Australia - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Australia - 2023
Contents:
- Waffle and Wafer Price in Australia (CIF) - 2023
- Waffle and Wafer Price in Australia (FOB) - 2023
- Waffle and Wafer Imports in Australia
- Waffle and Wafer Exports in Australia
Waffle and Wafer Price in Australia (CIF) - 2023
The average waffle and wafer import price stood at $5,837 per ton in July 2023, increasing by 15% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 16% month-to-month. As a result, import price attained the peak level of $6,481 per ton. From February 2023 to July 2023, the average 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 Italy ($10,149 per ton), while the price for the United Arab Emirates ($2,898 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 the United States (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Waffle and Wafer Price in Australia (FOB) - 2023
The average waffle and wafer export price stood at $4,417 per ton in July 2023, declining by -13.4% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 116% month-to-month. The export price peaked at $5,279 per ton in January 2023; however, from February 2023 to July 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 Philippines ($5,970 per ton), while the average price for exports to Saudi Arabia ($2,121 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 Malaysia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Imports in Australia
In 2022, purchases abroad of waffles and wafers was finally on the rise to reach 14K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a slight downturn.
In value terms, waffle and wafer imports surged to $74M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Waffle and Wafer in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 28.3 | 12.4 | 15.3 | 13.0 | -22.8% |
| Belgium | 6.5 | 9.5 | 9.1 | 12.2 | 23.4% |
| Germany | 7.1 | 6.6 | 8.5 | 10.5 | 13.9% |
| Indonesia | 6.5 | 5.5 | 4.7 | 6.3 | -1.0% |
| France | 3.3 | 3.0 | 3.3 | 4.8 | 13.3% |
| Poland | 0.2 | 0.1 | 2.0 | 3.5 | 159.6% |
| Czech Republic | 2.3 | 2.2 | 2.7 | 3.2 | 11.6% |
| Thailand | 1.5 | 1.1 | 2.0 | 2.7 | 21.6% |
| China | 0.7 | 1.6 | 2.0 | 2.5 | 52.9% |
| United Arab Emirates | 0.7 | 0.6 | 1.1 | 2.4 | 50.8% |
| New Zealand | 1.8 | 1.6 | 1.7 | 2.4 | 10.1% |
| United States | 1.6 | 1.5 | 2.2 | 2.3 | 12.9% |
| Malaysia | 2.3 | 1.7 | 1.9 | 2.3 | 0.0% |
| Others | 5.3 | 7.1 | 5.7 | 5.8 | 3.1% |
| Total | 68.1 | 54.4 | 62.2 | 74.0 | 2.8% |
Top Suppliers of Waffle and Wafer to Australia in 2022:
- Belgium (2.8K tons)
- Italy (1.8K tons)
- France (1.6K tons)
- Indonesia (1.3K tons)
- Germany (1.3K tons)
- Malaysia (0.8K tons)
- Czech Republic (0.7K tons)
- United Arab Emirates (0.6K tons)
- Poland (0.6K tons)
- New Zealand (0.6K tons)
- United States (0.5K tons)
- China (0.5K tons)
- Thailand (0.3K tons)
Waffle and Wafer Exports in Australia
In 2022, the amount of waffles and wafers exported from Australia declined slightly to 1.7K tons, shrinking by -2.8% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 94%. As a result, the exports reached the peak of 1.8K tons, and then shrank in the following year.
In value terms, waffle and wafer exports contracted to $6.8M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +73.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 103%. As a result, the exports reached the peak of $7.9M, and then reduced in the following year.
| Export of Waffle and Wafer in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,885 | 1,818 | 2,772 | 3,501 | 22.9% |
| Canada | 1,755 | 764 | 708 | 887 | -20.3% |
| Malaysia | 9.1 | 27.8 | 1,074 | 500 | 280.2% |
| Singapore | 74.6 | 93.9 | 684 | 279 | 55.2% |
| French Polynesia | 149 | 213 | 367 | 238 | 16.9% |
| Trinidad and Tobago | N/A | 131 | 240 | 196 | 22.3% |
| China | 420 | 280 | 982 | 151 | -28.9% |
| Thailand | N/A | N/A | 48.3 | 151 | 212.6% |
| New Caledonia | 176 | 92.3 | 180 | 140 | -7.3% |
| Saudi Arabia | 219 | 61.0 | 360 | 120 | -18.2% |
| United States | 145 | 72.5 | 124 | 118 | -6.6% |
| Others | 775 | 351 | 372 | 509 | -13.1% |
| Total | 5,608 | 3,905 | 7,911 | 6,790 | 6.6% |
Top Export Markets for Waffle and Wafer from Australia in 2022:
- New Zealand (843.0 tons)
- Canada (207.5 tons)
- Malaysia (138.1 tons)
- Singapore (127.2 tons)
- French Polynesia (62.8 tons)
- Trinidad and Tobago (56.5 tons)
- United States (37.8 tons)
- Thailand (35.3 tons)
- New Caledonia (32.8 tons)
- Saudi Arabia (28.9 tons)
- China (24.1 tons)
This report provides an in-depth analysis of the waffle and wafer market in Australia. 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 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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