Ukraine: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Ukraine

The Ukrainian sweet biscuit market rose significantly to $X in 2021, surging by 8.8% against the previous year. In general, consumption, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 8.8%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Sweet Biscuit Production in Ukraine

In value terms, sweet biscuit production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. Sweet biscuit production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Sweet Biscuit Exports

Exports from Ukraine

In 2021, approx. X tons of sweet biscuits were exported from Ukraine; standing approx. at the previous year's figure. In general, exports showed a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by 31% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sweet biscuit exports rose notably to $X in 2021. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 46%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X tons), Moldova (X tons) and Belarus (X tons) were the main destinations of sweet biscuit exports from Ukraine, with a combined 29% share of total exports. These countries were followed by Turkey, Romania, Kazakhstan, Georgia, Azerbaijan, Latvia, Bulgaria, Iraq, Tajikistan and Germany, which together accounted for a further 43%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +219.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit exported from Ukraine were Belarus ($X), Romania ($X) and Poland ($X), with a combined 25% share of total exports. Turkey, Moldova, Kazakhstan, Azerbaijan, Georgia, Bulgaria, Latvia, Tajikistan, Iraq and Germany lagged somewhat behind, together accounting for a further 42%.

Turkey, with a CAGR of +198.4%, recorded the highest growth rate of the value of exports, among 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

In 2021, the average sweet biscuit export price amounted to $X per ton, rising by 13% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Poland ($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 Romania (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Biscuit Imports

Imports into Ukraine

In 2021, overseas purchases of sweet biscuits increased by 11% to X tons, rising for the fifth year in a row after three years of decline. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 66% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, sweet biscuit imports totaled $X in 2021. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 62% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Turkey (X tons) were the main suppliers of sweet biscuit imports to Ukraine, with a combined 61% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +66.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Poland ($X) and Italy ($X) constituted the largest sweet biscuit suppliers to Ukraine, together comprising 61% of total imports. Turkey, Spain, the Czech Republic, Belarus and Germany lagged somewhat behind, together comprising a further 28%.

Turkey, with a CAGR of +59.0%, 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 2021, the average sweet biscuit import price amounted to $X per ton, stabilizing at the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 3.2% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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