Poland: Market for Sweet Biscuits, Waffles and Wafers 2024

Market Size for Sweet Biscuits, Waffles and Wafers in Poland

After two years of growth, the Polish market for sweet biscuits, waffles and wafers decreased by -17.9% to $X in 2021. In general, consumption saw a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Sweet Biscuits, Waffles and Wafers in Poland

In value terms, sweet biscuit, waffle and wafer production dropped slightly to $X in 2021 estimated in export price. Overall, production showed a pronounced curtailment. The growth pace was the most rapid in 2017 when the production volume increased by 21%. Sweet biscuit, waffle and wafer production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Sweet Biscuits, Waffles and Wafers

Exports from Poland

Sweet biscuit, waffle and wafer exports from Poland expanded significantly to X tons in 2021, growing by 8.1% on 2020 figures. In general, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +103.8% against 2012 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 20%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, sweet biscuit, waffle and wafer exports rose significantly to $X in 2021. Overall, exports posted a resilient increase. The growth pace was the most rapid in 2013 with an increase of 33%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), the UK (X tons) and France (X tons) were the main destinations of sweet biscuit, waffle and wafer exports from Poland, together comprising 41% of total exports. Romania, the Czech Republic, Russia, Hungary, Italy, Spain, the Netherlands, Sweden, Belgium and Slovakia lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +29.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit, waffle and wafer exported from Poland were Germany ($X), the UK ($X) and France ($X), together accounting for 42% of total exports. These countries were followed by Romania, the Czech Republic, Italy, Spain, Russia, Hungary, the Netherlands, Belgium, Sweden and Slovakia, which together accounted for a further 30%.

Among the main countries of destination, Sweden, with a CAGR of +29.1%, 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

In 2021, the average export price for sweet biscuits, waffles and wafers amounted to $X per ton, growing by 5.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2013 an increase of 11% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sweet Biscuits, Waffles and Wafers

Imports into Poland

In 2021, approx. X tons of sweet biscuits, waffles and wafers were imported into Poland; surging by 9.1% on 2020 figures. The total import volume increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 23% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, sweet biscuit, waffle and wafer imports soared to $X in 2021. The total import value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 22% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest sweet biscuit, waffle and wafer supplier to Poland, with a 31% share of total imports. Moreover, sweet biscuit, waffle and wafer imports from Germany exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+109.4% per year) and the Czech Republic (+11.8% per year).

In value terms, Germany ($X) constituted the largest supplier of sweet biscuits, waffles and wafers to Poland, comprising 41% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 7.8% share of total imports. It was followed by the Czech Republic, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+13.0% per year) and the Czech Republic (+7.3% per year).

Import Prices by Country

In 2021, the average import price for sweet biscuits, waffles and wafers amounted to $X per ton, surging by 10% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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