Ecuador - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Ecuador - 2022
Contents:
- Waffle and Wafer Price in Ecuador (CIF) - 2022
- Waffle and Wafer Price in Ecuador (FOB) - 2022
- Waffle and Wafer Imports in Ecuador
- Waffle and Wafer Exports in Ecuador
Waffle and Wafer Price in Ecuador (CIF) - 2022
The average waffle and wafer import price stood at $3,478 per ton in January 2022, growing by 27% against the previous month. In general, the import price, however, recorded a slight curtailment. The pace of growth was the most pronounced in August 2021 when the average import price increased by 30% against the previous month. Over the period under review, average import prices reached the maximum at $4,019 per ton in January 2021; however, from February 2021 to January 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Poland ($7,123 per ton), while the price for Turkey ($1,898 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Colombia (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Waffle and Wafer Price in Ecuador (FOB) - 2022
In January 2022, the average waffle and wafer export price amounted to $5,145 per ton, approximately reflecting the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2021 when the average export price increased by 36% against the previous month. As a result, the export price attained the peak level of $6,491 per ton. From August 2021 to January 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In January 2022, the country with the highest price was Colombia ($9,472 per ton), while the average price for exports to the United States ($4,274 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Imports in Ecuador
In 2022, waffle and wafer imports into Ecuador dropped to 2.4K tons, falling by -6.8% on 2021. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 16%.
In value terms, waffle and wafer imports reduced to $7.1M in 2022. In general, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 21%.
| Import of Waffle and Wafer in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 2.6 | 1.8 | 2.3 | 2.1 | -6.9% |
| Peru | 1.7 | 1.4 | 1.4 | 1.4 | -6.3% |
| United States | 1.0 | 0.9 | 1.3 | 1.2 | 6.3% |
| Poland | 0.9 | 0.7 | 0.7 | 0.7 | -8.0% |
| Brazil | 0.7 | 0.3 | 0.6 | 0.6 | -5.0% |
| Turkey | 1.0 | 0.5 | 0.6 | 0.6 | -15.7% |
| Bolivia | 0.3 | 0.3 | N/A | N/A | 0.0% |
| Others | 0.4 | 0.5 | 0.8 | 0.5 | 7.7% |
| Total | 8.5 | 6.4 | 7.8 | 7.1 | -5.8% |
Top Suppliers of Waffle and Wafer to Ecuador in 2022:
- Colombia (785.8 tons)
- Peru (458.2 tons)
- United States (440.4 tons)
- Turkey (330.8 tons)
- Brazil (183.0 tons)
- Poland (96.8 tons)
Waffle and Wafer Exports in Ecuador
In 2022, shipments abroad of waffles and wafers decreased by less than 0.1% to 386 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 174% against the previous year.
In value terms, waffle and wafer exports contracted slightly to $1.9M in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 138% against the previous year.
| Export of Waffle and Wafer in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 235 | 1,035 | 920 | 898 | 56.3% |
| Spain | 124 | 327 | 544 | 531 | 62.4% |
| Colombia | 397 | 480 | 501 | 489 | 7.2% |
| Others | 30.5 | 27.6 | 2.3 | N/A | -72.5% |
| Total | 786 | 1,869 | 1,967 | 1,918 | 34.6% |
Top Export Markets for Waffle and Wafer from Ecuador in 2022:
- United States (223.4 tons)
- Spain (107.0 tons)
- Colombia (55.8 tons)
This report provides an in-depth analysis of the waffle and wafer market in Ecuador. 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:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- 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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