Puerto Rico: Market for Gingerbread, Sweet Biscuits and Waffles 2022

Market Size for Gingerbread, Sweet Biscuits and Waffles in Puerto Rico

The Puerto Rican market for gingerbread, sweet biscuits and waffles stood at less than $X in 2020, remaining constant 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). Overall, consumption showed a relatively flat trend pattern.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports by Country

In 2021, Mexico (X tons), Turkey (X tons), the Netherlands (X tons), Germany (X tons), Indonesia (X tons), Belgium (X tons), Poland (X tons), Italy (X tons), Canada (X tons), India (X tons), Russia (X tons) and Spain (X tons) represented the key exporter of gingerbread, sweet biscuits and waffles in the world, committing X% of total export. The UK (X tons) held a minor share of total exports.

From 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest gingerbread, sweet biscuit and waffle supplying countries from Puerto Rico were Germany ($X), Poland ($X) and the Netherlands ($X), together comprising X% of total exports. Italy, Mexico, Canada, Belgium, Turkey, Indonesia, the UK, Spain, Russia and India lagged somewhat behind, together comprising a further X the main exporting countries, Indonesia, with a CAGR of +X%, saw the highest growth rate of 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 2021, the and waffles in Puerto Rico amounted to less than $X per ton, standing approx. at the previous year. In general, the export price saw a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the other leaders experienced more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports by Country

In 2021, the United States (X tons), distantly followed by Germany (X tons) and France (X tons) were the main importers of gingerbread, sweet biscuits and waffles, together constituting X% of total imports. The UK (X tons), Belgium (X tons), the Netherlands (X tons), China (X tons), Iraq (X tons), Canada (X tons), Italy (X tons), Saudi Arabia (X tons), Romania (X tons) and Spain (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +X% from 2012 to 2021. At the same time, China (+X%), Romania (+X%), Saudi Arabia (+X%), Germany (+X%), Iraq (+X%), Italy (+X%), Spain (+X%), Belgium (+X%), Canada (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. France and the UK experienced a relatively flat trend pattern. percentage points. the UK (-X p.p.) and France (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported gingerbread, sweet biscuits and waffles into Puerto Rico, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (-X% per year).

Import Prices by Country

The and waffles in Puerto Rico stood at less than $X per ton in 2021, remaining stable against the previous year. In general, the import price saw a relatively flat trend pattern.

Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform