Thailand - 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 Thailand - 2023
Contents:
- Price for Sweet Biscuit, Waffle and Wafer in Thailand (FOB) - 2023
- Price for Sweet Biscuit, Waffle and Wafer in Thailand (CIF) - 2023
- Exports of Sweet Biscuit, Waffle and Wafer in Thailand
- Imports of Sweet Biscuit, Waffle and Wafer in Thailand
Price for Sweet Biscuit, Waffle and Wafer in Thailand (FOB) - 2023
In September 2023, the average export price for sweet biscuits, waffles and wafers amounted to $3,742 per ton, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 15% against the previous month. Over the period under review, the average export prices hit record highs at $4,223 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,427 per ton), while the average price for exports to Cote d'Ivoire ($1,959 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sweet Biscuit, Waffle and Wafer in Thailand (CIF) - 2023
The average import price for sweet biscuits, waffles and wafers stood at $3,900 per ton in September 2023, picking up by 10% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in July 2023 an increase of 20% against the previous month. As a result, import price reached the peak level of $3,904 per ton; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($10,253 per ton), while the price for China ($3,073 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 the UK (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sweet Biscuit, Waffle and Wafer in Thailand
In 2022, sweet biscuit, waffle and wafer exports from Thailand skyrocketed to 47K tons, jumping by 21% compared with the previous year's figure. The total export volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sweet biscuit, waffle and wafer exports skyrocketed to $189M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sweet Biscuit, Waffle and Wafer in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.7 | 24.8 | 32.6 | 39.9 | 20.7% |
| Indonesia | 19.8 | 16.2 | 21.0 | 27.2 | 11.2% |
| Vietnam | 9.2 | 6.9 | 9.4 | 18.8 | 26.9% |
| Lao People's Democratic Republic | 12.0 | 10.6 | 12.4 | 16.2 | 10.5% |
| Malaysia | 8.7 | 7.7 | 9.0 | 14.4 | 18.3% |
| Taiwan (Chinese) | 5.8 | 8.1 | 9.7 | 12.1 | 27.8% |
| Cambodia | 12.4 | 9.3 | 8.5 | 10.2 | -6.3% |
| Myanmar | 2.0 | 4.4 | 5.8 | 8.2 | 60.1% |
| China | 8.1 | 7.6 | 5.8 | 6.3 | -8.0% |
| Philippines | 2.6 | 1.9 | 1.5 | 5.3 | 26.8% |
| South Korea | 3.3 | 4.5 | 4.0 | 4.7 | 12.5% |
| New Zealand | 2.4 | 1.9 | 1.9 | 2.1 | -4.4% |
| Cote d'Ivoire | 1.1 | 0.7 | 1.5 | 1.9 | 20.0% |
| Others | 16.8 | 15.3 | 19.7 | 22.2 | 9.7% |
| Total | 127 | 120 | 143 | 189 | 14.2% |
Top Export Markets for Sweet Biscuit, Waffle and Wafer from Thailand in 2022:
- United States (7.4K tons)
- Indonesia (6.1K tons)
- Lao People's Democratic Republic (5.4K tons)
- Malaysia (4.8K tons)
- Cambodia (4.6K tons)
- Vietnam (4.2K tons)
- Taiwan (Chinese) (2.5K tons)
- Myanmar (2.4K tons)
- Philippines (1.5K tons)
- China (1.5K tons)
- South Korea (1.3K tons)
- Cote d'Ivoire (0.8K tons)
- New Zealand (0.7K tons)
Imports of Sweet Biscuit, Waffle and Wafer in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas purchases of sweet biscuits, waffles and wafers, which increased by 9% to 51K tons in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 34% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, sweet biscuit, waffle and wafer imports skyrocketed to $170M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sweet Biscuit, Waffle and Wafer in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 47.5 | 51.3 | 60.9 | 85.0 | 21.4% |
| Malaysia | 19.4 | 21.1 | 24.6 | 27.6 | 12.5% |
| China | 7.9 | 12.8 | 19.6 | 20.6 | 37.6% |
| United Arab Emirates | 0.2 | 2.1 | 2.4 | 3.3 | 154.6% |
| Others | 20.6 | 22.8 | 28.3 | 33.9 | 18.1% |
| Total | 95.6 | 110 | 136 | 170 | 21.2% |
Top Suppliers of Sweet Biscuit, Waffle and Wafer to Thailand in 2022:
- Indonesia (32.6K tons)
- Malaysia (6.5K tons)
- China (6.5K tons)
- United Arab Emirates (1.0K tons)
This report provides an in-depth analysis of the market for sweet biscuit, waffle and wafer in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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