Kuwait - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Kuwait - 2021
Contents:
- Waffle and Wafer Price in Kuwait (CIF) - 2021
- Waffle and Wafer Price in Kuwait (FOB) - 2021
- Waffle and Wafer Imports in Kuwait
- Waffle and Wafer Exports in Kuwait
Waffle and Wafer Price in Kuwait (CIF) - 2021
The average waffle and wafer import price stood at $5,705 per ton in December 2021, which is down by -2.4% against the previous month. In general, the import price continues to indicate a perceptible decline. The pace of growth was the most pronounced in September 2021 when the average import price increased by 34% month-to-month. As a result, import price attained the peak level of $8,375 per ton. From October 2021 to December 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Italy ($7,347 per ton), while the price for Turkey ($2,375 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.2%), while the prices for the other major suppliers experienced a decline.
Waffle and Wafer Price in Kuwait (FOB) - 2021
In December 2021, the average waffle and wafer export price amounted to $2,839 per ton, increasing by 6.8% against the previous month. Overall, export price indicated a tangible expansion from January 2021 to December 2021: its price increased at an average monthly rate of +3.0% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, waffle and wafer export price increased by +6.8% against November 2021 indices. The most prominent rate of growth was recorded in July 2021 when the average export price increased by 125% month-to-month. As a result, the export price reached the peak level of $4,386 per ton. From August 2021 to December 2021, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Oman ($3,280 per ton), while the average price for exports to Bahrain ($1,846 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Imports in Kuwait
In 2022, approx. 4.7K tons of waffles and wafers were imported into Kuwait; remaining stable against the previous year's figure. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 0.2% against the previous year.
In value terms, waffle and wafer imports stood at $31M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 2.8% against the previous year. As a result, imports reached the peak of $31M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Waffle and Wafer in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.1 | 3.2 | 4.1 | 8.2 | 57.5% |
| Italy | 1.9 | 2.3 | 2.5 | 2.1 | 3.4% |
| Poland | 4.0 | 3.2 | 4.2 | 1.4 | -29.5% |
| Turkey | 1.0 | 0.9 | 0.7 | 1.0 | 0.0% |
| United Kingdom | 0.3 | 0.8 | 0.2 | 0.9 | 44.2% |
| Greece | 0.8 | 1.3 | 0.8 | 0.9 | 4.0% |
| Netherlands | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Germany | 0.5 | 0.5 | 0.3 | 0.5 | 0.0% |
| United States | 0.9 | 1.6 | 0.6 | 0.4 | -23.7% |
| Indonesia | 0.4 | 0.5 | 0.2 | 0.3 | -9.1% |
| Others | 18.3 | 16.9 | 16.4 | 14.8 | -6.8% |
| Total | 30.6 | 31.5 | 30.5 | 31.0 | 0.4% |
Top Suppliers of Waffle and Wafer to Kuwait in 2022:
- United Arab Emirates (1205.8 tons)
- Italy (313.4 tons)
- Turkey (240.9 tons)
- Poland (222.0 tons)
- United Kingdom (170.4 tons)
- United States (144.0 tons)
- Greece (131.5 tons)
- Netherlands (100.2 tons)
- Indonesia (71.7 tons)
- Germany (60.2 tons)
Waffle and Wafer Exports in Kuwait
Waffle and wafer exports from Kuwait expanded significantly to 555 tons in 2022, picking up by 6.6% on the previous year's figure. The total export volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 35%. As a result, the exports attained the peak of 559 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, waffle and wafer exports expanded slightly to $1.5M in 2022. The total export value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 28%. As a result, the exports reached the peak of $1.5M; afterwards, it flattened through to 2022.
| Export of Waffle and Wafer in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 646 | 633 | 710 | 752 | 5.2% |
| Saudi Arabia | 254 | 695 | 237 | 298 | 5.5% |
| United Arab Emirates | 137 | 39.0 | 163 | 201 | 13.6% |
| Bahrain | 76.8 | 64.8 | 85.2 | 49.8 | -13.4% |
| Oman | 9.0 | 14.1 | 33.4 | 29.0 | 47.7% |
| Iraq | 30.9 | 19.6 | 18.4 | 17.4 | -17.4% |
| Yemen | 13.0 | 14.1 | 14.6 | 12.1 | -2.4% |
| India | 5.7 | 4.9 | 4.1 | 2.7 | -22.0% |
| Others | 33.7 | 55.5 | 171 | 126 | 55.2% |
| Total | 1,205 | 1,540 | 1,436 | 1,488 | 7.3% |
Top Export Markets for Waffle and Wafer from Kuwait in 2022:
- Jordan (208.6 tons)
- Saudi Arabia (146.1 tons)
- United Arab Emirates (116.3 tons)
- Bahrain (15.9 tons)
- Oman (15.5 tons)
- Yemen (13.6 tons)
- India (12.2 tons)
- Iraq (10.7 tons)
This report provides an in-depth analysis of the waffle and wafer market in Kuwait. 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:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- 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
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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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