Spain: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Spain

The Spanish sweet biscuit market shrank to $X in 2021, reducing by -9.2% against the previous year. Overall, consumption recorded a pronounced slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Sweet Biscuit Production in Spain

In value terms, sweet biscuit production declined to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 15%. Sweet biscuit production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Sweet Biscuit Exports

Exports from Spain

In 2021, sweet biscuit exports from Spain expanded notably to X tons, increasing by 12% on the previous year. Over the period under review, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.8% against 2012 indices. The growth pace was the most rapid in 2014 with an increase of 17%. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, sweet biscuit exports surged to $X in 2021. The total export value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Portugal (X tons) and Morocco (X tons) were the main destinations of sweet biscuit exports from Spain, together accounting for 39% of total exports. These countries were followed by the UK, the United States, Germany, Italy, Belgium, Chile, Mauritania, Poland, the Netherlands and Mexico, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +44.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit exported from Spain were Portugal ($X), France ($X) and Morocco ($X), together comprising 36% of total exports. The UK, the United States, Italy, Germany, Belgium, Chile, the Netherlands, Poland, Mauritania and Mexico lagged somewhat behind, together comprising a further 36%.

Chile, with a CAGR of +38.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sweet biscuit export price stood at $X per ton in 2021, surging by 5.4% against the previous year. Over the period under review, the export price, however, recorded a perceptible decrease. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Mauritania ($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 Mauritania (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Sweet Biscuit Imports

Imports into Spain

After two years of decline, purchases abroad of sweet biscuits increased by 15% to X tons in 2021. The total import volume increased at an average annual rate of +3.1% 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 2016 with an increase of 32%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, sweet biscuit imports stood at $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of sweet biscuit imports to Spain, with a combined 51% share of total imports. These countries were followed by the Czech Republic, Portugal, Belgium, Poland, Italy, Sweden, the UK and Austria, which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +16.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit suppliers to Spain were Germany ($X), France ($X) and the Netherlands ($X), together accounting for 55% of total imports. The Czech Republic, Italy, Belgium, Portugal, Poland, Sweden, the UK and Austria lagged somewhat behind, together accounting for a further 38%.

Poland, with a CAGR of +11.2%, saw the highest rates of growth with regard to 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

The average sweet biscuit import price stood at $X per ton in 2021, which is down by -2.5% against the previous year. In general, the import price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 46% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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