Australia and Oceania: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in Australia and Oceania

The market for gingerbread, sweet biscuits and waffles in Australia and Oceania rose slightly to $X in 2022, increasing by 4.8% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in Australia and Oceania

In value terms, gingerbread, sweet biscuit and waffle production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 20%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports in Australia and Oceania

In 2022, overseas shipments of gingerbread, sweet biscuits and waffles increased by 11% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 36%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, gingerbread, sweet biscuit and waffle exports reduced to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Australia (X tons) and New Zealand (X tons) represented roughly 79% of total exports in 2022. It was distantly followed by Fiji (X tons), achieving a 21% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Fiji (with a CAGR of +913.3%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest gingerbread, sweet biscuit and waffle supplying countries in Australia and Oceania were New Zealand ($X), Australia ($X) and Fiji ($X), with a combined 100% share of total exports.

In terms of the main exporting countries, Fiji, with a CAGR of +787.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, falling by -17% against the previous year. Overall, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the export price increased by 13%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.9%), while the other leaders experienced a decline in the export price figures.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports in Australia and Oceania

In 2022, imports of gingerbread, sweet biscuits and waffles in Australia and Oceania expanded significantly to X tons, increasing by 6.5% compared with the year before. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 12% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, gingerbread, sweet biscuit and waffle imports expanded sharply to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.1% against 2016 indices. The growth pace was the most rapid in 2017 when imports increased by 14%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

In 2022, Australia (X tons) represented the major importer of gingerbread, sweet biscuits and waffles, achieving 64% of total imports. New Zealand (X tons) ranks second in terms of the total imports with a 16% share, followed by New Caledonia (5%) and French Polynesia (4.6%). Papua New Guinea (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to gingerbread, sweet biscuit and waffle imports into Australia stood at +2.8%. At the same time, French Polynesia (+5.6%) and Papua New Guinea (+1.5%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.6% from 2012-2022. New Zealand experienced a relatively flat trend pattern. By contrast, New Caledonia (-1.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by +4.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported gingerbread, sweet biscuits and waffles in Australia and Oceania, comprising 67% of total imports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total imports. It was followed by French Polynesia, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at +6.3%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+1.4% per year) and French Polynesia (+1.8% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, rising by 5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2018 when the import price increased by 19% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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