Key Market Indicators
Bruneian bread exports experienced a significant decline in 2023, dropping to approximately $125,000. This marks a steep 31.9% decrease from the previous year's figure of around $183,000. The downward trend in Bruneian bread exports has been evident since 1997, with an average yearly decline of 20.7%. In contrast, Bruneian bread imports are on an upward trajectory. Projections indicate that by 2028, bread imports will reach nearly $34 million, up from about $30 million in 2023. This represents an average annual growth rate of 1.7% in bread imports. Since 1997, the demand for imported bread in Brunei has increased by an average of 1.8% each year.