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, with an increase of X% against the previous year. In general, consumption showed 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 rose slightly to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

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 for the first time since 2011, thus ending a eleven-year rising trend. Overall, exports, however, showed buoyant growth. 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 attained the peak figure at X tons in 2022, and then shrank in the following year.

In value terms, gingerbread, sweet biscuit and waffle exports expanded sharply to $X in 2023. Total exports indicated a strong 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, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Russia dominates exports structure, recording X tons, which was near X% of total exports in 2023. Kazakhstan (X tons) took the second position in the ranking, followed by Uzbekistan (X tons). All these countries together held approx. X% share of total exports. The following exporters - Moldova (X tons) and Belarus (X tons) - together made up X% of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2023. 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. Uzbekistan (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus and Moldova saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Russia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Moldova (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($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 more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports in CIS

In 2023, gingerbread, sweet biscuit and waffle imports in the CIS soared to X tons, picking up by X% on the year before. 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, gingerbread, sweet biscuit and waffle imports skyrocketed to $X in 2023. Total imports indicated a modest 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. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

In 2023, Kazakhstan (X tons), Kyrgyzstan (X tons), Russia (X tons), Azerbaijan (X tons), Belarus (X tons), Uzbekistan (X tons) and Tajikistan (X tons) represented the key importer of gingerbread, sweet biscuits and waffles in the CIS, comprising X% 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, the largest gingerbread, sweet biscuit and waffle importing markets in the CIS were Russia ($X), Kazakhstan ($X) and Azerbaijan ($X), with a combined X% share of total imports. Belarus, Uzbekistan, Kyrgyzstan and Tajikistan lagged somewhat behind, together comprising a further X%.

Uzbekistan, 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

The import price in the CIS stood at $X per ton in 2023, almost unchanged from the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2013; afterwards, it flattened through to 2023.

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