Gingerbread, Sweet Biscuits And Waffles Market in the EU - Key Insights

IndexBox has just published a new report, the EU - Gingerbread, Sweet Biscuits And Waffles - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The revenue of the market of gingerbread, sweet biscuits and waffles in the European Union amounted to $14B in 2017, rising by 9.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The consumption of gingerbread, sweet biscuits and waffles continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by 15% against the previous year. In that year, the market for gingerbread, sweet biscuits and waffles reached its peak level of $16.2B. From 2009 to 2017, the growth of the market for gingerbread, sweet biscuits and waffles remained at a somewhat lower figure.

Production in the EU

The production of gingerbread, sweet biscuits and waffles totaled 4.4M tonnes in 2017, picking up by 5.8% against the previous year. The total output volume increased gradually at an average annual rate of +1.1% over the period from 2007 to 2017.

Exports in the EU

In 2017, approx. 2M tonnes of gingerbread, sweet biscuits and waffles were exported in the European Union; going up by 4.7% against the previous year. In value terms, exports of gingerbread, sweet biscuits and waffles amounted to $6.9B (IndexBox estimates) in 2017.

Exports by Country

The countries with the highest levels of exports of gingerbread, sweet biscuits and waffles in 2017 were Germany (304K tonnes), the Netherlands (292K tonnes), Belgium (245K tonnes) and Poland (207K tonnes), together recording 53% of total export. Italy (138K tonnes) occupied the second position in the ranking, followed by the UK (138K tonnes), Spain (127K tonnes), the Czech Republic (109K tonnes) and France (91K tonnes). All these countries together held approx. 30% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Czech Republic (+13.3% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest gingerbread, sweet biscuits and waffles markets worldwide were Germany ($1.2B), the Netherlands ($913M) and Belgium ($824M), together accounting for 42% of total exports. Poland, Italy, the UK, France, Spain and the Czech Republic lagged somewhat behind, together comprising a further 43%.

Export Prices by Country

The export price for gingerbread, sweet biscuits and waffles in the European Union stood at $3.5 per kg in 2017, going up by 2.8% against the previous year. The the export price for gingerbread, sweet biscuits and waffles continues to indicate a relatively flat trend pattern.

Export prices varied noticeably by the country of destination; the country with the highest export price was Italy ($4.7 per kg), while the Czech Republic ($2.3 per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Poland (+1.8% per year), while the other leaders experienced more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits And Waffles
Imports in the EU

In 2017, imports of gingerbread, sweet biscuits and waffles in the European Union totaled 1.7M tonnes, rising by 2.3% against the previous year. The total import volume increased at an average annual rate of +2.2% from 2007 to 2017; the trend pattern remained relatively stable. In value terms, imports of gingerbread, sweet biscuits and waffles amounted to $5.2B (IndexBox estimates) in 2017. 

Imports by Country

In 2017, France (263K tonnes), Germany (229K tonnes), the UK (208K tonnes) and the Netherlands (167K tonnes) were the largest importers of gingerbread, sweet biscuits and waffles in the European Union, committing 50% of total import. Belgium (111K tonnes) occupied a 6.4% share (based on tonnes) of total imports, which put it in second place, followed by Italy (6%). The following importers - Austria (75K tonnes), Spain (65K tonnes), the Czech Republic (62K tonnes), Ireland (60K tonnes), Portugal (57K tonnes) and Poland (54K tonnes) together made up 21% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Portugal (+6.0% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest gingerbread, sweet biscuits and waffles markets worldwide were France ($879M), Germany ($782M) and the UK ($683M), with a combined 45% share of total imports. The Netherlands, Belgium, Italy, Spain, Austria, Ireland, Poland, the Czech Republic and Portugal lagged somewhat behind, together comprising a further 40%.

Import Prices by Country

The import price for gingerbread, sweet biscuits and waffles in the European Union stood at $3 per kg in 2017, rising by 5.3% against the previous year. 

Import prices varied noticeably by the country of destination; the country with the highest import price was Spain ($3.5 per kg), while the Czech Republic ($2.2 per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Spain (+2.5% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform