Eastern Europe: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in Eastern Europe

The East European market for gingerbread, sweet biscuits and waffles expanded markedly to $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in Eastern Europe

In value terms, gingerbread, sweet biscuit and waffle production rose remarkably to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports in Eastern Europe

For the ninth consecutive year, Eastern Europe recorded growth in overseas shipments of gingerbread, sweet biscuits and waffles, which increased by X% to X tons in 2023. Total exports indicated prominent growth from 2012 to 2023: its volume 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, exports increased by X% against 2013 indices. The growth pace was the most rapid in 2013 with an increase of X%. The volume of export peaked in 2023 and is likely to continue growth in the immediate term.

In value terms, gingerbread, sweet biscuit and waffle exports soared to $X in 2023. Overall, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland represented the main exporter of gingerbread, sweet biscuits and waffles in Eastern Europe, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2023. Russia (X tons) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%), Ukraine (X%) and Bulgaria (X%). Slovakia (X tons) and Romania (X tons) held a relatively small share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest gingerbread, sweet biscuit and waffle supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Russia, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Poland amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 2023, 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 in Eastern Europe

In 2023, imports of gingerbread, sweet biscuits and waffles in Eastern Europe rose sharply to X tons, with an increase of X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked in 2023 and is likely to see gradual growth in the immediate term.

In value terms, gingerbread, sweet biscuit and waffle imports surged to $X in 2023. Total imports indicated a remarkable 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, imports increased by X% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of gingerbread, sweet biscuit and waffle imports in 2023 were Poland (X tons), Romania (X tons) and the Czech Republic (X tons), together resulting at X% of total import. It was distantly followed by Russia (X tons), Hungary (X tons), Slovakia (X tons) and Bulgaria (X tons), together creating a X% share of total imports. Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Romania ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Romania, with a CAGR of X%, saw the highest growth rate of 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 2023, the import price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform