Some bakeries in Belgium are closing their shutters due to the energy crisis

Published 2022년 10월 5일

Tridge summary

The article highlights the significant financial strain experienced by bakeries in Belgium due to the ongoing energy crisis in Europe. The rising costs of gas and electricity, which have increased up to eight times, have forced many bakeries to shut down. Adem Ezel, a baker in Brussels, shared that his energy bills have doubled, reaching 15,000 euros per month, leading to the closure of the Dumont furnace and forcing bakers to make tough decisions such as reducing the weight of their products and increasing prices. The high costs of energy and raw materials, like flour, coupled with decreased purchasing power, paint a grim picture for the baking industry in Belgium, with more closures expected if trends continue.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bakeries in the food sector are among the energy-intensive sectors. For the production of various bread and bakery products, bakeries have to continue their activities for long hours without stopping. This means high gas and electricity consumption at very high prices for bakers. At the same time, furnaces need to run their coolers for 24 hours and keep their lighting systems on for most of the day. For this reason, energy prices are among the most important expense items in the operation of furnaces. Rising prices due to the energy crisis The energy crisis in Europe has a significant impact on Belgium as well. Bakers across Belgium are also complaining that their rapidly rising energy bills are becoming unbearable. Due to the 8-fold increase in natural gas prices, it is noteworthy that many furnaces in Belgium have been closed recently. Belgian bakeries closing The Dumont furnace, located in Wallonia and operating for 19 years, was also closed due to rising energy costs. Sharing ...
Source: Trthaber

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.