Czech Republic: Market for Sweet Biscuits, Waffles and Wafers 2024

Market Size for Sweet Biscuits, Waffles and Wafers in the Czech Republic

The Czech market for sweet biscuits, waffles and wafers was estimated at $X in 2021, rising by 4.6% against the previous year. Overall, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +47.3% against 2019 indices. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Sweet Biscuits, Waffles and Wafers in the Czech Republic

In value terms, sweet biscuit, waffle and wafer production surged to $X in 2021 estimated in export price. In general, production, however, saw a mild decline. Sweet biscuit, waffle and wafer production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Sweet Biscuits, Waffles and Wafers

Exports from the Czech Republic

In 2021, sweet biscuit, waffle and wafer exports from the Czech Republic rose rapidly to X tons, growing by 6% compared with 2020 figures. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 53%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, sweet biscuit, waffle and wafer exports rose markedly to $X in 2021. Over the period under review, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +80.9% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 36% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The UK (X tons), Belgium (X tons) and France (X tons) were the main destinations of sweet biscuit, waffle and wafer exports from the Czech Republic, with a combined 36% share of total exports. Slovakia, Germany, Romania, Poland, Spain, Italy, Croatia, Sweden, Bulgaria and Hungary lagged somewhat behind, together comprising a further 48%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +56.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit, waffle and wafer exported from the Czech Republic were Slovakia ($X), Belgium ($X) and the UK ($X), together accounting for 39% of total exports. These countries were followed by France, Germany, Romania, Poland, Spain, Italy, Croatia, Bulgaria, Sweden and Hungary, which together accounted for a further 45%.

Among the main countries of destination, Sweden, with a CAGR of +47.8%, saw the highest rates of growth with regard to 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 2021, the average export price for sweet biscuits, waffles and wafers amounted to $X per ton, surging by 7% against the previous year. Over the period under review, the export price, however, showed a perceptible decline. 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 failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Sweden ($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 Slovakia (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sweet Biscuits, Waffles and Wafers

Imports into the Czech Republic

After three years of decline, supplies from abroad of sweet biscuits, waffles and wafers increased by 0.3% to X tons in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 29%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, sweet biscuit, waffle and wafer imports reached $X in 2021. In general, imports showed a modest expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Slovakia (X tons) and Germany (X tons) were the main suppliers of sweet biscuit, waffle and wafer imports to the Czech Republic, together comprising 74% of total imports. Belgium, Austria, Italy, Spain, the Netherlands, Turkey and Romania lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +7.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Slovakia ($X) and Germany ($X) were the largest sweet biscuit, waffle and wafer suppliers to the Czech Republic, with a combined 77% share of total imports. These countries were followed by Belgium, Austria, Italy, Spain, the Netherlands, Turkey and Romania, which together accounted for a further 15%.

Spain, with a CAGR of +5.6%, 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 sweet biscuits, waffles and wafers stood at $X per ton in 2021, increasing by 8.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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