Uzbekistan: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in Uzbekistan

The Uzbek market for gingerbread, sweet biscuits and waffles rose to $X in 2023, surging by X% against the previous year. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2023: its value 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, consumption decreased by X% against 2021 indices. Gingerbread, sweet biscuit and waffle consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Gingerbread, Sweet Biscuits and Waffles in Uzbekistan

In value terms, gingerbread, sweet biscuit and waffle production rose to $X in 2023 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Gingerbread, sweet biscuit and waffle production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports from Uzbekistan

In 2023, the amount of gingerbread, sweet biscuits and waffles exported from Uzbekistan rose slightly to X tons, with an increase of X% compared with 2022 figures. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the near future.

In value terms, gingerbread, sweet biscuit and waffle exports amounted to $X in 2023. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Georgia (X tons) was the main destination for gingerbread, sweet biscuit and waffle exports from Uzbekistan, with a X% share of total exports. Moreover, gingerbread, sweet biscuit and waffle exports to Georgia exceeded the volume sent to the second major destination, Azerbaijan (X tons), twofold.

From 2017 to 2023, the average annual growth rate of volume to Georgia amounted to X.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Kyrgyzstan (X% per year).

In value terms, Georgia ($X) emerged as the key foreign market for gingerbread, sweet biscuits and waffles exports from Uzbekistan, comprising X% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a X% share of total exports.

From 2017 to 2023, the average annual rate of growth in terms of value to Georgia totaled X.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2023, the average export price for gingerbread, sweet biscuits and waffles amounted to $X per ton, approximately equating the previous year. Overall, the export price saw slight growth. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2017 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports into Uzbekistan

Gingerbread, sweet biscuit and waffle imports into Uzbekistan rose remarkably to X tons in 2023, growing by X% compared with 2022 figures. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in the near future.

In value terms, gingerbread, sweet biscuit and waffle imports expanded remarkably to $X in 2023. In general, imports recorded significant growth. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in the near future.

Imports by Country

Ukraine (X tons), the Netherlands (X tons) and Turkey (X tons) were the main suppliers of gingerbread, sweet biscuit and waffle imports to Uzbekistan, together accounting for X% of total imports.

From 2017 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Ukraine ($X) and Turkey ($X) constituted the largest gingerbread, sweet biscuit and waffle suppliers to Uzbekistan, with a combined X% share of total imports. Bulgaria, Germany, Lithuania, Georgia and Russia lagged somewhat behind, together accounting for a further X%.

Georgia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for gingerbread, sweet biscuits and waffles stood at $X per ton in 2023, picking up by X% against the previous year. In general, the import price recorded a moderate expansion. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2017 to 2023, the most notable rate of growth in terms of prices was attained by Iran (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform