Japan - Sweet Biscuits, Waffles And Wafers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Sweet Biscuits, Waffles And Wafers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Sweet Biscuit, Waffle and Wafer in Japan - 2023

Contents:

  1. Price for Sweet Biscuit, Waffle and Wafer in Japan (FOB) - 2023
  2. Price for Sweet Biscuit, Waffle and Wafer in Japan (CIF) - 2023
  3. Exports of Sweet Biscuit, Waffle and Wafer in Japan
  4. Imports of Sweet Biscuit, Waffle and Wafer in Japan

Price for Sweet Biscuit, Waffle and Wafer in Japan (FOB) - 2023

The average export price for sweet biscuits, waffles and wafers stood at $11,802 per ton in July 2023, remaining stable against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 48% month-to-month. As a result, the export price reached the peak level of $18,637 per ton. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the Netherlands ($20,436 per ton), while the average price for exports to Vietnam ($7,118 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sweet Biscuit, Waffle and Wafer in Japan (CIF) - 2023

In July 2023, the average import price for sweet biscuits, waffles and wafers amounted to $4,391 per ton, stabilizing at the previous month. Overall, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 25% month-to-month. The import price peaked at $6,303 per ton in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Greece ($5,164 per ton), while the price for China ($2,275 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 Malaysia (+0.7%), while the prices for the other major suppliers experienced a decline.

Exports of Sweet Biscuit, Waffle and Wafer in Japan

In 2022, overseas shipments of sweet biscuits, waffles and wafers decreased by -9.1% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, the exports attained the peak of 1.7K tons, and then dropped in the following year.

In value terms, sweet biscuit, waffle and wafer exports contracted to $21M in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports reached the peak of $23M, and then reduced in the following year.

Export of Sweet Biscuit, Waffle and Wafer in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1.51.84.95.352.3%
China6.26.66.24.4-10.8%
Hong Kong SAR5.25.65.34.0-8.4%
United States0.80.71.82.035.7%
Vietnam0.50.70.90.921.6%
Singapore0.50.30.70.711.9%
South Korea0.50.30.60.50.0%
Others1.91.82.82.915.1%
Total17.117.823.120.76.6%

Top Export Markets for Sweet Biscuit, Waffle and Wafer from Japan in 2022:

  1. China (437.1 tons)
  2. Hong Kong SAR (358.2 tons)
  3. Taiwan (Chinese) (221.7 tons)
  4. United States (158.5 tons)
  5. Vietnam (92.1 tons)
  6. South Korea (56.4 tons)
  7. Singapore (39.6 tons)

Imports of Sweet Biscuit, Waffle and Wafer in Japan

In 2022, after three years of growth, there was decline in supplies from abroad of sweet biscuits, waffles and wafers, when their volume decreased by -2.1% to 3.9K tons. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year.

In value terms, sweet biscuit, waffle and wafer imports amounted to $21M in 2022. The total import value increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 23%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Import of Sweet Biscuit, Waffle and Wafer in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.67.19.911.446.8%
Italy3.13.24.03.43.1%
Malaysia1.51.00.91.2-7.2%
Austria2.01.51.80.8-26.3%
South Korea0.20.20.50.644.2%
Netherlands1.11.00.70.4-28.6%
Brazil0.30.20.30.30.0%
Greece0.20.50.60.314.5%
ChinaN/A0.10.10.373.2%
Taiwan (Chinese)0.50.60.4N/A-10.6%
Turkey0.50.2N/AN/A-60.0%
Others1.31.01.51.811.5%
Total14.316.820.620.612.9%

Top Suppliers of Sweet Biscuit, Waffle and Wafer to Japan in 2022:

  1. Belgium (2475.6 tons)
  2. Italy (323.0 tons)
  3. Malaysia (321.0 tons)
  4. South Korea (122.8 tons)
  5. Austria (115.6 tons)
  6. China (100.0 tons)
  7. Brazil (97.7 tons)
  8. Netherlands (71.1 tons)
  9. Greece (64.0 tons)
  10. Taiwan (Chinese) (9.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for sweet biscuit, waffle and wafer in Japan. 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:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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