EU: Market for Sweet Biscuits, Waffles and Wafers 2024

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

In 2021, the EU market for sweet biscuits, waffles and wafers decreased by -1.9% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Sweet Biscuits, Waffles and Wafers in the EU

In value terms, sweet biscuit, waffle and wafer production fell to $X in 2021 estimated in export price. Overall, production continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 9.8%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Sweet Biscuits, Waffles and Wafers

Exports in the EU

For the tenth year in a row, the European Union recorded growth in shipments abroad of sweet biscuits, waffles and wafers, which increased by 8.3% to X tons in 2021. The total export volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sweet biscuit, waffle and wafer exports surged to $X in 2021. The total export value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

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

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Czech Republic (with a CAGR of +8.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit, waffle and wafer supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Poland ($X), with a combined 45% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of +10.9%, recorded 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

The export price in the European Union stood at $X per ton in 2021, increasing by 7.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.4%), while the other leaders experienced more modest paces of growth.

Imports of Sweet Biscuits, Waffles and Wafers

Imports in the EU

In 2021, imports of sweet biscuits, waffles and wafers in the European Union rose markedly to X tons, surging by 6.2% against 2020 figures. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 6.5%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, sweet biscuit, waffle and wafer imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons) and France (X tons) represented roughly 33% of total imports in 2021. Belgium (X tons) ranks next in terms of the total imports with a 9% share, followed by the Netherlands (8.8%), Italy (6%), Romania (4.8%) and Spain (4.8%). The following importers - Poland (X tons), Portugal (X tons), Austria (X tons), Ireland (X tons), the Czech Republic (X tons) and Sweden (X tons) - together made up 20% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of +10.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit, waffle and wafer importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 42% share of total imports. These countries were followed by Belgium, Italy, Spain, Austria, Poland, Romania, Ireland, the Czech Republic, Portugal and Sweden, which together accounted for a further 44%.

In terms of the main importing countries, Romania, with a CAGR of +12.6%, 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 2021, the import price in the European Union amounted to $X per ton, picking up by 6.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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