Finland - 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 Finland - 2023
Contents:
- Price for Sweet Biscuit, Waffle and Wafer in Finland (CIF) - 2023
- Price for Sweet Biscuit, Waffle and Wafer in Finland (FOB) - 2023
- Imports of Sweet Biscuit, Waffle and Wafer in Finland
- Exports of Sweet Biscuit, Waffle and Wafer in Finland
Price for Sweet Biscuit, Waffle and Wafer in Finland (CIF) - 2023
The average import price for sweet biscuits, waffles and wafers stood at $4,739 per ton in July 2023, with an increase of 2.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in January 2023 an increase of 19% against the previous month. Over the period under review, average import prices reached the maximum in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($8,436 per ton), while the price for Latvia ($2,991 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sweet Biscuit, Waffle and Wafer in Finland (FOB) - 2023
The average export price for sweet biscuits, waffles and wafers stood at $5,114 per ton in July 2023, remaining relatively unchanged against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 23% month-to-month. Over the period under review, the average export prices reached the peak figure at $5,374 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In July 2023, the highest price was recorded for prices to the UK ($5,890 per ton) and Norway ($5,374 per ton), while the average price for exports to Latvia ($4,204 per ton) and Estonia ($4,993 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sweet Biscuit, Waffle and Wafer in Finland
Sweet biscuit, waffle and wafer imports into Finland skyrocketed to 16K tons in 2022, rising by 16% against the previous year. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sweet biscuit, waffle and wafer imports surged to $60M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sweet Biscuit, Waffle and Wafer in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 12.6 | 14.7 | 16.2 | 16.6 | 9.6% |
| Netherlands | 10.8 | 12.1 | 11.2 | 15.2 | 12.1% |
| Germany | 8.6 | 8.4 | 8.7 | 10.2 | 5.9% |
| Poland | 2.4 | 1.9 | 2.0 | 2.9 | 6.5% |
| Belgium | 1.7 | 1.4 | 1.8 | 2.3 | 10.6% |
| Estonia | 1.2 | 1.0 | 1.2 | 2.1 | 20.5% |
| Spain | 2.3 | 1.9 | 1.5 | 1.6 | -11.4% |
| Czech Republic | 1.2 | 1.0 | 1.1 | 1.0 | -5.9% |
| United Kingdom | 2.5 | 2.1 | 0.8 | 0.5 | -41.5% |
| Others | 6.0 | 5.0 | 5.4 | 7.5 | 7.7% |
| Total | 49.4 | 49.5 | 49.8 | 59.9 | 6.6% |
Top Suppliers of Sweet Biscuit, Waffle and Wafer to Finland in 2022:
- Netherlands (4.9K tons)
- Sweden (4.7K tons)
- Germany (2.4K tons)
- Poland (1.2K tons)
- Belgium (0.5K tons)
- Czech Republic (0.4K tons)
- Estonia (0.4K tons)
- Spain (0.4K tons)
- United Kingdom (0.1K tons)
Exports of Sweet Biscuit, Waffle and Wafer in Finland
In 2022, after three years of growth, there was significant decline in shipments abroad of sweet biscuits, waffles and wafers, when their volume decreased by -14.7% to 1.2K tons. Overall, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 5.8%.
In value terms, sweet biscuit, waffle and wafer exports reduced to $6.1M in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 5.4%.
| Export of Sweet Biscuit, Waffle and Wafer in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 1,808 | 2,068 | 2,261 | 2,653 | 13.6% |
| Sweden | 1,495 | 1,573 | 1,408 | 1,400 | -2.2% |
| Netherlands | 1.0 | 2.7 | 247 | 446 | 664.0% |
| Norway | 132 | 514 | 350 | 319 | 34.2% |
| Denmark | 1.9 | 102 | 195 | 236 | 398.9% |
| Russia | 715 | 483 | 519 | 192 | -35.5% |
| Latvia | 126 | 119 | 181 | 191 | 14.9% |
| Belgium | 1,001 | 728 | 625 | 167 | -44.9% |
| United Kingdom | 67.1 | 69.9 | 146 | 127 | 23.7% |
| Ukraine | 231 | 225 | 162 | 110 | -21.9% |
| Others | 330 | 343 | 322 | 231 | -11.2% |
| Total | 5,909 | 6,227 | 6,416 | 6,073 | 0.9% |
Top Export Markets for Sweet Biscuit, Waffle and Wafer from Finland in 2022:
- Estonia (574.7 tons)
- Sweden (282.4 tons)
- Norway (67.0 tons)
- Denmark (52.6 tons)
- Netherlands (49.3 tons)
- Latvia (45.3 tons)
- Belgium (41.0 tons)
- Russia (36.1 tons)
- United Kingdom (29.1 tons)
- Ukraine (20.8 tons)
This report provides an in-depth analysis of the market for sweet biscuit, waffle and wafer in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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.
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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
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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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