Gingerbread Market in the EU to Expand Moderately Over the Next Decade

January 31st, 2020 IndexBox Leave a comment

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

Archives, Global Trade Daily, News

Portugal and Italy Remain the Largest Carob Markets Worldwide

January 29th, 2020 IndexBox Leave a comment

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

The global carob market revenue amounted to $111M 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). Overall, carob consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the global carob market reached its maximum level at $116M in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Consumption By Country

The countries with the highest volumes of carob consumption in 2018 were Portugal (38K tonnes), Italy (34K tonnes) and Turkey (14K tonnes), with a combined 60% share of global consumption.

From 2012 to 2018, the most notable rate of growth in terms of carob consumption, amongst the main consuming countries, was attained by Portugal, while carob consumption for the other global leaders experienced more modest paces of growth.

In value terms, Italy ($34M) led the market, alone. The second position in the ranking was occupied by Spain ($14M). It was followed by Portugal.

The countries with the highest levels of carob per capita consumption in 2018 were Portugal (3,679 kg per 1000 persons), Cyprus (2,688 kg per 1000 persons) and Greece (1,121 kg per 1000 persons).

Market Forecast 2019-2025

Driven by increasing demand for carob, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.8% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 152K tonnes by the end of 2025.

Production 2007-2018

In 2018, the global carob production stood at 165K tonnes, increasing by 1.8% against the previous year. The total output volume increased at an average annual rate of +1.7% over the period from 2012 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. In 2014, global carob production attained its peak volume of 191K tonnes, thanks to the high yields in Portugal, which remains major carob producer. From 2015 to 2018, global carob production growth, however, remained at a somewhat lower figure. The general positive trend in terms of carob output was largely conditioned by a modest expansion of the harvested area and a temperate increase in yield figures.

Production By Country

The countries with the highest volumes of carob production in 2018 were Portugal (43K tonnes), Italy (29K tonnes) and Spain (23K tonnes), together accounting for 58% of global production. Morocco, Turkey, Greece and Algeria lagged somewhat behind, together accounting for a further 35%.

Harvested Area 2007-2018

In 2018, approx. 42K ha of carob were harvested worldwide; therefore, remained relatively stable against the previous year. In general, the carob harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 1.6% against the previous year. The global carob harvested area peaked at 43K ha in 2012; however, from 2013 to 2018, harvested area stood at a somewhat lower figure.

Yield 2007-2018

In 2018, the global average carob yield stood at 4 tonne per ha, jumping by 1.5% against the previous year. The yield figure increased at an average annual rate of +2.1% over the period from 2012 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years.

Exports 2007-2018

In 2018, the amount of carob exported worldwide totaled 56K tonnes, picking up by 11% against the previous year. The total export volume increased at an average annual rate of +5.9% from 2012 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The global exports peaked in 2018 and are expected to retain its growth in the near future. In value terms, carob exports amounted to $27M (IndexBox estimates) in 2018.

Exports by Country

In 2018, Morocco (20K tonnes) and Spain (15K tonnes) represented the main exporters of carob in the world, together amounting to near 63% of total exports. It was distantly followed by Algeria (7,538 tonnes) and Portugal (5,452 tonnes), together comprising a 23% share of total exports. Cyprus (2,348 tonnes), Turkey (1,487 tonnes) and Italy (1,121 tonnes) followed a long way behind the leaders.

From 2012 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Morocco, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Morocco ($6.7M), Spain ($6.2M) and Algeria ($4.4M) appeared to be the countries with the highest levels of exports in 2018, together accounting for 65% of global exports.

Export Prices by Country

In 2018, the average carob export price amounted to $474 per tonne, waning by -3.6% against the previous year. In general, the carob export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices for carob attained their maximum at $572 per tonne in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($1,126 per tonne), while Morocco ($332 per tonne) was amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, the amount of carob imported worldwide totaled 34K tonnes, picking up by 3.4% against the previous year. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. In value terms, carob imports amounted to $29M (IndexBox estimates) in 2018.

Imports by Country

In 2018, Italy (6.5K tonnes), distantly followed by Switzerland (3,758 tonnes), Thailand (3,343 tonnes), Egypt (2,530 tonnes), Belgium (2,349 tonnes), Spain (2,018 tonnes), France (1,909 tonnes), the U.S. (1,837 tonnes), the Czech Republic (1,608 tonnes) and Germany (1,556 tonnes) were the main importers of carob, together comprising 80% of total imports.

From 2012 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the U.S., while imports for the other global leaders experienced more modest paces of growth.

In value terms, Switzerland ($9.9M) constitutes the largest market for imported carob worldwide, comprising 34% of global imports. The second position in the ranking was occupied by Spain ($3.9M), with a 14% share of global imports. It was followed by Italy, with a 9.7% share.

Import Prices by Country

The average carob import price stood at $844 per tonne in 2018, going up by 15% against the previous year. Over the period from 2012 to 2018, it increased at an average annual rate of +2.7%. The global import price peaked in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Switzerland ($2,644 per tonne), while France ($357 per tonne) was amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

Rising Demand in China Drives Grape Market in Asia-Pacific

January 28th, 2020 IndexBox Leave a comment

IndexBox has just published a new report: ‘Asia-Pacific – Grapes – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the grape market in Asia-Pacific amounted to $35.2B in 2018, going up by 5.9% against the previous year. 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). The total market indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +5.9% over the last eleven-year period. The level of grape consumption peaked in 2018 and is expected to retain its growth in the near future.

Consumption By Country in Asia-Pacific

The country with the largest volume of grape consumption was China (14M tonnes), accounting for 66% of total volume. Moreover, grape consumption in China exceeded the figures recorded by the second-largest consumer, India (2.9M tonnes), fivefold. Australia (1.8M tonnes) ranked third in terms of total consumption with a 8.2% share.

From 2007 to 2018, the average annual rate of growth in terms of volume in China totaled +7.1%. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+5.5% per year) and Australia (+1.5% per year).

In value terms, China ($21B) led the market, alone. The second position in the ranking was occupied by India ($4.7B). It was followed by Australia.

The countries with the highest levels of grape per capita consumption in 2018 were New Zealand (92 kg per person), Australia (71 kg per person) and Afghanistan (24 kg per person).

Market Forecast 2019-2025 in Asia-Pacific

Driven by increasing demand for grape in Asia-Pacific, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +4.2% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 29M tonnes by the end of 2025.

Production in Asia-Pacific

In 2018, the amount of grapes produced in Asia-Pacific stood at 21M tonnes, jumping by 6.1% against the previous year. The total output indicated a buoyant increase from 2007 to 2018: its volume increased at an average annual rate of +5.8% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, grape production increased by +86.7% against 2007 indices. The most prominent rate of growth was recorded in 2012 with an increase of 18% year-to-year. The general positive trend in terms of grape output is largely conditioned by a resilient increase of the harvested area and slight growth in yield figures.

Production By Country in Asia-Pacific

China (14M tonnes) remains the largest grape producing country in Asia-Pacific, comprising approx. 66% of total volume. Moreover, grape production in China exceeded the figures recorded by the second-largest producer, India (3.1M tonnes), fivefold. The third position in this ranking was occupied by Australia (1.9M tonnes), with a 8.8% share.

In China, grape production increased at an average annual rate of +6.9% over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: India (+5.7% per year) and Australia (+1.8% per year).

Harvested Area in Asia-Pacific

In 2018, the total area harvested in terms of grapes production in Asia-Pacific amounted to 1.3M ha, increasing by 4.6% against the previous year. The harvested area increased at an average annual rate of +4.1% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Yield in Asia-Pacific

The average grape yield totaled 16 tonne per ha in 2018, standing approx. at the previous year. The yield figure increased at an average annual rate of +1.7% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review.

Exports in Asia-Pacific

In 2018, the amount of grapes exported in Asia-Pacific amounted to 773K tonnes, growing by 11% against the previous year. Overall, grape exports continue to indicate prominent growth. In value terms, grape exports amounted to $1.2B (IndexBox estimates) in 2018.

Exports by Country

China, Hong Kong SAR (201K tonnes), Afghanistan (176K tonnes), India (172K tonnes), and Australia (124K tonnes) represented roughly 87% of total exports of grapes in 2018.

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

In value terms, the largest grape supplying countries in Asia-Pacific were China, Hong Kong SAR ($369M), Australia ($286M) and India ($275M), with a combined 77% share of total exports.

Export Prices by Country

In 2018, the grape export price in Asia-Pacific amounted to $1,569 per tonne, coming down by -5.1% against the previous year. Overall, the grape export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of 13% against the previous year. In that year, the export prices for grapes reached their peak level of $1,821 per tonne. From 2012 to 2018, the growth in terms of the export prices for grapes remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Australia ($2,306 per tonne), while Afghanistan ($595 per tonne) was amongst the lowest.

Imports in Asia-Pacific

In 2018, the amount of grapes imported in Asia-Pacific stood at 1.2M tonnes, growing by 15% against the previous year. Overall, grape imports continue to indicate buoyant growth. Over the period under review, grape imports reached their maximum in 2018 and are expected to retain its growth in the immediate term. In value terms, grape imports totaled $2.6B (IndexBox estimates) in 2018.

Imports by Country

In 2018, China (277K tonnes) and China, Hong Kong SAR (238K tonnes) represented the major importers of grapes in Asia-Pacific, together generating 44% of total imports. Thailand (158K tonnes) ranks next in terms of the total imports with a 13% share, followed by Indonesia (11%), South Korea (5.6%) and Pakistan (4.6%). Japan (41K tonnes), the Philippines (35K tonnes), Malaysia (34K tonnes), Australia (29K tonnes), Viet Nam (27K tonnes) and Taiwan, Chinese (26K tonnes) followed a long way behind the leaders.

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

In value terms, the largest grape importing markets in Asia-Pacific were China ($628M), China, Hong Kong SAR ($497M) and Thailand ($410M), with a combined 59% share of total imports. Indonesia, South Korea, Pakistan, Japan, Malaysia, Australia, Taiwan, Chinese, Viet Nam and the Philippines lagged somewhat behind, together accounting for a further 36%.

Import Prices by Country

The grape import price in Asia-Pacific stood at $2,224 per tonne in 2018, going down by -2.7% against the previous year. Over the last eleven years, it increased at an average annual rate of +2.0%. The level of import price peaked at $2,366 per tonne in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Taiwan ($2,672 per tonne), while the Philippines ($1,625 per tonne) was amongst the lowest.

Source: IndexBox AI Platform

Archives, EU Trade, Global Trade Daily

Crispbread Market in Germany To Continue Moderate Growth

January 28th, 2020 IndexBox Leave a comment

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

The revenue of the crispbread market in Germany amounted to $88M in 2018, surging by 6.4% against the previous year. 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). The market value increased at an average annual rate of +2.5% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period.

Market Forecast 2019-2025 in Germany

Driven by increasing demand for crispbread in Germany, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.2% for the period from 2018 to 2025, which is projected to bring the market volume to 30K tonnes by the end of 2025.

Production in Germany

In 2018, the crispbread production in Germany totaled 49K tonnes, remaining constant against the previous year. The total output volume increased at an average annual rate of +2.4% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, crispbread production reached its peak figure volume in 2018 and is likely to continue its growth in the immediate term.

Exports from Germany

Crispbread exports from Germany stood at 30K tonnes in 2018, remaining stable against the previous year. The total export volume increased at an average annual rate of +1.9% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. In value terms, crispbread exports amounted to $100M (IndexBox estimates) in 2018.

Exports by Country

The Netherlands (4.9K tonnes), Sweden (4K tonnes) and Italy (3.6K tonnes) were the main destinations of crispbread exports from Germany, together comprising 41% of total exports. The UK, France, Poland, the U.S., Austria, Denmark, Spain, Switzerland and the Czech Republic lagged somewhat behind, together comprising a further 49%.

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

In value terms, the largest markets for crispbread exported from Germany were France ($15M), the Netherlands ($14M) and Sweden ($12M), with a combined 41% share of total exports.

Export Prices by Country

The average crispbread export price stood at $3,308 per tonne in 2018, growing by 7.9% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.7%.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Switzerland ($6,863 per tonne), while the average price for exports to the Czech Republic ($2,589 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced more modest paces of growth.

Imports into Germany

In 2018, the crispbread imports into Germany totaled 8K tonnes, growing by 5.5% against the previous year. In general, crispbread imports, however, continue to indicate a mild contraction. In value terms, crispbread imports amounted to $22M (IndexBox estimates) in 2018.

Imports by Country

In 2018, Sweden (4.3K tonnes) constituted the largest crispbread supplier to Germany, with a 54% share of total imports. Moreover, crispbread imports from Sweden exceeded the figures recorded by the second-largest supplier, Finland (1.6K tonnes), threefold. The third position in this ranking was occupied by Italy (924 tonnes), with a 12% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Sweden amounted to -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-0.8% per year) and Italy (-2.1% per year).

In value terms, Sweden ($8.7M), Finland ($5.9M) and Italy ($2.5M) constituted the largest crispbread suppliers to Germany, together accounting for 77% of total imports. Switzerland, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 16%.

Import Prices by Country

In 2018, the average crispbread import price amounted to $2,772 per tonne, rising by 6.3% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.4%.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Switzerland ($6,047 per tonne), while the price for Sweden ($2,021 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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Archives, EU Trade, Global Trade Daily

Sweet Biscuit, Waffle And Wafer Market in the EU Reached $5.5B

January 27th, 2020 IndexBox Leave a comment

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

The revenue of the market for sweet biscuits, waffles and wafers in the European Union amounted to $5.5B in 2018, surging by 3.2% against the previous year. 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). Overall, consumption of sweet biscuits, waffles and wafers continues to indicate a relatively flat trend pattern.