Belgium: Market for Gingerbread, Sweet Biscuits and Waffles 2025

Market Size for Gingerbread, Sweet Biscuits and Waffles in Belgium

In 2022, the Belgian market for gingerbread, sweet biscuits and waffles increased by 4.7% to $X for the first time since 2018, thus ending a three-year declining trend. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in Belgium

In value terms, gingerbread, sweet biscuit and waffle production dropped notably to $X in 2022 estimated in export price. In general, production, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 9% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports from Belgium

In 2022, overseas shipments of gingerbread, sweet biscuits and waffles decreased by -7.4% to X tons for the first time since 2015, thus ending a six-year rising trend. The total export volume increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 13%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, gingerbread, sweet biscuit and waffle exports shrank to $X in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 26% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons), the Netherlands (X tons) and the UK (X tons) were the main destinations of gingerbread, sweet biscuit and waffle exports from Belgium, together comprising 64% of total exports. Germany, the United States, Spain, Australia, China and Luxembourg lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +25.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gingerbread, sweet biscuit and waffle exported from Belgium were France ($X), the Netherlands ($X) and the UK ($X), together accounting for 61% of total exports. The United States, Germany, Spain, Luxembourg, Australia and China lagged somewhat behind, together accounting for a further 21%.

In terms of the main countries of destination, Australia, with a CAGR of +17.8%, 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

The average export price for gingerbread, sweet biscuits and waffles stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 11% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to France ($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 the Netherlands (+1.7%), while the prices for the other major destinations experienced a decline.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports into Belgium

In 2022, supplies from abroad of gingerbread, sweet biscuits and waffles decreased by -20.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of X tons, and then fell rapidly in the following year.

In value terms, gingerbread, sweet biscuit and waffle imports dropped significantly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

The Netherlands (X tons), France (X tons) and the Czech Republic (X tons) were the main suppliers of gingerbread, sweet biscuit and waffle imports to Belgium, together accounting for 65% of total imports. Germany, Poland, Spain, Turkey and the UK lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +21.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and the Czech Republic ($X) constituted the largest gingerbread, sweet biscuit and waffle suppliers to Belgium, with a combined 63% share of total imports. Germany, Poland, Turkey, Spain and the UK lagged somewhat behind, together comprising a further 27%.

Turkey, with a CAGR of +28.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for gingerbread, sweet biscuits and waffles stood at $X per ton in 2022, surging by 5.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 8.1%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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