![Report Puerto Rico - Bread and Bakery Product - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/puerto-rico-bread-and-bakery-product-market-analysis-forecast-size-trends-and-insights-1705492510.webp)
Puerto Rico - Bread and Bakery Product - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPuerto Rico: Bread And Bakery Market 2024
Bread And Bakery Market Size in Puerto Rico
The Puerto Rican bread and bakery market declined to $X in 2021, dropping by -9.2% against the previous year. In general, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +11.2% against 2019 indices. Puerto Rico consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.
Bread And Bakery Production in Puerto Rico
In value terms, bread and bakery production contracted to $X in 2021 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +11.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 42% against the previous year. Puerto Rico production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.
Bread And Bakery Exports
Exports from Puerto Rico
Bread and bakery exports from Puerto Rico totaled less than X kg in 2021, remaining relatively unchanged against the previous year. In general, exports recorded a relatively flat trend pattern.
In value terms, bread and bakery exports stood at less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.
Exports by Country
The biggest shipments were from Germany (X tons), Turkey (X tons), Canada (X tons), Belgium (X tons), France (X tons), the Netherlands (X tons), Mexico (X tons), Poland (X tons), Italy (X tons), the United States (X tons) and Spain (X tons), together finishing at 65% of total export. The following exporters - the UK (X tons) and Russia (X tons) - each recorded a 4.6% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of +15.3%), while the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Canada ($X) and Italy ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 26% of total exports. These countries were followed by Belgium, France, the Netherlands, Turkey, Poland, the United States, Mexico, Spain, the UK and Russia, which together accounted for a further 45%.
Among the main exporting countries, Turkey, with a CAGR of +13.9%, recorded 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 2021, the export price in Puerto Rico amounted to less than $X per ton, leveling off at the previous year. In general, the export price recorded a relatively flat trend pattern.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.9%), while the other leaders experienced more modest paces of growth.
Bread And Bakery Imports
Imports into Puerto Rico
In 2021, the amount of bread and bakery imported into Puerto Rico was estimated at less than X kg, flattening at 2020. Over the period under review, imports recorded a relatively flat trend pattern.
In value terms, bread and bakery imports amounted to less than $X in 2021. Overall, imports recorded a relatively flat trend pattern.
Imports by Country
In 2021, the United States (X tons), distantly followed by Germany (X tons), the UK (X tons) and France (X tons) were the key importers of bread and bakery, together achieving 34% of total imports. The Netherlands (X tons), Belgium (X tons), Canada (X tons), Italy (X tons), Iraq (X tons), Spain (X tons), Austria (X tons), Poland (X tons) and Australia (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to bread and bakery imports into the United States stood at +9.3%. At the same time, Iraq (+9.9%), Poland (+7.7%), Germany (+5.6%), the Netherlands (+4.4%), Italy (+4.0%), Belgium (+3.5%), Canada (+3.2%), the UK (+3.2%), France (+3.0%), Austria (+3.0%), Australia (+2.7%) and Spain (+1.4%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the world, with a CAGR of +9.9% from 2012-2021. While the share of the United States (+4.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported bread and bakery into Puerto Rico, comprising 17% of global imports. The second position in the ranking was held by Germany ($X), with a 6.9% share of global imports. It was followed by the UK, with a 6.5% share.
From 2012 to 2021, the average annual growth rate of value in the United States amounted to +9.4%. In the other countries, the average annual rates were as follows: Germany (+5.5% per year) and the UK (+3.0% per year).
Import Prices by Country
The import price in Puerto Rico stood at less than $X per ton in 2021, standing approx. at the previous year. Overall, the import price showed a relatively flat trend pattern.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Iraq ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.8%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the bread and bakery market in Puerto Rico. 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 10721130 - Crispbread
- Prodcom 10721230 - Gingerbread and the like
- Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
- Prodcom 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
- Prodcom 10721150 - Rusks, toasted bread and similar toasted products
- 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 Puerto Rico
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the bread and bakery market in Asia.
This report provides an in-depth analysis of the bread and bakery market in the U.S..
This report provides an in-depth analysis of the bread and bakery market in China.
This report provides an in-depth analysis of the bread and bakery market in the EU.
This report provides an in-depth analysis of the global bread and bakery market.
- Market Research in Puerto Rico
- Bread and Bakery Market
- Sweet Biscuit Market
- Active Yeast Market
- Prepared Baking Powder Market
- Prepared Dish and Meal Market
- Fresh Bread and Miscellaneous Bakery Market
- Waffle and Wafer Market
- Rusks and Toasted Bread Market
- Corn Chips and Similar Crisp Savory Snack Foods Market