IndexBox has just published a new report: ‘EU – Gingerbread – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the gingerbread market in the European Union amounted to $704M in 2018. 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).

Consumption By Country in the EU

The countries with the highest volumes of gingerbread consumption in 2018 were Germany (73K tonnes), the Netherlands (40K tonnes) and Spain (35K tonnes), together comprising 53% of total consumption. These countries were followed by Italy, Poland, Belgium, France, Romania, Greece, Sweden, the Czech Republic and Austria, which together accounted for a further 35%.

From 2007 to 2018, the most notable rate of growth in terms of gingerbread consumption, amongst the main consuming countries, was attained by Italy, while gingerbread consumption for the other leaders experienced more modest paces of growth.

In value terms, Germany ($209M), Italy ($114M) and the Netherlands ($88M) were the countries with the highest levels of market value in 2018, with a combined 58% share of the total market. Poland, France, Belgium, Greece, Sweden, Austria, Romania, the Czech Republic and Spain lagged somewhat behind, together comprising a further 29%.

In 2018, the highest levels of gingerbread per capita consumption was registered in the Netherlands (2,361 kg per 1000 persons), followed by Germany (886 kg per 1000 persons), Belgium (799 kg per 1000 persons) and Spain (748 kg per 1000 persons), while the world average per capita consumption of gingerbread was estimated at 544 kg per 1000 persons.

Market Forecast 2019-2025 in the EU

Driven by rising demand for gingerbread in the European Union, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.8% for the period from 2018 to 2030, which is projected to bring the market volume to 304K tonnes by the end of 2030.

Production in the EU

In 2018, approx. 294K tonnes of gingerbread were produced in the European Union; flattening at the previous year. In general, gingerbread production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when gingerbread production reached its peak volume of 305K tonnes. From 2015 to 2018, gingerbread production growth remained at a somewhat lower figure.

Production By Country in the EU

The countries with the highest volumes of gingerbread production in 2018 were Germany (83K tonnes), the Netherlands (45K tonnes) and Spain (37K tonnes), with a combined 56% share of total production. These countries were followed by Italy, Poland, Ireland, Belgium and Sweden, which together accounted for a further 31%.

From 2007 to 2018, the most notable rate of growth in terms of gingerbread production, amongst the main producing countries, was attained by Ireland, while gingerbread production for the other leaders experienced more modest paces of growth.

Exports in the EU

In 2018, the exports of gingerbread in the European Union stood at 79K tonnes, surging by 11% against the previous year. The total export volume increased at an average annual rate of +3.1% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, gingerbread exports attained their peak figure in 2018 and are expected to retain its growth in the near future. In value terms, gingerbread exports amounted to $250M (IndexBox estimates) in 2018.

Exports by Country

Germany (18K tonnes) and Ireland (17K tonnes) represented the major exporters of gingerbread in 2018, finishing at approx. 22% and 21% of total exports, respectively. Poland (8,694 tonnes) held an 11% share (based on tonnes) of total exports, which put it in second place, followed by the UK (9.4%), Belgium (7%), the Netherlands (6.4%) and France (6.1%).

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Ireland, while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($73M), Ireland ($43M) and Poland ($27M) constituted the countries with the highest levels of exports in 2018, with a combined 57% share of total exports.

Export Prices by Country

The gingerbread export price in the European Union stood at $3,160 per tonne in 2018, shrinking by -2.1% against the previous year. Over the period under review, the gingerbread export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for gingerbread attained their maximum at $3,530 per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($4,095 per tonne), while France ($1,805 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2018, approx. 63K tonnes of gingerbread were imported in the European Union; increasing by 14% against the previous year. The total import volume increased at an average annual rate of +1.0% over the period from 2007 to 2018. In value terms, gingerbread imports stood at $190M (IndexBox estimates) in 2018.

Imports by Country

France (10,983 tonnes), the UK (8,519 tonnes) and Germany (7,870 tonnes) represented roughly 43% of total imports of gingerbread in 2018. Belgium (4,999 tonnes) ranks next in terms of the total imports with a 7.9% share, followed by Austria (6.4%), the Czech Republic (6.2%) and Romania (5%). Portugal (2,738 tonnes), Ireland (2,359 tonnes), Slovakia (2,153 tonnes), Hungary (1,899 tonnes) and Italy (1,716 tonnes) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Portugal, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($42M), Germany ($26M) and the UK ($24M) constituted the countries with the highest levels of imports in 2018, together accounting for 49% of total imports.

Import Prices by Country

The gingerbread import price in the European Union stood at $3,008 per tonne in 2018, shrinking by -2.2% against the previous year. Overall, the gingerbread import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was France ($3,852 per tonne), while Belgium ($1,877 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Slovakia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform