MENA: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in MENA

The MENA's market for crispbread, rusks and toasted bread expanded modestly to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption posted a prominent increase. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.

Production of Crispbread, Rusks and Toasted Bread in MENA

In value terms, crispbread, rusk and toasted bread production rose markedly to $X in 2023 estimated in export price. In general, production saw a prominent increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

Exports of Crispbread, Rusks and Toasted Bread

Exports in MENA

In 2023, shipments abroad of crispbread, rusks and toasted bread was finally on the rise to reach X tons for the first time since 2019, thus ending a three-year declining trend. Over the period under review, exports saw a strong increase. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, crispbread, rusk and toasted bread exports skyrocketed to $X in 2023. Overall, exports enjoyed a prominent expansion. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Saudi Arabia (X tons) was the key exporter of crispbread, rusks and toasted bread, generating X% of total exports. Turkey (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Israel (X%). The following exporters - Egypt (X tons) and the United Arab Emirates (X tons) - each recorded a X% share of total exports.

Exports from Saudi Arabia increased at an average annual rate of X% from 2012 to 2023. At the same time, Turkey (X%), Israel (X%), the United Arab Emirates (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. While the share of Saudi Arabia (X p.p.), Turkey (X p.p.) and Israel (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the United Arab Emirates (X p.p.) and Egypt (X p.p.) displayed negative dynamics.

In value terms, Saudi Arabia ($X) emerged as the largest crispbread, rusk and toasted bread supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Israel, with a X% share.

In Saudi Arabia, crispbread, rusk and toasted bread exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Israel (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, dropping by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Imports of Crispbread, Rusks and Toasted Bread

Imports in MENA

In 2023, overseas purchases of crispbread, rusks and toasted bread were finally on the rise to reach X tons after three years of decline. In general, imports continue to indicate resilient growth. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, crispbread, rusk and toasted bread imports skyrocketed to $X in 2023. Over the period under review, imports recorded prominent growth. The level of import peaked at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the United Arab Emirates (X tons) was the major importer of crispbread, rusks and toasted bread, comprising X% of total imports. Kuwait (X tons) took the second position in the ranking, followed by Saudi Arabia (X tons), Oman (X tons) and Israel (X tons). All these countries together held near X% share of total imports. The following importers - Jordan (X tons) and Iraq (X tons) - together made up X% of total imports.

The United Arab Emirates was also the fastest-growing in terms of the crispbread, rusks and toasted bread imports, with a CAGR of X% from 2012 to 2023. At the same time, Oman (X%), Iraq (X%), Kuwait (X%) and Israel (X%) displayed positive paces of growth. Jordan experienced a relatively flat trend pattern. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Oman (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Jordan (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Kuwait ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Oman, Israel, Jordan and Iraq lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Oman, with a CAGR of X%, recorded 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

In 2023, the import price in MENA amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 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 Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform