Australia and Oceania: Market for Rusks, Toasted Bread and Similar Toasted Products 2024

Market Size for Rusks, Toasted Bread and Similar Toasted Products in Australia and Oceania

In 2022, the rusks and toasted bread market in Australia and Oceania decreased by X% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption recorded a mild slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Rusks, Toasted Bread and Similar Toasted Products in Australia and Oceania

In value terms, rusks and toasted bread production shrank modestly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports in Australia and Oceania

In 2022, shipments abroad of rusks, toasted bread and similar toasted products was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, rusks and toasted bread exports skyrocketed to $X in 2022. In general, exports enjoyed a moderate increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, New Zealand (X tons) represented the major exporter of rusks, toasted bread and similar toasted products, achieving X% of total exports. It was distantly followed by Australia (X tons), making up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%).

In value terms, New Zealand ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2022.

New Zealand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the export price, however, continues to indicate a mild setback. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports in Australia and Oceania

Rusks and toasted bread imports reached X tons in 2022, almost unchanged from the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, rusks and toasted bread imports contracted slightly to $X in 2022. Over the period under review, imports saw prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Australia represented the main importing country with an import of about X tons, which accounted for X% of total imports. New Zealand (X tons) ranks second in terms of the total imports with a X% share, followed by New Caledonia (X%). French Polynesia (X tons) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern with regard to volume of imports of rusks, toasted bread and similar toasted products. At the same time, New Caledonia (X%), New Zealand (X%) and French Polynesia (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. New Zealand (X p.p.) and New Caledonia (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported rusks, toasted bread and similar toasted products in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by New Caledonia, with an X% share.

In Australia, rusks and toasted bread imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, falling by X% against the previous year. Import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rusks and toasted bread import price increased by X% against 2018 indices. The growth pace was the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then declined in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in French Polynesia ($X per ton) and New Zealand ($X per ton), while New Caledonia ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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