United Kingdom: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in the UK

In 2021, the UK sweet biscuit market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption saw a pronounced decline. Sweet biscuit consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Sweet Biscuit Production in the UK

In value terms, sweet biscuit production expanded to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Sweet Biscuit Exports

Exports from the UK

After two years of growth, overseas shipments of sweet biscuits decreased by -14.7% to X tons in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 12%. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced in the following year.

In value terms, sweet biscuit exports contracted to $X in 2021. In general, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 12% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for sweet biscuit exports from the UK, accounting for a 24% share of total exports. Moreover, sweet biscuit exports to Ireland exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was taken by Australia (X tons), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland amounted to -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.7% per year) and Australia (+7.6% per year).

In value terms, Ireland ($X) remains the key foreign market for sweet biscuits exports from the UK, comprising 23% of total exports. The second position in the ranking was taken by the United States ($X), with a 9.3% share of total exports. It was followed by France, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Ireland amounted to -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.7% per year) and France (-2.0% per year).

Export Prices by Country

In 2021, the average sweet biscuit export price amounted to $X per ton, growing by 8.9% against the previous year. In general, the export price, however, showed a perceptible descent. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($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 France (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Biscuit Imports

Imports into the UK

In 2021, purchases abroad of sweet biscuits decreased by -14.9% to X tons, falling for the third consecutive year after seven years of growth. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 19%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, sweet biscuit imports contracted modestly to $X in 2021. The total import value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 19%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of sweet biscuit imports to the UK, together accounting for 60% of total imports. These countries were followed by the Czech Republic, Poland, Spain, Lithuania, Italy and France, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +54.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) were the largest sweet biscuit suppliers to the UK, together comprising 62% of total imports. These countries were followed by Poland, the Czech Republic, Spain, Italy, France and Lithuania, which together accounted for a further 27%.

Lithuania, with a CAGR of +49.5%, recorded 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, picking up by 17% against the previous year. In general, the import price, however, continues to indicate a mild decrease. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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