Eastern Europe: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Eastern Europe

The East European sweet biscuit market shrank to $X in 2021, with a decrease of -7.1% against the previous year. In general, consumption recorded a pronounced decrease. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Sweet Biscuit Production in Eastern Europe

In value terms, sweet biscuit production rose modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a pronounced reduction. The growth pace was the most rapid in 2017 with an increase of 17% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Sweet Biscuit Exports

Exports in Eastern Europe

For the seventh year in a row, Eastern Europe recorded growth in overseas shipments of sweet biscuits, which increased by 3.9% to X tons in 2021. The total export volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 14% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, sweet biscuit exports rose notably to $X in 2021. The total export value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when exports increased by 13%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

The biggest shipments were from Poland (X tons), the Czech Republic (X tons) and Russia (X tons), together recording 75% of total export. It was distantly followed by Ukraine (X tons), comprising a 12% share of total exports. The following exporters - Romania (X tons), Hungary (X tons), Moldova (X tons) and Latvia (X tons) - each recorded an 8% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +13.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), together accounting for 76% of total exports. These countries were followed by Ukraine, Romania, Hungary, Latvia and Moldova, which together accounted for a further 17%.

Romania, with a CAGR of +14.4%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, surging by 8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Poland ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+2.1%), while the other leaders experienced more modest paces of growth.

Sweet Biscuit Imports

Imports in Eastern Europe

In 2021, overseas purchases of sweet biscuits increased by 1.6% to X tons, rising for the sixth year in a row after two years of decline. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 19%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, sweet biscuit imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 19%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of sweet biscuit imports in 2021 were Romania (X tons), Poland (X tons), Russia (X tons), Belarus (X tons), the Czech Republic (X tons), Bulgaria (X tons), Hungary (X tons) and Slovakia (X tons), together resulting at 85% of total import.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +9.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit importing markets in Eastern Europe were Poland ($X), Romania ($X) and Russia ($X), with a combined 46% share of total imports.

Among the main importing countries, Romania, with a CAGR of +8.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, rising by 8.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 11% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Slovakia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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