Pakistan - Gingerbread, Sweet Biscuits And Waffles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 7, 2024

Pakistan - Gingerbread, Sweet Biscuits And Waffles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Gingerbread, Sweet Biscuit and Waffle in Pakistan - 2023

Contents:

  1. Price for Gingerbread, Sweet Biscuit and Waffle in Pakistan (FOB) - 2023
  2. Price for Gingerbread, Sweet Biscuit and Waffle in Pakistan (CIF) - 2022
  3. Exports of Gingerbread, Sweet Biscuit and Waffle in Pakistan
  4. Imports of Gingerbread, Sweet Biscuit and Waffle in Pakistan

Price for Gingerbread, Sweet Biscuit and Waffle in Pakistan (FOB) - 2023

In April 2023, the average export price for gingerbread, sweet biscuits and waffles amounted to $1,977 per ton, shrinking by -18.6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 21% against the previous month. Over the period under review, the average export prices reached the peak figure at $2,732 per ton in February 2023; however, from March 2023 to April 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($3,392 per ton), while the average price for exports to Somalia ($1,436 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Gingerbread, Sweet Biscuit and Waffle in Pakistan (CIF) - 2022

The average import price for gingerbread, sweet biscuits and waffles stood at $1,873 per ton in 2022, approximately mirroring the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 44%. The import price peaked at $2,540 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($2,048 per ton) and Indonesia ($1,909 per ton), while the price for Sri Lanka ($1,653 per ton) and Malaysia ($1,728 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Gingerbread, Sweet Biscuit and Waffle in Pakistan

For the fourth consecutive year, Pakistan recorded growth in shipments abroad of gingerbread, sweet biscuits and waffles, which increased by 60% to 18K tons in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gingerbread, sweet biscuit and waffle exports skyrocketed to $42M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Gingerbread, Sweet Biscuit and Waffle in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan8.06.26.111.613.2%
Oman0.70.50.96.0104.7%
United Arab Emirates1.91.31.75.643.4%
Somalia1.31.51.92.524.4%
Yemen0.10.20.82.4188.4%
Qatar0.81.41.61.831.0%
Saudi Arabia1.00.60.91.719.3%
United States0.91.51.91.621.1%
IraqN/AN/A1.01.220.0%
JordanN/AN/AN/A1.00%
Canada0.50.70.80.921.6%
South Africa0.50.30.60.817.0%
United Kingdom0.70.60.80.70.0%
Others4.84.64.74.6-1.4%
Total21.219.323.642.426.0%

Top Export Markets for Gingerbread, Sweet Biscuit and Waffle from Pakistan in 2022:

  1. Afghanistan (4.8K tons)
  2. Oman (2.9K tons)
  3. United Arab Emirates (1.7K tons)
  4. Yemen (1.4K tons)
  5. Somalia (1.2K tons)
  6. Qatar (1.0K tons)
  7. Saudi Arabia (0.6K tons)
  8. United States (0.6K tons)
  9. Jordan (0.5K tons)
  10. Iraq (0.4K tons)
  11. Canada (0.3K tons)
  12. South Africa (0.3K tons)
  13. United Kingdom (0.3K tons)

Imports of Gingerbread, Sweet Biscuit and Waffle in Pakistan

In 2022, the amount of gingerbread, sweet biscuits and waffles imported into Pakistan shrank notably to 592 tons, falling by -16.9% on 2021 figures. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 8.6% against the previous year.

In value terms, gingerbread, sweet biscuit and waffle imports shrank remarkably to $1.1M in 2022. Over the period under review, imports showed a deep slump. The smallest decline of -8.6% was in 2021.

Import of Gingerbread, Sweet Biscuit and Waffle in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia247164192212-5.0%
Italy277183185196-10.9%
Oman79.89.855.919634.9%
United Arab Emirates836665654143-44.5%
Turkey24.01.497.914080.0%
Malaysia22039715.451.2-38.5%
Sri Lanka34.17.214.336.62.4%
United Kingdom1282.34.02.9-71.7%
Others20746.4130131-14.1%
Total2,0531,4761,3491,108-18.6%

Top Suppliers of Gingerbread, Sweet Biscuit and Waffle to Pakistan in 2022:

  1. Indonesia (110.9 tons)
  2. Oman (109.6 tons)
  3. Italy (102.8 tons)
  4. United Arab Emirates (76.4 tons)
  5. Turkey (68.4 tons)
  6. Malaysia (29.6 tons)
  7. Sri Lanka (22.1 tons)
  8. United Kingdom (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for gingerbread, sweet biscuit and waffle in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10721230 - Gingerbread and the like
  • Prodcom 10721253 - Sweet biscuits, waffles and wafers completely or partially coated or covered with chocolate or other preparations containing cocoa
  • Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
  • Prodcom 10721257 - Waffles and wafers with a water content > .10 % by weight of the finished product (excluding ice cream cornets, s andwiched waffles, other similar products)
  • Prodcom 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)

Country coverage:

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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