China - Sweet Biscuits Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSweet Biscuit Price in China - 2023
Contents:
- Sweet Biscuit Price in China (CIF) - 2023
- Sweet Biscuit Price in China (FOB) - 2023
- Sweet Biscuit Imports in China
- Sweet Biscuit Exports in China
Sweet Biscuit Price in China (CIF) - 2023
The average sweet biscuit import price stood at $5,229 per ton in September 2023, with an increase of 5.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 20% m-o-m. Over the period under review, average import prices reached the peak figure at $5,623 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($12,350 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 the UK (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sweet Biscuit Price in China (FOB) - 2023
The average sweet biscuit export price stood at $3,215 per ton in September 2023, falling by -10.6% against the previous month. Overall, the export price recorded a mild decline. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 15% month-to-month. Over the period under review, the average export prices hit record highs at $4,228 per ton in November 2022; however, from December 2022 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 Mexico ($3,803 per ton), while the average price for exports to Togo ($1,367 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 Saudi Arabia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sweet Biscuit Imports in China
Sweet biscuit imports into China contracted slightly to 56K tons in 2022, leveling off at the previous year's figure. Overall, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 1.2% against the previous year.
In value terms, sweet biscuit imports shrank to $281M in 2022. In general, imports saw a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of 11%. As a result, imports attained the peak of $301M, and then shrank in the following year.
| Import of Sweet Biscuit in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 70.7 | 62.8 | 75.8 | 80.0 | 4.2% |
| Denmark | 37.8 | 33.8 | 34.1 | 39.1 | 1.1% |
| Japan | 29.4 | 32.3 | 44.2 | 38.7 | 9.6% |
| Malaysia | 37.6 | 25.7 | 25.8 | 19.3 | -19.9% |
| South Korea | 13.0 | 13.9 | 16.3 | 13.2 | 0.5% |
| Belgium | 6.8 | 7.2 | 10.7 | 12.0 | 20.8% |
| France | 4.7 | 3.9 | 5.8 | 9.5 | 26.4% |
| Italy | 5.5 | 5.5 | 6.4 | 7.4 | 10.4% |
| Germany | 5.4 | 3.8 | 4.6 | 5.8 | 2.4% |
| Russia | 1.5 | 1.4 | 4.5 | 5.3 | 52.3% |
| United Kingdom | 4.3 | 5.1 | 4.8 | 4.5 | 1.5% |
| Turkey | 3.0 | 2.1 | 3.3 | 3.2 | 2.2% |
| Spain | 5.1 | 4.0 | 2.0 | 1.8 | -29.3% |
| Others | 65.7 | 69.3 | 62.4 | 41.7 | -14.1% |
| Total | 291 | 271 | 301 | 281 | -1.2% |
Top Suppliers of Sweet Biscuit to China in 2022:
- Indonesia (18.1K tons)
- Denmark (6.3K tons)
- Malaysia (5.0K tons)
- Belgium (3.9K tons)
- Japan (2.5K tons)
- United Kingdom (2.4K tons)
- Russia (2.4K tons)
- South Korea (2.3K tons)
- Italy (2.1K tons)
- Turkey (1.4K tons)
- France (1.0K tons)
- Germany (1.0K tons)
- Spain (0.8K tons)
Sweet Biscuit Exports in China
In 2022, the amount of sweet biscuits exported from China contracted slightly to 26K tons, which is down by -4.3% against the previous year's figure. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, the exports reached the peak of 27K tons, and then dropped modestly in the following year.
In value terms, sweet biscuit exports rose rapidly to $93M in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Sweet Biscuit in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 10.0 | 11.5 | 11.3 | 15.5 | 15.7% |
| Vietnam | 1.4 | 4.3 | 12.3 | 14.4 | 117.5% |
| United States | 13.3 | 11.3 | 13.7 | 13.3 | 0.0% |
| Hong Kong SAR | 9.4 | 6.6 | 12.0 | 10.5 | 3.8% |
| Malaysia | 4.1 | 3.7 | 4.0 | 6.9 | 18.9% |
| Mexico | 4.6 | 3.4 | 6.8 | 6.1 | 9.9% |
| Saudi Arabia | 4.2 | 3.6 | 3.2 | 4.2 | 0.0% |
| Thailand | 2.8 | 3.1 | 3.6 | 3.6 | 8.7% |
| Australia | 2.0 | 2.1 | 4.0 | 3.3 | 18.2% |
| South Korea | 1.3 | 1.5 | 2.0 | 1.7 | 9.4% |
| Philippines | 4.1 | 3.3 | 2.6 | 1.4 | -30.1% |
| New Zealand | 0.6 | 1.1 | 1.1 | 1.1 | 22.4% |
| Others | 24.5 | 17.1 | 11.1 | 11.4 | -22.5% |
| Total | 82.3 | 72.5 | 87.6 | 93.4 | 4.3% |
Top Export Markets for Sweet Biscuit from China in 2022:
- Japan (5.8K tons)
- United States (3.4K tons)
- Vietnam (3.0K tons)
- Malaysia (2.5K tons)
- Saudi Arabia (1.7K tons)
- Hong Kong SAR (1.6K tons)
- Mexico (1.3K tons)
- Thailand (1.2K tons)
- Australia (0.7K tons)
- South Korea (0.5K tons)
- Philippines (0.4K tons)
- New Zealand (0.4K tons)
This report provides an in-depth analysis of the sweet biscuit market 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 10721255 - Sweet biscuits (including sandwich biscuits, excluding those 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.
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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
-
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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In April 2023, the value of Sweet Biscuit imports decreased to $13M.
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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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