Eastern Europe: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Eastern Europe

For the third consecutive year, the East European sweet biscuit market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption saw a perceptible curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sweet Biscuit Production in Eastern Europe

In value terms, sweet biscuit production expanded to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Sweet Biscuit Exports

Exports in Eastern Europe

In 2022, sweet biscuit exports in Eastern Europe expanded slightly to X tons, picking up by X% against 2021 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, sweet biscuit exports totaled $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The shipments of the three major exporters of sweet biscuits, namely Poland, Russia and the Czech Republic, represented more than two-thirds of total export. It was distantly followed by Ukraine (X tons), making up a X% share of total exports. Romania (X tons), Hungary (X tons), Slovakia (X tons) and Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), with a combined X% share of total exports. Ukraine, Romania, Hungary, Slovakia and Moldova lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Romania, 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

The export price in Eastern Europe stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced more modest paces of growth.

Sweet Biscuit Imports

Imports in Eastern Europe

In 2022, overseas purchases of sweet biscuits decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, sweet biscuit imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined slightly in the following year.

Imports by Country

In 2022, Romania (X tons) and Poland (X tons) were the key importers of sweet biscuits in Eastern Europe, together creating X% of total imports. It was distantly followed by Russia (X tons), the Czech Republic (X tons), Slovakia (X tons), Bulgaria (X tons) and Hungary (X tons), together creating a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit importing markets in Eastern Europe were Poland ($X), Romania ($X) and Russia ($X), together accounting for X% of total imports.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Russia ($X per ton) and Slovakia ($X per ton), while Romania ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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