Slovakia - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovakia - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights

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Waffle and Wafer Price in Slovakia - 2023

Contents:

  1. Waffle and Wafer Price in Slovakia (FOB) - 2023
  2. Waffle and Wafer Price in Slovakia (CIF) - 2023
  3. Waffle and Wafer Exports in Slovakia
  4. Waffle and Wafer Imports in Slovakia

Waffle and Wafer Price in Slovakia (FOB) - 2023

The average waffle and wafer export price stood at $4,980 per ton in June 2023, increasing by 11% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +3.1%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 28% against the previous month. Over the period under review, the average export prices attained the maximum in June 2023.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Italy ($7,606 per ton), while the average price for exports to Hungary ($2,869 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

Waffle and Wafer Price in Slovakia (CIF) - 2023

The average waffle and wafer import price stood at $5,094 per ton in June 2023, surging by 1.8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +3.2%. The growth pace was the most rapid in April 2023 when the average import price increased by 14% month-to-month. As a result, import price attained the peak level of $5,140 per ton; afterwards, it flattened through to June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,312 per ton), while the price for Serbia ($2,224 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Waffle and Wafer Exports in Slovakia

Waffle and wafer exports from Slovakia reached 17K tons in 2022, growing by 2% compared with 2021 figures. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 8.6% against the previous year.

In value terms, waffle and wafer exports expanded notably to $64M in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Waffle and Wafer in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic39.535.638.843.53.3%
Poland10.89.211.612.24.1%
Hungary2.82.42.93.24.6%
United Kingdom1.21.21.21.32.7%
Others2.42.54.03.311.2%
Total56.650.958.563.64.0%

Top Export Markets for Waffle and Wafer from Slovakia in 2022:

  1. Czech Republic (10.1K tons)
  2. Poland (4.8K tons)
  3. Hungary (1.6K tons)
  4. United Kingdom (0.3K tons)

Waffle and Wafer Imports in Slovakia

In 2022, approx. 7.2K tons of waffles and wafers were imported into Slovakia; reducing by -20.1% compared with 2021. In general, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 1.8%. As a result, imports reached the peak of 9K tons, and then plummeted in the following year.

In value terms, waffle and wafer imports fell to $29M in 2022. Overall, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 6.7%. As a result, imports reached the peak of $34M, and then fell in the following year.

Import of Waffle and Wafer in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic9.410.612.712.29.1%
Poland10.210.710.26.5-13.9%
Germany1.93.13.52.915.1%
Austria2.52.72.61.8-10.4%
Portugal0.70.30.30.84.6%
Hungary1.70.91.00.5-33.5%
Turkey0.20.20.30.426.0%
Romania2.21.31.0N/A-32.6%
Others1.51.92.24.240.9%
Total30.331.733.829.3-1.1%

Top Suppliers of Waffle and Wafer to Slovakia in 2022:

  1. Czech Republic (3152.3 tons)
  2. Poland (1624.1 tons)
  3. Germany (584.7 tons)
  4. Austria (476.2 tons)
  5. Portugal (174.1 tons)
  6. Hungary (152.9 tons)
  7. Turkey (105.4 tons)
  8. Romania (5.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the waffle and wafer market in Slovakia. 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:

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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