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 sharply to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate 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 skyrocketed to $X in 2023 estimated in export price. In general, production saw a relatively flat trend pattern. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports in Eastern Europe

In 2023, gingerbread, sweet biscuit and waffle exports in Eastern Europe reached X tons, picking up by X% compared with 2022 figures. Total exports indicated a remarkable increase from 2012 to 2023: its volume 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 increased by X% against 2013 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in the immediate term.

In value terms, gingerbread, sweet biscuit and waffle exports surged to $X in 2023. In general, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, Poland (X tons) represented the major exporter of gingerbread, sweet biscuits and waffles, achieving X% of total exports. It was distantly followed by Russia (X tons), the Czech Republic (X tons), Ukraine (X tons) and Bulgaria (X tons), together constituting a X% share of total exports. Slovakia (X tons) and Romania (X tons) took a relatively small share of total exports.

From 2012 to 2023, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for 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 rate of growth in terms of value in Poland totaled 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

In 2023, the export price in Eastern Europe amounted to $X per ton, increasing 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 attained 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

Gingerbread, sweet biscuit and waffle imports was estimated at X tons in 2023, surging by X% compared with 2022 figures. 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 in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, gingerbread, sweet biscuit and waffle imports surged to $X in 2023. Total imports indicated a prominent 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, 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

Poland (X tons), Romania (X tons) and the Czech Republic (X tons) represented roughly X% of total imports in 2023. Russia (X tons) ranks next in terms of the total imports with a X% share, followed by Hungary (X%), Slovakia (X%) and Bulgaria (X%).

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

In value terms, Poland ($X), Romania ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to 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 Eastern Europe stood at $X per ton in 2023, surging by X% against the previous year. Over the last eleven-year period, 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.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Slovakia ($X per ton) and Hungary ($X per ton), while Russia ($X per ton) and Romania ($X per ton) were 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