Europe: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Europe

The Europe sweet biscuit market reduced to $X in 2021, dropping by -7% against the previous year. Overall, consumption continues to indicate a slight slump. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Sweet Biscuit Production in Europe

In value terms, sweet biscuit production fell to $X in 2021 estimated in export price. In general, production recorded a slight downturn. The most prominent rate of growth was recorded in 2013 with an increase of 7.5%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Sweet Biscuit Exports

Exports in Europe

In 2021, sweet biscuit exports in Europe expanded to X tons, surging by 4.1% on the previous year. The total export volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 when exports increased by 5.8%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, sweet biscuit exports rose rapidly to $X in 2021. The total export value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. 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 UK (X tons), the Czech Republic (X tons), Russia (X tons), Italy (X tons) and France (X tons) represented the key exporter of sweet biscuits in Europe, comprising 83% 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 Europe were the Netherlands ($X), Germany ($X) and Belgium ($X), with a combined 42% share of total exports. France, Italy, Poland, the UK, Spain, the Czech Republic and Russia lagged somewhat behind, together accounting for a further 41%.

Italy, with a CAGR of +7.7%, recorded the highest rates of growth with regard to the value of exports, among 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 2021, growing by 7.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was France ($X per ton), while Russia ($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 Europe

In 2021, purchases abroad of sweet biscuits increased by 2% to X tons, rising for the sixth consecutive year after two years of decline. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 when imports increased by 9.7% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, sweet biscuit imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 13%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

France (X tons), Germany (X tons), the UK (X tons), Belgium (X tons) and the Netherlands (X tons) represented roughly 51% of total imports in 2021. The following importers - Italy (X tons), Portugal (X tons), Spain (X tons), Romania (X tons), Poland (X tons), Ireland (X tons), Austria (X tons) and Russia (X tons) - together made up 26% 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, Germany ($X), France ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 37% share of total imports. The Netherlands, Belgium, Italy, Spain, Austria, Ireland, Portugal, Poland, Romania and Russia lagged somewhat behind, together comprising a further 42%.

In terms of the main importing countries, Romania, with a CAGR of +8.8%, 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

The import price in Europe stood at $X per ton in 2021, growing by 7.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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