Non Chocolate Sweet Biscuits Price Per Unit in Belgium

The price per unit of non-chocolate sweet biscuits in Belgium showed a downward trend from 2011 to 2021, beginning at 3.81 euros and reducing to 2.82 euros per kilogram. This represents noticeable fluctuations with a significant drop, particularly between 2015 to 2018, followed by a slight recovery toward 2021. Over the last two years leading up to 2021, prices increased by a compounded annual growth rate (CAGR) of approximately 8.76% from 2019. The five-year CAGR reveals a decrease of about 0.66% annually, indicating a long-term downtrend.

In 2023, market indications suggest stabilization around historical lows with slight upward pressures due to inflation and rising production costs. Looking forward, factors to watch include changes in consumer habits, input cost fluctuations, and potential shifts in market competition, which could impact the pricing trajectory of non-chocolate sweet biscuits in the coming years. Sustainability trends and health considerations might further influence product differentiation and market segmentation, potentially altering pricing dynamics.

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