EU: Gingerbread Market 2024

Gingerbread Market Size in the EU

The EU gingerbread market expanded rapidly to $X in 2022, rising by 7.4% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Gingerbread Production in the EU

In value terms, gingerbread production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by 12% against the previous year. Over the period under review, production hit record highs in 2022 and is likely to see steady growth in years to come.

Gingerbread Exports

Exports in the EU

In 2022, gingerbread exports in the European Union rose significantly to X tons, increasing by 6.2% compared with the year before. The total export volume increased at an average annual rate of +2.5% over the period 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 2014 when exports increased by 10% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, gingerbread exports expanded sharply to $X in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 13%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, Germany (X tons), distantly followed by Poland (X tons), Spain (X tons), Belgium (X tons) and the Netherlands (X tons) were the key exporters of gingerbread, together making up 78% of total exports. Italy (X tons), Lithuania (X tons), France (X tons), the Czech Republic (X tons), Latvia (X tons), Denmark (X tons) and Sweden (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Denmark (with a CAGR of +39.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest gingerbread supplier in the European Union, comprising 41% of total exports. The second position in the ranking was held by Poland ($X), with a 20% share of total exports. It was followed by Belgium, with a 7.1% share.

In Germany, gingerbread exports expanded at an average annual rate of +5.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+10.8% per year) and Belgium (-0.3% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the export price increased by 9.5%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+3.4%), while the other leaders experienced more modest paces of growth.

Gingerbread Imports

Imports in the EU

In 2022, imports of gingerbread in the European Union rose modestly to X tons, growing by 2% compared with the year before. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by 12%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, gingerbread imports reached $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2015 indices. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons), Slovakia (X tons), France (X tons) and Italy (X tons) was the main importer of gingerbread in the European Union, creating 50% of total import. It was distantly followed by Belgium (X tons), Romania (X tons) and Austria (X tons), together creating a 17% share of total imports. The following importers - the Czech Republic (X tons), Denmark (X tons), Hungary (X tons), Poland (X tons), the Netherlands (X tons) and Portugal (X tons) - together made up 19% of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +28.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2022, together accounting for 45% of total imports. Italy, Austria, Belgium, Romania, Denmark, Poland, the Czech Republic, the Netherlands, Hungary and Portugal lagged somewhat behind, together comprising a further 40%.

Denmark, with a CAGR of +28.8%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by 3.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 6.7%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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