Sri Lanka - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Sri Lanka - 2021
Contents:
- Waffle and Wafer Price in Sri Lanka (FOB) - 2022
- Waffle and Wafer Price in Sri Lanka (CIF) - 2022
- Waffle and Wafer Exports in Sri Lanka
- Waffle and Wafer Imports in Sri Lanka
Waffle and Wafer Price in Sri Lanka (FOB) - 2022
The average waffle and wafer export price stood at $8,608 per ton in 2022, rising by 147% against the previous year. In general, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($12,766 per ton), while the average price for exports to Canada ($3,908 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 Ghana (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Price in Sri Lanka (CIF) - 2022
In 2022, the average waffle and wafer import price amounted to $2,011 per ton, shrinking by -49.6% against the previous year. In general, the import price saw a drastic downturn. The growth pace was the most rapid in 2020 an increase of 60% against the previous year. As a result, import price reached the peak level of $7,359 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($8,474 per ton), while the price for Turkey ($853 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Waffle and Wafer Exports in Sri Lanka
In 2022, approx. 12 tons of waffles and wafers were exported from Sri Lanka; waning by -80.4% on 2021. Overall, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 59 tons, and then contracted significantly in the following year.
In value terms, waffle and wafer exports reduced sharply to $99K in 2022. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 128% against the previous year. As a result, the exports attained the peak of $205K, and then fell dramatically in the following year.
| Export of Waffle and Wafer in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 68.9 | 0% |
| Canada | 0.8 | 0.5 | 2.3 | 10.0 | 132.1% |
| Maldives | 25.0 | N/A | 52.7 | 7.5 | -33.1% |
| United States | 2.4 | 6.6 | 10.6 | 6.5 | 39.4% |
| Kuwait | 0.6 | N/A | N/A | 3.3 | 76.5% |
| France | N/A | 1.2 | 2.3 | 2.8 | 52.8% |
| Benin | N/A | 1.5 | N/A | N/A | 0% |
| Nigeria | 20.1 | N/A | N/A | N/A | 0% |
| United Kingdom | 9.3 | 3.7 | 21.2 | N/A | 51.0% |
| India | 40.5 | N/A | N/A | N/A | 0% |
| Oman | 15.8 | 46.0 | 6.3 | N/A | -36.9% |
| Samoa | N/A | N/A | 80.9 | N/A | 0% |
| Mauritius | N/A | 10.6 | N/A | N/A | 0% |
| Others | 18.4 | 19.7 | 28.9 | 0.2 | -77.8% |
| Total | 133 | 89.9 | 205 | 99.2 | -9.3% |
Top Export Markets for Waffle and Wafer from Sri Lanka in 2022:
- United Arab Emirates (5.4 tons)
- Canada (2.6 tons)
- Maldives (1.3 tons)
- United States (1.1 tons)
- France (0.5 tons)
- Kuwait (0.5 tons)
Waffle and Wafer Imports in Sri Lanka
In 2022, purchases abroad of waffles and wafers decreased by -41.3% to 50 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 168% against the previous year.
In value terms, waffle and wafer imports fell markedly to $101K in 2022. Overall, imports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 329%. As a result, imports attained the peak of $494K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Waffle and Wafer in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.9 | 0.1 | 1.6 | 48.9 | 278.8% |
| Turkey | N/A | N/A | 27.2 | 34.5 | 26.8% |
| United Arab Emirates | 91.7 | 271 | 294 | 13.3 | -47.5% |
| Malaysia | N/A | 166 | N/A | 2.3 | -88.2% |
| Maldives | N/A | N/A | 1.3 | N/A | 0% |
| Others | 22.5 | 57.0 | 17.5 | 2.3 | -53.2% |
| Total | 115 | 494 | 342 | 101 | -4.2% |
Top Suppliers of Waffle and Wafer to Sri Lanka in 2022:
- Turkey (40.4 tons)
- Italy (6.1 tons)
- United Arab Emirates (2.8 tons)
- Malaysia (0.3 tons)
This report provides an in-depth analysis of the waffle and wafer market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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.
-
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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