CIS: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in CIS

The CIS market for gingerbread, sweet biscuits and waffles reached $X in 2023, surging by X% against the previous year. In general, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in CIS

In value terms, gingerbread, sweet biscuit and waffle production expanded slightly to $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports in CIS

In 2023, overseas shipments of gingerbread, sweet biscuits and waffles decreased by X% to X tons, falling for the second year in a row after ten years of growth. Overall, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, gingerbread, sweet biscuit and waffle exports rose notably to $X in 2023. Total exports indicated a prominent increase 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 decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, accounting for X tons, which was near X% of total exports in 2023. It was distantly followed by Uzbekistan (X tons), committing a X% share of total exports. Moldova (X tons), Kazakhstan (X tons) and Belarus (X tons) held a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to gingerbread, sweet biscuit and waffle exports from Russia stood at X%. At the same time, Uzbekistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. Belarus experienced a relatively flat trend pattern. By contrast, Moldova (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Kazakhstan (X p.p.), Belarus (X p.p.) and Moldova (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest gingerbread, sweet biscuit and waffle supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

In Russia, gingerbread, sweet biscuit and waffle exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Moldova (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports in CIS

In 2023, imports of gingerbread, sweet biscuits and waffles in the CIS surged to X tons, increasing by X% against 2022 figures. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, gingerbread, sweet biscuit and waffle imports expanded rapidly to $X in 2023. Total imports indicated a slight 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 increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Imports by Country

The purchases of the seven major importers of gingerbread, sweet biscuits and waffles, namely Kazakhstan, Kyrgyzstan, Russia, Azerbaijan, Belarus, Uzbekistan and Tajikistan, represented more than two-thirds of total import.

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

In value terms, Russia ($X), Kazakhstan ($X) and Azerbaijan ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Belarus, Uzbekistan, Kyrgyzstan and Tajikistan lagged somewhat behind, together comprising a further X%.

Uzbekistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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

The import price in the CIS stood at $X per ton in 2023, dropping by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform