Thailand - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Thailand - 2023
Contents:
- Waffle and Wafer Price in Thailand (CIF) - 2023
- Waffle and Wafer Price in Thailand (FOB) - 2023
- Waffle and Wafer Imports in Thailand
- Waffle and Wafer Exports in Thailand
Waffle and Wafer Price in Thailand (CIF) - 2023
The average waffle and wafer import price stood at $5,307 per ton in July 2023, surging by 48% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($12,834 per ton), while the price for China ($1,797 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Waffle and Wafer Price in Thailand (FOB) - 2023
In July 2023, the average waffle and wafer export price amounted to $3,600 per ton, increasing by 5.9% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.6%. 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 export markets. In July 2023, the country with the highest price was Australia ($7,518 per ton), while the average price for exports to Togo ($2,282 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Imports in Thailand
For the fourth consecutive year, Thailand recorded growth in supplies from abroad of waffles and wafers, which increased by 17% to 23K tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.9% 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 +85.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, waffle and wafer imports soared to $86M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.7% 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 +75.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Waffle and Wafer in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 25.6 | 24.9 | 29.7 | 40.3 | 16.3% |
| Malaysia | 10.0 | 9.7 | 11.0 | 13.3 | 10.0% |
| China | 1.9 | 6.2 | 10.5 | 11.2 | 80.6% |
| Italy | 2.7 | 2.6 | 4.3 | 4.9 | 22.0% |
| Austria | 2.9 | 3.1 | 3.5 | 3.5 | 6.5% |
| United Arab Emirates | 0.2 | 2.1 | 2.4 | 3.1 | 149.3% |
| Others | 6.0 | 6.1 | 8.7 | 10.2 | 19.3% |
| Total | 49.2 | 54.7 | 70.2 | 86.4 | 20.6% |
Top Suppliers of Waffle and Wafer to Thailand in 2022:
- Indonesia (14.2K tons)
- China (3.3K tons)
- Malaysia (2.4K tons)
- United Arab Emirates (1.0K tons)
- Austria (0.6K tons)
- Italy (0.5K tons)
Waffle and Wafer Exports in Thailand
In 2022, waffle and wafer exports from Thailand reached 9K tons, leveling off at 2021. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, waffle and wafer exports rose notably to $27M in 2022. In general, exports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 11%.
| Export of Waffle and Wafer in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 6.7 | 5.8 | 6.9 | 8.2 | 7.0% |
| Myanmar | 0.9 | 3.1 | 4.2 | 4.6 | 72.3% |
| Vietnam | 4.7 | 2.5 | 2.9 | 2.6 | -17.9% |
| Cambodia | 4.6 | 2.4 | 1.9 | 2.0 | -24.2% |
| Cote d'Ivoire | 1.1 | 0.7 | 1.5 | 1.6 | 13.3% |
| Malaysia | 0.5 | 0.4 | 0.5 | 1.3 | 37.5% |
| Australia | 1.6 | 1.1 | 1.1 | 1.2 | -9.1% |
| Ghana | 1.9 | 0.9 | 1.9 | 1.1 | -16.7% |
| Togo | 0.6 | 0.6 | 0.9 | 1.0 | 18.6% |
| China | 3.6 | 2.1 | 0.5 | 0.1 | -69.7% |
| Others | 3.7 | 3.4 | 3.2 | 3.6 | -0.9% |
| Total | 30.0 | 23.1 | 25.6 | 27.3 | -3.1% |
Top Export Markets for Waffle and Wafer from Thailand in 2022:
- Lao People's Democratic Republic (2902.8 tons)
- Myanmar (1414.4 tons)
- Vietnam (818.3 tons)
- Cambodia (745.8 tons)
- Cote d'Ivoire (657.2 tons)
- Malaysia (611.7 tons)
- Ghana (454.7 tons)
- Togo (434.9 tons)
- Australia (171.1 tons)
- China (27.7 tons)
This report provides an in-depth analysis of the waffle and wafer market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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