Ghana - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Ghana - 2022
Contents:
- Waffle and Wafer Price in Ghana (CIF) - 2022
- Waffle and Wafer Price in Ghana (FOB) - 2022
- Waffle and Wafer Imports in Ghana
- Waffle and Wafer Exports in Ghana
Waffle and Wafer Price in Ghana (CIF) - 2022
In 2022, the average waffle and wafer import price amounted to $2,518 per ton, rising by 19% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $2,998 per ton in 2018; however, from 2019 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 the United Arab Emirates ($2,809 per ton), while the price for China ($984 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Waffle and Wafer Price in Ghana (FOB) - 2022
In 2022, the average waffle and wafer export price amounted to $2,281 per ton, with a decrease of -9.4% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waffle and wafer export price increased by +26.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 22%. As a result, the export price reached the peak level of $2,518 per ton, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mali ($5,280 per ton), while the average price for exports to Burkina Faso ($825 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 Senegal (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Imports in Ghana
In 2022, the amount of waffles and wafers imported into Ghana fell rapidly to 830 tons, waning by -40.2% compared with the year before. In general, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 107% against the previous year. As a result, imports reached the peak of 1.4K tons, and then fell dramatically in the following year.
In value terms, waffle and wafer imports plummeted to $2.1M in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 106% against the previous year. As a result, imports reached the peak of $2.9M, and then contracted sharply in the following year.
| Import of Waffle and Wafer in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,003 | 873 | 1,828 | 979 | -0.8% |
| Turkey | 17.7 | 140 | 563 | 579 | 219.8% |
| Malaysia | 1,088 | 146 | 122 | 116 | -52.6% |
| India | 22.2 | 37.0 | 80.2 | 62.8 | 41.4% |
| United Arab Emirates | 12.5 | 14.4 | 9.5 | 55.3 | 64.2% |
| China | 70.4 | 37.0 | 37.1 | 32.8 | -22.5% |
| France | 12.1 | 11.9 | 24.9 | 23.1 | 24.1% |
| Others | 447 | 165 | 268 | 241 | -18.6% |
| Total | 2,672 | 1,424 | 2,934 | 2,089 | -7.9% |
Top Suppliers of Waffle and Wafer to Ghana in 2022:
- Thailand (389.3 tons)
- Turkey (225.1 tons)
- Malaysia (50.0 tons)
- China (33.4 tons)
- India (32.4 tons)
- United Arab Emirates (19.7 tons)
- France (17.7 tons)
Waffle and Wafer Exports in Ghana
In 2022, the amount of waffles and wafers exported from Ghana expanded markedly to 322 tons, surging by 12% compared with the previous year. Overall, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +2.2% 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 +56.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, waffle and wafer exports stood at $735K in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +73.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Waffle and Wafer in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mali | 324 | 202 | 293 | 293 | -3.3% |
| Cote d'Ivoire | 25.7 | 21.0 | 206 | 195 | 96.5% |
| Niger | 141 | 167 | 179 | 150 | 2.1% |
| Senegal | 17.9 | 8.2 | 7.8 | 53.2 | 43.8% |
| Burkina Faso | 28.6 | 19.9 | 32.1 | 30.6 | 2.3% |
| Others | 6.3 | 5.5 | 8.6 | 13.2 | 28.0% |
| Total | 544 | 424 | 727 | 735 | 10.6% |
Top Export Markets for Waffle and Wafer from Ghana in 2022:
- Niger (138.5 tons)
- Cote d'Ivoire (67.8 tons)
- Mali (55.5 tons)
- Burkina Faso (37.1 tons)
- Senegal (13.9 tons)
This report provides an in-depth analysis of the waffle and wafer market in Ghana. 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:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- 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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