Trade Trends
Global exports of sweet biscuits climbed from $8.39B in 2019 to $11.66B in 2023—an impressive 38.94% surge in just five years. This steady upward trend underscores robust global demand, with year-on-year growth consistently maintained from 2020 to 2023.
The expanding sweet biscuits market reflects shifting consumer preferences toward indulgent snacks, healthier alternatives, and premium bakery products. Rapid growth in emerging economies combined with strong performance from established exporters has further fueled global trade momentum. USD$ trade values indicate that both mature and developing markets are actively contributing to this sector’s expansion.
Top Trading Countries
- Mexico stands out as a top global exporter in 2024 with $1.32B in exports, rising from $1.24B in 2023 and $727.27M in 2019. This showcases a 70.76% jump from 2019 to 2023 and a 6.31% increase from 2023 to 2024.
- Netherlands recorded $1.10B in exports in 2024, up from $1.08B in 2023 and $730.75M in 2019. That’s a 48.4% boost from 2019 to 2023 and a 1.26% rise from 2023 to 2024.
- Germany reached $1.09B in exports in 2024, rising from $1.06B in 2023 and $750.99M in 2019. This reflects a 41.42% increase from 2019 to 2023 and a 2.93% growth from 2023 to 2024.
- Italy hit $640.77M in exports in 2024, up from $526.17M in 2023 and $305.41M in 2019—demonstrating a 72.28% rise from 2019 to 2023 and a strong 21.78% growth from 2023 to 2024.
- Belgium posted $736.56M in 2024, compared to $733.27M in 2023 and $488.04M in 2019, representing a 50.25% increase from 2019 to 2023 and a modest 0.45% growth from 2023 to 2024.
On the Rise
- India continues its upward momentum with exports increasing from $181.33M in 2019 to $325.28M in 2023 and $343.59M in 2024. This marks a 79.38% surge from 2019 to 2023 and a 5.63% rise from 2023 to 2024.
- Turkey advanced from $344.68M in 2019 to $455.50M in 2023 and $493.12M in 2024—showing a 32.15% rise from 2019 to 2023 and an 8.26% increase from 2023 to 2024.
- United Kingdom grew from $408.24M in 2019 to $430.23M in 2023 and $482.88M in 2024, reflecting a 5.39% growth from 2019 to 2023 and a notable 12.24% jump from 2023 to 2024.
- France increased exports from $307.47M in 2019 to $428.03M in 2023 and $478.16M in 2024, registering a 39.21% rise from 2019 to 2023 and an 11.71% increase from 2023 to 2024.
- Denmark reached $222.63M in 2024, up from $189.59M in 2023 and $175.57M in 2019—marking a 7.98% increase from 2019 to 2023 and a strong 17.43% rise from 2023 to 2024.
These countries demonstrate accelerating export growth, expanding production capabilities, and increasing competitiveness in the global sweet biscuits market.
Disclaimer
These insights are derived from available trade data and may not fully represent the complete market picture.
