Europe: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in Europe

The Europe market for gingerbread, sweet biscuits and waffles was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in Europe

In value terms, gingerbread, sweet biscuit and waffle production rose sharply to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports in Europe

In 2022, the amount of gingerbread, sweet biscuits and waffles exported in Europe amounted to X tons, approximately reflecting the previous year's figure. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 7.4% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, gingerbread, sweet biscuit and waffle exports totaled $X in 2022. The total export value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

In 2022, Germany (X tons), the Netherlands (X tons), Poland (X tons), Belgium (X tons), Italy (X tons), Russia (X tons), Spain (X tons), the Czech Republic (X tons), the UK (X tons), France (X tons) and Austria (X tons) represented the key exporter of gingerbread, sweet biscuits and waffles in Europe, generating 85% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of +9.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest gingerbread, sweet biscuit and waffle supplying countries in Europe were Germany ($X), Poland ($X) and Italy ($X), together comprising 42% of total exports.

Poland, with a CAGR of +11.1%, saw the highest growth rate of the value of exports, in terms of 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

The export price in Europe stood at $X per ton in 2022, leveling off at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 8.4%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Russia ($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 Europe

In 2022, overseas purchases of gingerbread, sweet biscuits and waffles increased by 3.7% to X tons, rising for the seventh consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 8.6%. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, gingerbread, sweet biscuit and waffle imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The purchases of the three major importers of gingerbread, sweet biscuits and waffles, namely Germany, France and the UK, represented more than third of total import. The Netherlands (X tons) held the next position in the ranking, followed by Belgium (X tons) and Italy (X tons). All these countries together took approx. 17% share of total imports. Spain (X tons), Romania (X tons), Poland (X tons), Portugal (X tons), the Czech Republic (X tons), Ireland (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of +9.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gingerbread, sweet biscuit and waffle importing markets in Europe were the UK ($X), Germany ($X) and France ($X), with a combined 39% share of total imports. The Netherlands, Belgium, Italy, Spain, Poland, Romania, Austria, Ireland, the Czech Republic and Portugal lagged somewhat behind, together accounting for a further 40%.

Romania, with a CAGR of +12.3%, recorded the highest growth rate of the value of imports, among 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

The import price in Europe stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 7.1%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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