South Africa: Market for Gingerbread, Sweet Biscuits and Waffles 2025

Market Size for Gingerbread, Sweet Biscuits and Waffles in South Africa

The South African market for gingerbread, sweet biscuits and waffles expanded slightly to $X in 2022, surging by 1.7% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Gingerbread, sweet biscuit and waffle consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Gingerbread, Sweet Biscuits and Waffles in South Africa

In value terms, gingerbread, sweet biscuit and waffle production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 13% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports from South Africa

In 2022, the amount of gingerbread, sweet biscuits and waffles exported from South Africa expanded sharply to X tons, with an increase of 5.3% against 2021. Overall, exports, however, showed a perceptible contraction. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, gingerbread, sweet biscuit and waffle exports expanded notably to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Botswana (X tons), Namibia (X tons) and Mozambique (X tons) were the main destinations of gingerbread, sweet biscuit and waffle exports from South Africa, with a combined 58% share of total exports. Swaziland, Lesotho, Zambia, Malawi, Zimbabwe and Angola lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Swaziland (with a CAGR of -0.3%), while the other leaders experienced a decline.

In value terms, the largest markets for gingerbread, sweet biscuit and waffle exported from South Africa were Botswana ($X), Namibia ($X) and Mozambique ($X), with a combined 53% share of total exports.

In terms of the main countries of destination, Botswana, with a CAGR of +4.3%, 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

In 2022, the average export price for gingerbread, sweet biscuits and waffles amounted to $X per ton, growing by 7.1% against the previous year. Over the last decade, it increased at an average annual rate of +4.7%. The pace of growth was the most pronounced in 2013 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Lesotho ($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 Zimbabwe (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports into South Africa

In 2022, approx. X tons of gingerbread, sweet biscuits and waffles were imported into South Africa; growing by 14% against the previous year. Overall, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, gingerbread, sweet biscuit and waffle imports soared to $X in 2022. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2017 when imports increased by 40%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

India (X tons), Lesotho (X tons) and Bahrain (X tons) were the main suppliers of gingerbread, sweet biscuit and waffle imports to South Africa, together comprising 53% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of +778.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest gingerbread, sweet biscuit and waffle suppliers to South Africa were India ($X), Bahrain ($X) and Zimbabwe ($X), together accounting for 42% of total imports.

Bahrain, with a CAGR of +523.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for gingerbread, sweet biscuits and waffles amounted to $X per ton, picking up by 14% against the previous year. In general, the import price, however, recorded a mild descent. The pace of growth was the most pronounced in 2014 an increase of 14%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 the UK ($X per ton), while the price for Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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