Crispbread Market Overview in Italy
In value terms, crispbread production shrank remarkably to $ in estimated in export prices. Overall, production recorded a precipitous contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by % y-o-y. Crispbread production peaked at $ in 2007; however, from 2008 to , production failed to regain the momentum.
The value of the crispbread market in Italy shrank notably to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a sharp setback. The growth pace was the most rapid in 2018 with an increase of % y-o-y. Over the period under review, the market reached the peak level at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.