Venezuela - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Venezuela - 2022
Contents:
- Waffle and Wafer Price in Venezuela (CIF) - 2022
- Waffle and Wafer Price in Venezuela (FOB) - 2022
- Waffle and Wafer Imports in Venezuela
- Waffle and Wafer Exports in Venezuela
Waffle and Wafer Price in Venezuela (CIF) - 2022
The average waffle and wafer import price stood at $2,187 per ton in 2022, increasing by 25% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $4,029 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($2,461 per ton), while the price for Brazil ($2,164 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-1.4%), while the prices for the other major suppliers experienced a decline.
Waffle and Wafer Price in Venezuela (FOB) - 2022
In 2022, the average waffle and wafer export price amounted to $4,838 per ton, rising by 16% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 60%. The export price peaked at $4,956 per ton in 2016; however, from 2017 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 Spain ($9,737 per ton), while the average price for exports to Ecuador ($3,983 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 Ecuador (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Imports in Venezuela
In 2022, purchases abroad of waffles and wafers decreased by -46.1% to 5.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 642% against the previous year.
In value terms, waffle and wafer imports shrank remarkably to $11M in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 577%.
Import of Waffle and Wafer in Venezuela (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 0.4 | 4.0 | 10.8 | 6.6 | 154.6% |
Brazil | 0.6 | 3.3 | 5.5 | 4.2 | 91.3% |
Colombia | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
Lebanon | N/A | 0.6 | 0.2 | N/A | -66.7% |
Others | 0.1 | 0.3 | 0.3 | 0.1 | 0.0% |
Total | 1.2 | 8.4 | 17.0 | 11.4 | 111.8% |
Top Suppliers of Waffle and Wafer to Venezuela in 2022:
- Turkey (3.0K tons)
- Brazil (2.0K tons)
- Colombia (0.2K tons)
Waffle and Wafer Exports in Venezuela
In 2022, exports of waffles and wafers from Venezuela skyrocketed to 709 tons, jumping by 23% on the year before. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 102%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, waffle and wafer exports soared to $3.4M in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 95%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Export of Waffle and Wafer in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 544 | 1,110 | 1,818 | 2,876 | 74.2% |
Chile | 1.8 | 126 | 352 | 373 | 491.8% |
Ecuador | N/A | N/A | 201 | 80.4 | -60.0% |
Colombia | 76.9 | N/A | N/A | N/A | 0% |
Others | 61.9 | 97.6 | 48.2 | 102 | 18.1% |
Total | 685 | 1,335 | 2,419 | 3,431 | 71.1% |
Top Export Markets for Waffle and Wafer from Venezuela in 2022:
- United States (620.3 tons)
- Chile (50.5 tons)
- Ecuador (20.2 tons)
This report provides an in-depth analysis of the waffle and wafer market in Venezuela. 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:
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Venezuela
- 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
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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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