Czech Republic: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in the Czech Republic

The Czech sweet biscuit market reached $X in 2021, growing by 3.9% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sweet Biscuit Production in the Czech Republic

In value terms, sweet biscuit production rose slightly to $X in 2021 estimated in export price. Overall, production, however, saw a precipitous descent. The most prominent rate of growth was recorded in 2017 with an increase of 77% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Sweet Biscuit Exports

Exports from the Czech Republic

Sweet biscuit exports from the Czech Republic was estimated at X tons in 2021, picking up by 6% compared with 2020. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 71% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, sweet biscuit exports rose rapidly to $X in 2021. Overall, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.4% 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 +97.0% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of 54% against the previous year. Over the period under review, the exports hit record highs 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 exports from the Czech Republic, with a combined 38% share of total exports. These countries were followed by Germany, Slovakia, Romania, Spain, Poland, Italy, Croatia, Sweden, Chile and Hungary, which together accounted for 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 Chile (with a CAGR of +239.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit exported from the Czech Republic were the UK ($X), Belgium ($X) and Slovakia ($X), with a combined 37% share of total exports. France, Germany, Romania, Spain, Poland, Croatia, Italy, Chile, Sweden and Hungary lagged somewhat behind, together comprising a further 47%.

In terms of the main countries of destination, Chile, with a CAGR of +153.5%, 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 sweet biscuit export price stood at $X per ton in 2021, increasing by 6.4% against the previous year. Overall, the export price, however, saw a perceptible slump. The growth pace was the most rapid in 2018 an increase of 7% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, 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 (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Sweet Biscuit Imports

Imports into the Czech Republic

In 2021, supplies from abroad of sweet biscuits decreased by -3.3% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2017 when imports increased by 57% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, sweet biscuit imports expanded to $X in 2021. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 7.9% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of sweet biscuit imports to the Czech Republic, together accounting for 68% of total imports. Spain, Slovakia, Italy, the Netherlands, Bulgaria and Turkey lagged somewhat behind, together comprising a further 23%.

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 +7.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Belgium ($X) constituted the largest sweet biscuit suppliers to the Czech Republic, with a combined 62% share of total imports. Slovakia, Spain, Italy, the Netherlands, Bulgaria and Turkey lagged somewhat behind, together comprising a further 26%.

Spain, with a CAGR of +5.8%, recorded the highest rates of growth with regard to 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

In 2021, the average sweet biscuit import price amounted to $X per ton, with an increase of 5.1% against the previous year. Overall, the import price, however, saw a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($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 (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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