EU: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in the EU

The EU sweet biscuit market contracted to $X in 2021, which is down by -11.9% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Sweet Biscuit Production in the EU

In value terms, sweet biscuit production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 12% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Sweet Biscuit Exports

Exports in the EU

For the tenth year in a row, the European Union recorded growth in overseas shipments of sweet biscuits, which increased by 5.8% to X tons in 2021. The total export volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by 5.9% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, sweet biscuit exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations 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

In 2021, the Netherlands (X tons), Germany (X tons), Belgium (X tons), Spain (X tons), Poland (X tons), the Czech Republic (X tons), Italy (X tons) and France (X tons) represented the major exporter of sweet biscuits in the European Union, constituting 87% of total export.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +9.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit supplying countries in the European Union were the Netherlands ($X), Germany ($X) and Belgium ($X), together comprising 49% of total exports. France, Italy, Poland, Spain and the Czech Republic lagged somewhat behind, together accounting for a further 37%.

Among the main exporting countries, Italy, with a CAGR of +7.7%, 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 2021, growing by 7.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.0%), while the other leaders experienced more modest paces of growth.

Sweet Biscuit Imports

Imports in the EU

For the third consecutive year, the European Union recorded growth in supplies from abroad of sweet biscuits, which increased by 3.7% to X tons in 2021. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 8.5% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, sweet biscuit imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 11% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

The purchases of the four major importers of sweet biscuits, namely France, Germany, Belgium and the Netherlands, represented more than half of total import. Italy (X tons) held the next position in the ranking, followed by Portugal (X tons) and Spain (X tons). All these countries together held near 15% share of total imports. The following importers - Romania (X tons), Poland (X tons), Ireland (X tons), Austria (X tons), Sweden (X tons) and Croatia (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 main importing countries, was attained by Romania (with a CAGR of +7.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 43% share of total imports. These countries were followed by Belgium, Italy, Spain, Austria, Ireland, Portugal, Poland, Romania, Sweden and Croatia, which together accounted for a further 43%.

Romania, with a CAGR of +8.8%, recorded 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 2021, the import price in the European Union amounted to $X per ton, increasing by 6.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 7.6%. The level of import peaked 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 Austria ($X per ton), while Romania ($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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