Market for Crispbread, Rusk and Toasted Bread in Iran
Market Overview
The Iranian market for crispbread, rusks and toasted bread stood at $
in , stabilizing at 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). Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $. From 2018 to , the growth of the market failed to regain momentum.
In value terms, crispbread, rusk and toasted bread production totaled $ in estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by %. As a result, production reached the peak level of $. From 2018 to , production growth remained at a somewhat lower figure.
in , stabilizing at 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). Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $. From 2018 to , the growth of the market failed to regain momentum.In value terms, crispbread, rusk and toasted bread production totaled $
in estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by %. As a result, production reached the peak level of $. From 2018 to , production growth remained at a somewhat lower figure.Consumption
In , consumption of crispbread, rusks and toasted bread in Iran amounted to tons, therefore, remained relatively stable against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Crispbread, rusk and toasted bread consumption peaked at tons in 2009; however, from 2010 to , consumption failed to regain momentum.
The revenue of the market for crispbread, rusks and toasted bread in Iran was estimated at $ in , flattening at 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). Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a lower figure.
, consumption of crispbread, rusks and toasted bread in Iran amounted to tons, therefore, remained relatively stable against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Crispbread, rusk and toasted bread consumption peaked at tons in 2009; however, from 2010 to , consumption failed to regain momentum.The revenue of the market for crispbread, rusks and toasted bread in Iran was estimated at $
in , flattening at 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). Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a lower figure.Market Forecast
The market for crispbread, rusk and toasted bread is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of crispbread, rusk and toasted bread in Iran were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for crispbread, rusk and toasted bread.
Trade Balance
Iran remains a net exporter of crispbread, rusk and toasted bread; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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