United Arab Emirates: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in the United Arab Emirates

In 2023, the market for gingerbread, sweet biscuits and waffles in the United Arab Emirates decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2022, and then reduced in the following year.

Production of Gingerbread, Sweet Biscuits and Waffles in the United Arab Emirates

In value terms, gingerbread, sweet biscuit and waffle production expanded notably to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. Gingerbread, sweet biscuit and waffle production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports from the United Arab Emirates

In 2023, approx. X tons of gingerbread, sweet biscuits and waffles were exported from the United Arab Emirates; surging by X% against the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a lower figure.

In value terms, gingerbread, sweet biscuit and waffle exports expanded notably to $X in 2023. In general, total exports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Egypt (X tons) was the main destination for gingerbread, sweet biscuit and waffle exports from the United Arab Emirates, with a X% share of total exports. Moreover, gingerbread, sweet biscuit and waffle exports to Egypt exceeded the volume sent to the second major destination, Canada (X tons), threefold. The third position in this ranking was taken by South Africa (X tons), with an X% share.

From 2012 to 2023, the average annual growth rate of volume to Egypt amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and South Africa (X% per year).

In value terms, Egypt ($X) emerged as the key foreign market for gingerbread, sweet biscuits and waffles exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and South Africa (X% per year).

Export Prices by Country

The average export price for gingerbread, sweet biscuits and waffles stood at $X per ton in 2023, dropping by X% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2022, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Namibia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports into the United Arab Emirates

In 2023, purchases abroad of gingerbread, sweet biscuits and waffles decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2022, and then dropped in the following year.

In value terms, gingerbread, sweet biscuit and waffle imports fell to $X in 2023. In general, total imports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then declined in the following year.

Imports by Country

Italy (X tons), Turkey (X tons) and the UK (X tons) were the main suppliers of gingerbread, sweet biscuit and waffle imports to the United Arab Emirates, together accounting for X% of total imports. The Netherlands, the Philippines, Malaysia, Poland, Egypt and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the UK ($X) and the Netherlands ($X) constituted the largest gingerbread, sweet biscuit and waffle suppliers to the United Arab Emirates, together accounting for X% of total imports. Turkey, Poland, the Philippines, Egypt, Belgium and Malaysia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average import price for gingerbread, sweet biscuits and waffles stood at $X per ton in 2023, almost unchanged from the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform