Sweden: Market for Gingerbread, Sweet Biscuits and Waffles 2025

Market Size for Gingerbread, Sweet Biscuits and Waffles in Sweden

After two years of growth, the Swedish market for gingerbread, sweet biscuits and waffles decreased by -10.4% to $X in 2022. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +62.9% against 2015 indices. Gingerbread, sweet biscuit and waffle consumption peaked at $X in 2021, and then dropped in the following year.

Production of Gingerbread, Sweet Biscuits and Waffles in Sweden

In value terms, gingerbread, sweet biscuit and waffle production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 26%. Gingerbread, sweet biscuit and waffle production peaked in 2022 and is likely to see steady growth in years to come.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports from Sweden

In 2022, approx. X tons of gingerbread, sweet biscuits and waffles were exported from Sweden; approximately mirroring the year before. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +84.0% against 2013 indices. The pace of growth was the most pronounced in 2017 when exports increased by 23%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, gingerbread, sweet biscuit and waffle exports dropped to $X in 2022. In general, total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +77.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 24% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then declined slightly in the following year.

Exports by Country

Norway (X tons), Germany (X tons) and Denmark (X tons) were the main destinations of gingerbread, sweet biscuit and waffle exports from Sweden, together accounting for 61% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +15.7%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Denmark ($X) and Germany ($X) were the largest markets for gingerbread, sweet biscuit and waffle exported from Sweden worldwide, together accounting for 59% of total exports.

In terms of the main countries of destination, Denmark, with a CAGR of +16.4%, 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, falling by -5% against the previous year. Overall, the export price saw a slight decline. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Denmark ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Germany ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports into Sweden

In 2022, gingerbread, sweet biscuit and waffle imports into Sweden was estimated at X tons, picking up by 3.5% against the year before. In general, imports saw a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 26%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, gingerbread, sweet biscuit and waffle imports stood at $X in 2022. Overall, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.6% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by 18%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of gingerbread, sweet biscuit and waffle imports to Sweden, with a combined 49% share of total imports. Poland, the Czech Republic, Italy, Belgium, Spain, Denmark and Turkey lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +54.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) were the largest gingerbread, sweet biscuit and waffle suppliers to Sweden, with a combined 44% share of total imports. The UK, Italy, Denmark, Belgium, the Czech Republic, Spain and Turkey lagged somewhat behind, together accounting for a further 44%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +47.6%, saw the highest growth rate of the value of imports, 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, remaining stable against the previous year. In general, the import price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2021 an increase of 13% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood 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 Denmark ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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