China - Sweet Biscuits, Waffles And Wafers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Sweet Biscuit, Waffle and Wafer in China - 2023
Contents:
- Price for Sweet Biscuit, Waffle and Wafer in China (CIF) - 2023
- Price for Sweet Biscuit, Waffle and Wafer in China (FOB) - 2023
- Imports of Sweet Biscuit, Waffle and Wafer in China
- Exports of Sweet Biscuit, Waffle and Wafer in China
Price for Sweet Biscuit, Waffle and Wafer in China (CIF) - 2023
In September 2023, the average import price for sweet biscuits, waffles and wafers amounted to $4,172 per ton, with an increase of 1.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 12% m-o-m. The import price peaked at $4,622 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($12,360 per ton), while the price for India ($1,680 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
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Price for Sweet Biscuit, Waffle and Wafer in China (FOB) - 2023
The average export price for sweet biscuits, waffles and wafers stood at $3,120 per ton in August 2023, which is down by -8.9% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 11% month-to-month. The export price peaked at $3,701 per ton in November 2022; however, from December 2022 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Malaysia ($6,130 per ton), while the average price for exports to Mexico ($387 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sweet Biscuit, Waffle and Wafer in China
Sweet biscuit, waffle and wafer imports into China reduced slightly to 120K tons in 2022, remaining relatively unchanged against the previous year. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 121K tons, leveling off in the following year.
In value terms, sweet biscuit, waffle and wafer imports declined slightly to $491M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of $496M, and then contracted slightly in the following year.
| Import of Sweet Biscuit, Waffle and Wafer in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 165 | 161 | 192 | 216 | 9.4% |
| Japan | 32.0 | 34.0 | 46.1 | 40.1 | 7.8% |
| Denmark | 37.8 | 33.7 | 34.3 | 39.1 | 1.1% |
| Germany | 14.9 | 15.8 | 23.7 | 24.8 | 18.5% |
| Malaysia | 43.5 | 30.7 | 28.8 | 22.5 | -19.7% |
| Russia | 6.5 | 4.0 | 22.5 | 18.8 | 42.5% |
| Italy | 9.6 | 9.7 | 12.3 | 17.4 | 21.9% |
| South Korea | 14.8 | 16.2 | 19.6 | 15.9 | 2.4% |
| Belgium | 7.0 | 7.4 | 13.1 | 13.5 | 24.5% |
| Turkey | 3.7 | 2.8 | 4.9 | 5.7 | 15.5% |
| United Kingdom | 4.4 | 5.2 | 4.8 | 4.6 | 1.5% |
| Others | 95.8 | 97.8 | 94.4 | 72.4 | -8.9% |
| Total | 436 | 418 | 496 | 491 | 4.0% |
Top Suppliers of Sweet Biscuit, Waffle and Wafer to China in 2022:
- Indonesia (69.6K tons)
- Russia (6.8K tons)
- Denmark (6.3K tons)
- Malaysia (5.9K tons)
- Belgium (4.1K tons)
- Germany (3.4K tons)
- Italy (3.1K tons)
- Japan (2.6K tons)
- South Korea (2.6K tons)
- United Kingdom (2.4K tons)
- Turkey (2.3K tons)
Exports of Sweet Biscuit, Waffle and Wafer in China
Sweet biscuit, waffle and wafer exports from China rose modestly to 41K tons in 2022, surging by 1.6% on the previous year's figure. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 6.6%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, sweet biscuit, waffle and wafer exports rose remarkably to $137M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Sweet Biscuit, Waffle and Wafer in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 27.6 | 26.9 | 20.9 | 25.0 | -3.2% |
| Vietnam | 4.1 | 7.4 | 15.2 | 17.4 | 61.9% |
| Japan | 10.0 | 11.5 | 11.4 | 15.5 | 15.7% |
| Thailand | 4.6 | 8.8 | 13.6 | 13.9 | 44.6% |
| United States | 13.3 | 11.2 | 13.5 | 13.1 | -0.5% |
| Malaysia | 4.5 | 4.2 | 4.4 | 7.4 | 18.0% |
| Mexico | 4.6 | 3.4 | 6.9 | 6.1 | 9.9% |
| Australia | 3.2 | 3.4 | 5.2 | 5.2 | 17.6% |
| Saudi Arabia | 4.2 | 3.6 | 3.2 | 4.2 | 0.0% |
| Indonesia | 2.9 | 0.6 | 0.2 | 2.0 | -11.6% |
| Hong Kong SAR | 11.6 | N/A | N/A | N/A | 0% |
| Others | 25.9 | 28.5 | 29.1 | 27.0 | 1.4% |
| Total | 117 | 109 | 123 | 137 | 5.4% |
Top Export Markets for Sweet Biscuit, Waffle and Wafer from China in 2022:
- Philippines (9.3K tons)
- Japan (5.8K tons)
- Thailand (4.3K tons)
- Vietnam (4.0K tons)
- United States (3.3K tons)
- Malaysia (2.6K tons)
- Saudi Arabia (1.7K tons)
- Mexico (1.3K tons)
- Australia (1.2K tons)
- Indonesia (0.9K tons)
This report provides an in-depth analysis of the market for sweet biscuit, waffle and wafer in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10721253 - Sweet biscuits, waffles and wafers completely or partially coated or covered with chocolate or other preparations containing cocoa
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The price of Waffle and Wafer in China, CIF, was $3,290 per ton in June 2023, remaining stable compared to the previous month.
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In April 2023, the value of Sweet Biscuit imports decreased to $13M.
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