New Zealand: Market for Gingerbread, Sweet Biscuits and Waffles 2022

Market Size for Gingerbread, Sweet Biscuits and Waffles in New Zealand

In 2021, the New Zealand market for gingerbread, sweet biscuits and waffles increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Gingerbread, Sweet Biscuits and Waffles in New Zealand

In value terms, gingerbread, sweet biscuit and waffle production contracted modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Gingerbread, sweet biscuit and waffle production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports from New Zealand

In 2021, overseas shipments of gingerbread, sweet biscuits and waffles increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a mild contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, gingerbread, sweet biscuit and waffle exports soared to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for gingerbread, sweet biscuit and waffle exports from New Zealand, with a X% share of total exports. Moreover, gingerbread, sweet biscuit and waffle exports to Australia exceeded the volume sent to the second major destination, Malaysia (X tons), more than tenfold. Tonga (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Tonga (+X% per year).

In value terms, Australia ($X) remains the key foreign market for gingerbread, sweet biscuit and waffle exports from New Zealand, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by New Caledonia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and New Caledonia (+X% per year).

Export Prices by Country

In 2021, the average export price for gingerbread, sweet biscuits and waffles amounted to $X per ton, surging by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The export price peaked at $X per ton in 2017; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was New Caledonia ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports into New Zealand

In 2021, overseas purchases of gingerbread, sweet biscuits and waffles were finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, gingerbread, sweet biscuit and waffle imports surged to $X in 2021. Overall, total imports indicated a slight expansion from 2012 to 2021: its value decreased at an average annual rate of -X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Australia (X tons) constituted the largest gingerbread, sweet biscuit and waffle supplier to New Zealand, accounting for a X% share of total imports. Moreover, gingerbread, sweet biscuit and waffle imports from Australia exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), sevenfold. The third position in this ranking was occupied by Thailand (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Australia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Thailand (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of gingerbread, sweet biscuit and waffle to New Zealand, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Australia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The average import price for gingerbread, sweet biscuits and waffles stood at $X per ton in 2021, increasing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, 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