Russian Federation - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Russia - 2022
Contents:
- Waffle and Wafer Price in Russia (FOB) - 2022
- Waffle and Wafer Price in Russia (CIF) - 2022
- Waffle and Wafer Exports in Russia
- Waffle and Wafer Imports in Russia
Waffle and Wafer Price in Russia (FOB) - 2022
The average waffle and wafer export price stood at $1,972 per ton in January 2022, which is down by -7.5% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2021 an increase of 14% against the previous month. Over the period under review, the average export prices hit record highs at $2,174 per ton in November 2021; however, from December 2021 to January 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($2,387 per ton), while the average price for exports to Tajikistan ($1,503 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 Georgia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Price in Russia (CIF) - 2022
In January 2022, the average waffle and wafer import price amounted to $4,021 per ton, growing by 7.5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in June 2021 an increase of 17% m-o-m. The import price peaked at $4,433 per ton in October 2021; however, from November 2021 to January 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,289 per ton), while the price for Kazakhstan ($1,634 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 Bulgaria (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Waffle and Wafer Exports in Russia
In 2022, overseas shipments of waffles and wafers decreased by -1.3% to 67K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year.
In value terms, waffle and wafer exports fell to $127M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. As a result, the exports attained the peak of $135M, and then dropped in the following year.
| Export of Waffle and Wafer in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 27.9 | 24.8 | 27.8 | 30.2 | 2.7% |
| Belarus | 17.3 | 22.1 | 24.2 | 14.7 | -5.3% |
| China | 14.3 | 17.0 | 16.6 | 14.2 | -0.2% |
| Mongolia | 7.2 | 7.6 | 8.9 | 11.2 | 15.9% |
| Uzbekistan | 5.1 | 7.5 | 8.7 | 10.1 | 25.6% |
| Azerbaijan | 5.2 | 5.2 | 6.1 | 8.8 | 19.2% |
| Kyrgyzstan | 6.9 | 7.6 | 9.6 | 8.6 | 7.6% |
| Tajikistan | 4.5 | 4.4 | 5.6 | 6.9 | 15.3% |
| Armenia | 3.6 | 4.4 | 5.6 | 5.4 | 14.5% |
| Georgia | 4.6 | 3.8 | 4.4 | 5.1 | 3.5% |
| Ukraine | 2.0 | 2.0 | 2.5 | 2.0 | 0.0% |
| Others | 7.8 | 11.6 | 15.6 | 9.4 | 6.4% |
| Total | 106 | 118 | 135 | 127 | 6.2% |
Top Export Markets for Waffle and Wafer from Russia in 2022:
- Kazakhstan (17.2K tons)
- Belarus (9.6K tons)
- China (6.2K tons)
- Uzbekistan (5.4K tons)
- Mongolia (5.0K tons)
- Tajikistan (4.8K tons)
- Kyrgyzstan (4.7K tons)
- Azerbaijan (4.4K tons)
- Armenia (2.8K tons)
- Georgia (2.4K tons)
- Ukraine (0.9K tons)
Waffle and Wafer Imports in Russia
In 2022, after three years of growth, there was significant decline in purchases abroad of waffles and wafers, when their volume decreased by -14.9% to 11K tons. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 13K tons, and then dropped in the following year.
In value terms, waffle and wafer imports declined notably to $44M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. As a result, imports reached the peak of $53M, and then contracted markedly in the following year.
| Import of Waffle and Wafer in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 14.5 | 15.7 | 18.1 | 13.7 | -1.9% |
| Germany | 7.1 | 6.1 | 7.1 | 10.5 | 13.9% |
| Kazakhstan | 2.5 | 4.1 | 5.5 | 4.9 | 25.1% |
| Turkey | 0.9 | 0.4 | 3.6 | 3.9 | 63.0% |
| Belarus | 2.2 | 2.1 | 2.6 | 1.9 | -4.8% |
| Bulgaria | 1.4 | 1.0 | 9.5 | 1.5 | 2.3% |
| Belgium | 0.5 | 0.5 | 0.7 | 1.3 | 37.5% |
| Austria | 0.7 | 0.6 | 0.7 | 1.2 | 19.7% |
| Czech Republic | 0.9 | 1.1 | 1.3 | 0.1 | -51.9% |
| Others | 3.8 | 2.5 | 4.0 | 4.5 | 5.8% |
| Total | 34.6 | 34.0 | 53.2 | 43.6 | 8.0% |
Top Suppliers of Waffle and Wafer to Russia in 2022:
- Czech Republic (undefinedK tons)
- Kazakhstan (3.1K tons)
- Poland (3.0K tons)
- Germany (1.3K tons)
- Belarus (1.2K tons)
- Turkey (1.0K tons)
- Belgium (0.3K tons)
- Bulgaria (0.3K tons)
- Austria (0.2K tons)
This report provides an in-depth analysis of the waffle and wafer market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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