the following year.

Exports by Country

In 2023, Brazil (X tons) was the major exporter of crispbread, rusks and toasted bread, generating X% of total exports. Colombia (X tons) ranks second in terms of the total exports with a X% share, followed by Chile (X%), Argentina (X%) and Peru (X%).

From 2012 to 2023, average annual rates of growth with regard to crispbread, rusk and toasted bread exports from Brazil stood at X%. At the same time, Chile (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Peru (X%) and Argentina (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Colombia (X p.p.) and Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Peru (X p.p.) and Argentina (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X), Colombia ($X) and Argentina ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Peru and Chile lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Chile, with a CAGR of X%, saw the highest growth rate of 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

In 2023, the export price in MERCOSUR amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports in MERCOSUR

In 2023, supplies from abroad of crispbread, rusks and toasted bread decreased by X% to X tons, falling for the second consecutive year after five years of growth. Overall, imports, however, posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, crispbread, rusk and toasted bread imports fell to $X in 2023. In general, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then declined in the following year.

Imports by Country

Ecuador (X tons) and Colombia (X tons) represented roughly X% of total imports in 2023. Chile (X tons) held the next position in the ranking, followed by Argentina (X tons), Uruguay (X tons), Peru (X tons) and Brazil (X tons). All these countries together took approx. X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread, rusk and toasted bread importing markets in MERCOSUR were Ecuador ($X), Chile ($X) and Colombia ($X), with a combined X% share of total imports.

Among the main importing countries, Ecuador, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in MERCOSUR stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2022 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform