Argentina: Market for Gingerbread, Sweet Biscuits and Waffles 2025

Market Size for Gingerbread, Sweet Biscuits and Waffles in Argentina

The Argentinian market for gingerbread, sweet biscuits and waffles declined slightly to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in Argentina

In value terms, gingerbread, sweet biscuit and waffle production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in 2015 with an increase of 8.9%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports from Argentina

Gingerbread, sweet biscuit and waffle exports from Argentina expanded rapidly to X tons in 2022, picking up by 11% against the previous year's figure. Over the period under review, exports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2019 with an increase of 12%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, gingerbread, sweet biscuit and waffle exports soared to $X in 2022. In general, exports, however, recorded a pronounced descent. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X tons), Paraguay (X tons) and Chile (X tons) were the main destinations of gingerbread, sweet biscuit and waffle exports from Argentina, together accounting for 83% of total exports. Bolivia, Brazil, Ecuador and the United States lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of +9.9%), while the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X), Paraguay ($X) and Chile ($X) constituted the largest markets for gingerbread, sweet biscuit and waffle exported from Argentina worldwide, together comprising 81% of total exports. Brazil, Bolivia, Ecuador and the United States lagged somewhat behind, together comprising a further 17%.

In terms of the main countries of destination, Ecuador, with a CAGR of +15.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for gingerbread, sweet biscuits and waffles amounted to $X per ton, surging by 14% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports into Argentina

In 2022, purchases abroad of gingerbread, sweet biscuits and waffles increased by 17% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of 77% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; afterwards, it flattened through to 2022.

In value terms, gingerbread, sweet biscuit and waffle imports soared to $X in 2022. In general, imports posted buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 67%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest gingerbread, sweet biscuit and waffle supplier to Argentina, with a 83% share of total imports. Moreover, gingerbread, sweet biscuit and waffle imports from Brazil exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. The third position in this ranking was held by Mexico (X tons), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+7.4% per year) and Mexico (-19.6% per year).

In value terms, Brazil ($X) constituted the largest supplier of gingerbread, sweet biscuits and waffles to Argentina, comprising 75% of total imports. The second position in the ranking was held by Poland ($X), with an 8.6% share of total imports. It was followed by Indonesia, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value from Brazil totaled +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+5.3% per year) and Indonesia (+51.5% per year).

Import Prices by Country

The average import price for gingerbread, sweet biscuits and waffles stood at $X per ton in 2022, picking up by 8.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2013 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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