United Kingdom - Sweet Biscuits, Waffles And Wafers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

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

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Price for Sweet Biscuit, Waffle and Wafer in the UK - 2023

Contents:

  1. Price for Sweet Biscuit, Waffle and Wafer in the UK (CIF) - 2022
  2. Price for Sweet Biscuit, Waffle and Wafer in the UK (FOB) - 2022
  3. Imports of Sweet Biscuit, Waffle and Wafer in the UK
  4. Exports of Sweet Biscuit, Waffle and Wafer in the UK

Price for Sweet Biscuit, Waffle and Wafer in the UK (CIF) - 2022

In 2022, the average import price for sweet biscuits, waffles and wafers amounted to $3,887 per ton, picking up by 1.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 15%. The import price peaked at $4,145 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,210 per ton), while the price for the Netherlands ($2,764 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sweet Biscuit, Waffle and Wafer in the UK (FOB) - 2022

In 2022, the average export price for sweet biscuits, waffles and wafers amounted to $3,870 per ton, rising by 4% against the previous year. Overall, the export price, however, showed a mild contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 9.2%. Over the period under review, the average export prices attained the maximum at $4,495 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,044 per ton), while the average price for exports to China ($1,809 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sweet Biscuit, Waffle and Wafer in the UK

In 2022, approx. 247K tons of sweet biscuits, waffles and wafers were imported into the UK; increasing by 32% against the previous year. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded 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 soared to $959M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +40.6% 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 the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland10812413823729.9%
Germany10511012617819.2%
Netherlands1491401031571.8%
Belgium65.985.612493.212.2%
Italy37.445.553.370.723.6%
Czech Republic48.234.235.056.75.6%
Spain32.126.621.438.05.8%
France35.026.813.728.3-6.8%
Others10294.798.2100-0.7%
Total68268871395912.0%

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

  1. Netherlands (56.7K tons)
  2. Poland (47.5K tons)
  3. Germany (42.7K tons)
  4. Belgium (28.1K tons)
  5. Czech Republic (15.9K tons)
  6. Italy (13.6K tons)
  7. Spain (11.6K tons)
  8. France (6.8K tons)

Exports of Sweet Biscuit, Waffle and Wafer in the UK

In 2022, after two years of decline, there was growth in overseas shipments of sweet biscuits, waffles and wafers, when their volume increased by 2.1% to 121K tons. In general, exports, however, recorded a perceptible contraction.

In value terms, sweet biscuit, waffle and wafer exports rose sharply to $468M in 2022. Over the period under review, exports, however, continue to indicate a pronounced decline.

Export of Sweet Biscuit, Waffle and Wafer in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland15314510396.4-14.3%
United States41.534.536.653.58.8%
France31.531.433.034.63.2%
Netherlands16.719.725.328.219.1%
Canada21.818.021.223.52.5%
Australia22.720.019.922.0-1.0%
Saudi Arabia16.314.017.215.4-1.9%
United Arab Emirates21.820.519.913.2-15.4%
Hong Kong SAR11.210.910.311.81.8%
Italy10.910.410.28.2-9.1%
Qatar4.55.36.18.121.6%
Sweden7.69.28.38.12.1%
China4.04.63.24.32.4%
Others143132126140-0.7%
Total506476441468-2.6%

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

  1. Ireland (27.4K tons)
  2. France (8.6K tons)
  3. Netherlands (8.6K tons)
  4. United States (7.6K tons)
  5. Australia (7.3K tons)
  6. Saudi Arabia (5.6K tons)
  7. Canada (4.3K tons)
  8. United Arab Emirates (3.8K tons)
  9. Sweden (3.3K tons)
  10. Italy (3.1K tons)
  11. China (2.4K tons)
  12. Hong Kong SAR (2.4K tons)
  13. Qatar (2.2K tons)

Source: IndexBox Market Intelligence Platform

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

  • United Kingdom

Data coverage:

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