EU: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in the EU

The EU market for gingerbread, sweet biscuits and waffles skyrocketed to $X in 2022, jumping by 16% against the previous year. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Gingerbread, Sweet Biscuits and Waffles in the EU

In value terms, gingerbread, sweet biscuit and waffle production surged to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports in the EU

For the eleventh consecutive year, the European Union recorded growth in shipments abroad of gingerbread, sweet biscuits and waffles, which increased by 2.7% to X tons in 2022. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 8% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, gingerbread, sweet biscuit and waffle exports reached $X in 2022. The total export value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Germany (X tons), the Netherlands (X tons), Poland (X tons), Belgium (X tons), Italy (X tons), Spain (X tons), the Czech Republic (X tons), France (X tons) and Austria (X tons), together amounting to 89% of total export.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +8.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Italy ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 47% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of +11.1%, saw 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 export price in the European Union stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 7.5%. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Italy ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the other leaders experienced more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports in the EU

For the fourth year in a row, the European Union recorded growth in supplies from abroad of gingerbread, sweet biscuits and waffles, which increased by 1.2% to X tons in 2022. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 7.5%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, gingerbread, sweet biscuit and waffle imports stood at $X in 2022. The total import value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons) and France (X tons) represented the key importers of gingerbread, sweet biscuits and waffles in the European Union, together recording approx. 32% of total imports. The Netherlands (X tons) took an 8.5% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (7%), Italy (6%), Spain (5.2%), Romania (5%) and Poland (4.7%). The following importers - Portugal (X tons), the Czech Republic (X tons), Ireland (X tons), Austria (X tons) and Slovakia (X tons) - together made up 16% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +9.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest gingerbread, sweet biscuit and waffle importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 41% share of total imports. Belgium, Italy, Spain, Poland, Romania, Austria, Ireland, the Czech Republic, Portugal and Slovakia lagged somewhat behind, together comprising a further 44%.

Among the main importing countries, Romania, with a CAGR of +12.3%, recorded the highest rates of growth with regard to 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 2022, the import price in the European Union amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 6.4%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Austria ($X per ton) and Italy ($X per ton), while Portugal ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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