Report Update Nov 1, 2024

Puerto Rico - Gingerbread, Sweet Biscuits and Waffles - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in Puerto Rico

In 2021, the Puerto Rican market for gingerbread, sweet biscuits and waffles increased by 23% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. Puerto Rico consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in Puerto Rico

In value terms, gingerbread, sweet biscuit and waffle production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 40%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports by Country

The shipments of the twelve major exporters of gingerbread, sweet biscuits and waffles, namely Mexico, Turkey, Germany, the Netherlands, Indonesia, Belgium, Poland, Italy, Canada, India, Russia and Spain, represented more than two-thirds of total export. The UK (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +15.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2021, together comprising 25% of total exports. Italy, Mexico, Canada, Belgium, Turkey, Indonesia, the UK, Spain, Russia and India lagged somewhat behind, together accounting for a further 45%.

Among the main exporting countries, Indonesia, with a CAGR of +13.2%, 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.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports by Country

In 2021, the United States (X tons), distantly followed by Germany (X tons) and France (X tons) represented the major importers of gingerbread, sweet biscuits and waffles, together generating 27% of total imports. The UK (X tons), Belgium (X tons), the Netherlands (X tons), Iraq (X tons), China (X tons), Canada (X tons), Italy (X tons), Yemen (X tons), Saudi Arabia (X tons) and Romania (X tons) held a minor share of total imports.

Imports into the United States increased at an average annual rate of +7.7% from 2012 to 2021. At the same time, China (+14.0%), Yemen (+10.2%), Romania (+10.2%), Germany (+4.6%), the UK (+4.1%), Saudi Arabia (+3.6%), Italy (+3.6%), Iraq (+3.4%), Canada (+2.7%) and Belgium (+2.4%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +14.0% from 2012-2021. France and the Netherlands experienced a relatively flat trend pattern. While the share of the United States (+4 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of France (-2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported gingerbread, sweet biscuits and waffles into Puerto Rico, comprising 16% of global imports. The second position in the ranking was taken by Germany ($X), with a 6.4% share of global imports. It was followed by France, with a 5.7% share.

In the United States, gingerbread, sweet biscuit and waffle imports increased at an average annual rate of +6.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+4.4% per year) and France (-0.5% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gingerbread, sweet biscuits and waffles in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 35% of global consumption. These countries were followed by Russia, Japan, Brazil, Indonesia, Pakistan, Bangladesh, Mexico and Nigeria, which together accounted for a further 21%.

What are the largest producers of gingerbread, sweet biscuits and waffles in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 34% share of global production. These countries were followed by Russia, Indonesia, Brazil, Japan, Mexico, Pakistan, Bangladesh, Nigeria, Turkey and Germany, which together accounted for a further 26%.

What are the leading suppliers of gingerbread, sweet biscuits and waffles to Puerto Rico?

In value terms, the United States constitutes the largest market for imported gingerbread, sweet biscuits and waffles into Puerto Rico, comprising 17% of global imports. The second position in the ranking was occupied by Germany, with a 6.5% share of global imports. It was followed by France, with a 5.8% share.

What are the leading importers of gingerbread, sweet biscuits and waffles from Puerto Rico?

In value terms, Germany, Poland and the Netherlands appeared to be the countries with the highest levels of exports in 2021, together comprising 25% of total exports. These countries were followed by Italy, Mexico, Canada, Belgium, Turkey, Indonesia, the UK, Spain, Russia and India, which together accounted for a further 45%.

What is the average export price for gingerbread, sweet biscuits and waffles in Puerto Rico?

The and waffles in Puerto Rico stood at less than $0.1 per ton in 2021, remaining stable against the previous year.

What is the average import price for gingerbread, sweet biscuits and waffles in Puerto Rico?

The and waffles in Puerto Rico stood at less than $0.1 per ton in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the market for gingerbread, sweet biscuit and waffle in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10721230 - Gingerbread and the like
Prodcom 10721253 - Sweet biscuits, waffles and wafers completely or partially coated or covered with chocolate or other preparations containing cocoa
Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
Prodcom 10721257 - Waffles and wafers with a water content > .10 % by weight of the finished product (excluding ice cream cornets, s andwiched waffles, other similar products)
Prodcom 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023