Saudi Arabia - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Saudi Arabia - 2021
Contents:
- Waffle and Wafer Price in Saudi Arabia (CIF) - 2022
- Waffle and Wafer Price in Saudi Arabia (FOB) - 2022
- Waffle and Wafer Imports in Saudi Arabia
- Waffle and Wafer Exports in Saudi Arabia
Waffle and Wafer Price in Saudi Arabia (CIF) - 2022
In 2021, the average waffle and wafer import price amounted to $5,936 per ton, increasing by 2.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2013 when the average import price increased by 8.1%. The import price peaked in 2021 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($8,360 per ton), while the price for Egypt ($1,727 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Waffle and Wafer Price in Saudi Arabia (FOB) - 2022
The average waffle and wafer export price stood at $2,473 per ton in 2022, picking up by 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2013 an increase of 29%. Over the period under review, the average export prices hit record highs at $3,050 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,884 per ton), while the average price for exports to South Africa ($1,682 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 Bahrain (+6.6%), while the prices for the other major destinations experienced a decline.
Waffle and Wafer Imports in Saudi Arabia
In 2021, waffle and wafer imports into Saudi Arabia reached 31K tons, with an increase of 2.7% on the year before. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, waffle and wafer imports rose rapidly to $184M in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Waffle and Wafer in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Italy | 65.5 | 63.1 | 71.9 | 4.8% | |
| United Arab Emirates | 48.6 | 45.6 | 50.1 | 1.5% | |
| Poland | 13.2 | 18.7 | 13.5 | 1.1% | |
| Austria | 9.7 | 10.2 | 12.9 | 15.3% | |
| United Kingdom | 1.8 | 3.7 | 6.4 | 88.6% | |
| Croatia | 4.3 | 3.6 | 4.8 | 5.7% | |
| Greece | 4.0 | 4.3 | 4.4 | 4.9% | |
| Bosnia and Herzegovina | 2.0 | 1.6 | N/A | -20.0% | |
| Turkey | 15.1 | 14.3 | N/A | -5.3% | |
| Others | 8.9 | 9.9 | 19.9 | 49.5% | |
| Total | 173 | 175 | 184 | 3.1% | |
Top Suppliers of Waffle and Wafer to Saudi Arabia in 2022:
- United Arab Emirates (10.0K tons)
- Italy (9.4K tons)
- Poland (2.3K tons)
- Croatia (1.7K tons)
- Austria (1.5K tons)
- United Kingdom (1.4K tons)
- Greece (0.7K tons)
Waffle and Wafer Exports in Saudi Arabia
In 2022, the amount of waffles and wafers exported from Saudi Arabia contracted to 2.9K tons, declining by -12.2% against 2021 figures. The total export volume increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of 3.3K tons, and then dropped in the following year.
In value terms, waffle and wafer exports reduced to $7.1M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $7.7M, and then declined in the following year.
| Export of Waffle and Wafer in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | N/A | 3.2 | 238 | 4,285 | 3559.3% |
| United Arab Emirates | 16.0 | 243 | 1,523 | 2,255 | 420.4% |
| Jordan | 81.7 | 32.3 | N/A | 378 | 66.6% |
| South Africa | N/A | N/A | 50.4 | 81.1 | 60.9% |
| Egypt | N/A | N/A | 132 | 53.0 | -59.8% |
| Others | 5,799 | 6,164 | 5,747 | 14.6 | -86.4% |
| Total | 5,897 | 6,443 | 7,690 | 7,066 | 6.2% |
Top Export Markets for Waffle and Wafer from Saudi Arabia in 2022:
- Bahrain (1840.7 tons)
- United Arab Emirates (781.9 tons)
- Jordan (154.8 tons)
- South Africa (48.2 tons)
- Egypt (21.7 tons)
This report provides an in-depth analysis of the waffle and wafer market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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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