Belgium: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Belgium

In 2021, the Belgian sweet biscuit market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -19.3% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Sweet Biscuit Production in Belgium

In value terms, sweet biscuit production expanded to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 14%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Sweet Biscuit Exports

Exports from Belgium

In 2021, overseas shipments of sweet biscuits increased by 4.7% to X tons, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 with an increase of 19% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sweet biscuit exports rose remarkably to $X in 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 28% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons), the Netherlands (X tons) and the UK (X tons) were the main destinations of sweet biscuit exports from Belgium, together comprising 69% of total exports. These countries were followed by Germany, the United States, Spain, China, the Czech Republic and Luxembourg, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +13.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit exported from Belgium were France ($X), the Netherlands ($X) and the UK ($X), together comprising 65% of total exports. These countries were followed by Germany, the United States, Luxembourg, Spain, China and the Czech Republic, which together accounted for a further 16%.

The Czech Republic, with a CAGR of +9.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sweet biscuit export price stood at $X per ton in 2021, picking up by 9.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Luxembourg ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Sweet Biscuit Imports

Imports into Belgium

Sweet biscuit imports into Belgium soared to X tons in 2021, jumping by 19% on 2020 figures. Overall, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 28% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, sweet biscuit imports surged to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 22%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), France (X tons) and the Czech Republic (X tons) were the main suppliers of sweet biscuit imports to Belgium, together comprising 71% of total imports. These countries were followed by Germany, Spain, the UK, Turkey and Poland, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +21.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) appeared to be the largest sweet biscuit suppliers to Belgium, with a combined 72% share of total imports. The Czech Republic, Spain, the UK, Turkey and Poland lagged somewhat behind, together accounting for a further 20%.

Turkey, with a CAGR of +26.0%, 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 sweet biscuit import price stood at $X per ton in 2021, which is down by -1.9% against the previous year. Overall, the import price recorded a slight slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 6.9%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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