Africa: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in Africa

The African market for gingerbread, sweet biscuits and waffles stood at $X in 2023, almost unchanged from the previous year. The total consumption indicated a noticeable expansion 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, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in Africa

In value terms, gingerbread, sweet biscuit and waffle production totaled $X in 2023 estimated in export price. The total production indicated a noticeable expansion 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, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

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Exports of Gingerbread, Sweet Biscuits and Waffles

Exports in Africa

For the third year in a row, Africa recorded growth in shipments abroad of gingerbread, sweet biscuits and waffles, which increased by X% to X tons in 2023. Total exports indicated a modest expansion from 2012 to 2023: its volume 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of export peaked in 2023 and is likely to see steady growth in the immediate term.

In value terms, gingerbread, sweet biscuit and waffle exports expanded modestly to $X in 2023. Total exports indicated mild 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. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the immediate term.

Exports by Country

South Africa (X tons) and Zambia (X tons) were the major exporters of gingerbread, sweet biscuits and waffles in 2023, recording approx. X% and X% of total exports, respectively. Egypt (X tons) held the next position in the ranking, followed by Senegal (X tons) and Tunisia (X tons). All these countries together took approx. X% share of total exports. Rwanda (X tons), Zimbabwe (X tons), Uganda (X tons), Ghana (X tons) and Morocco (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Zambia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest gingerbread, sweet biscuit and waffle supplying countries in Africa were Egypt ($X), South Africa ($X) and Zambia ($X), with a combined X% share of total exports. Tunisia, Rwanda, Morocco, Zimbabwe, Senegal, Ghana and Uganda lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Zimbabwe, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, which is down by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports in Africa

In 2023, the amount of gingerbread, sweet biscuits and waffles imported in Africa totaled X tons, leveling off at 2022 figures. The total import volume 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 pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, gingerbread, sweet biscuit and waffle imports amounted to $X in 2023. Total imports indicated a modest expansion 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, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Democratic Republic of the Congo (X tons), followed by Libya (X tons), Angola (X tons) and South Africa (X tons) represented the major importers of gingerbread, sweet biscuits and waffles, together comprising X% of total imports. Morocco (X tons), Cote d'Ivoire (X tons), Somalia (X tons), Senegal (X tons), Chad (X tons), Tanzania (X tons), Mozambique (X tons), Congo (X tons) and Mauritania (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Chad (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Libya ($X), Democratic Republic of the Congo ($X) and South Africa ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Morocco, Angola, Cote d'Ivoire, Senegal, Mauritania, Somalia, Mozambique, Congo, Tanzania and Chad lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Chad, with a CAGR of X%, saw 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

In 2023, the import price in Africa amounted to $X per ton, approximately equating the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2023.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Chad ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform