Japan: Market for Gingerbread, Sweet Biscuits and Waffles 2025

Market Size for Gingerbread, Sweet Biscuits and Waffles in Japan

The Japanese market for gingerbread, sweet biscuits and waffles reduced slightly to $X in 2022, remaining stable against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in Japan

In value terms, gingerbread, sweet biscuit and waffle production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 12%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports from Japan

In 2022, after four years of growth, there was significant decline in shipments abroad of gingerbread, sweet biscuits and waffles, when their volume decreased by -10.6% to X tons. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 41% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, gingerbread, sweet biscuit and waffle exports declined to $X in 2022. Overall, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.3% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Hong Kong SAR (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main destinations of gingerbread, sweet biscuit and waffle exports from Japan, with a combined 68% share of total exports. The United States, Vietnam, South Korea and Singapore lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +56.0%), while the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Hong Kong SAR ($X) and China ($X) were the largest markets for gingerbread, sweet biscuit and waffle exported from Japan worldwide, together comprising 68% of total exports. The United States, Vietnam, Singapore and South Korea lagged somewhat behind, together accounting for a further 20%.

In terms of the main countries of destination, Vietnam, with a CAGR of +52.7%, 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 average export price for gingerbread, sweet biscuits and waffles stood at $X per ton in 2022, growing by 1.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 7.4% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.2%), while the prices for the other major destinations experienced a decline.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports into Japan

In 2022, supplies from abroad of gingerbread, sweet biscuits and waffles decreased by -3.6% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. Over the period under review, imports hit record highs at X tons in 2021, and then declined modestly in the following year.

In value terms, gingerbread, sweet biscuit and waffle imports declined to $X in 2022. In general, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.6% against 2015 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of gingerbread, sweet biscuit and waffle to Japan, accounting for a 62% share of total imports. Moreover, gingerbread, sweet biscuit and waffle imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold. The third position in this ranking was held by Malaysia (X tons), with an 8% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at +20.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.3% per year) and Malaysia (-0.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of gingerbread, sweet biscuits and waffles to Japan, comprising 54% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by Malaysia, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from Belgium amounted to +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.5% per year) and Malaysia (-1.4% per year).

Import Prices by Country

In 2022, the average import price for gingerbread, sweet biscuits and waffles amounted to $X per ton, surging by 2.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 7.2%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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