Australia and Oceania: Waffle And Wafer Market 2024

Waffle And Wafer Market Size in Australia and Oceania

After two years of decline, the waffle and wafer market in Australia and Oceania increased by X% to $X in 2022. Overall, consumption recorded prominent growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Waffle And Wafer Production in Australia and Oceania

In value terms, waffle and wafer production stood at $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume decreased by X%. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the near future.

Waffle And Wafer Exports

Exports in Australia and Oceania

In 2022, waffle and wafer exports in Australia and Oceania reduced to X tons, waning by X% compared with the year before. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, waffle and wafer exports contracted notably to $X in 2022. Over the period under review, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Australia was the main exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by New Zealand (X tons), committing a X% share of total exports.

Australia was also the fastest-growing in terms of the waffles and wafers exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) remains the largest waffle and wafer supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia was relatively modest.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Waffle And Wafer Imports

Imports in Australia and Oceania

After two years of decline, overseas purchases of waffles and wafers increased by X% to X tons in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, waffle and wafer imports soared to $X in 2022. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Australia represented the major importer of waffles and wafers in Australia and Oceania, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by New Zealand (X tons) and Papua New Guinea (X tons), together achieving a X% share of total imports. New Caledonia (X tons) and French Polynesia (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to waffle and wafer imports into Australia stood at X%. At the same time, Papua New Guinea (X%), New Caledonia (X%), French Polynesia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported waffles and wafers in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, waffle and wafer imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, flattening at the previous year. Import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waffle and wafer import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was French Polynesia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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