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Store → Food Products → Bakery → Waffles and Wafers
Report Czech Republic - Waffles and Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 1, 2023

Czech Republic - Waffles and Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends and Insights

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Czech Republic: Waffle And Wafer Market 2023

Waffle And Wafer Market Size in the Czech Republic

In 2021, after three years of growth, there was significant decline in the Czech waffle and wafer market, when its value decreased by -59.8% to $X. In general, consumption showed a perceptible curtailment. Waffle and wafer consumption peaked at $X in 2020, and then plummeted in the following year.

Waffle And Wafer Production in the Czech Republic

In value terms, waffle and wafer production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 119%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Waffle And Wafer Exports

Exports from the Czech Republic

In 2021, approx. X tons of waffles and wafers were exported from the Czech Republic; surging by 6.1% compared with the year before. The total export volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 48%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, waffle and wafer exports soared to $X in 2021. Overall, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +50.9% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 57%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Slovakia (X tons), France (X tons) and Belgium (X tons) were the main destinations of waffle and wafer exports from the Czech Republic, together accounting for 50% of total exports. These countries were followed by Germany, Poland, Australia, Bulgaria, Romania, Italy, Spain, the UK, Portugal and Sweden, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +203.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the key foreign market for waffles and wafers exports from the Czech Republic, comprising 31% of total exports. The second position in the ranking was taken by France ($X), with a 12% share of total exports. It was followed by Germany, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia amounted to +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.0% per year) and Germany (+3.6% per year).

Export Prices by Country

In 2021, the average waffle and wafer export price amounted to $X per ton, rising by 8.5% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2020 when the average export price increased by 9.4% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Waffle And Wafer Imports

Imports into the Czech Republic

In 2021, waffle and wafer imports into the Czech Republic stood at X tons, with an increase of 3.9% compared with 2020. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 72% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, waffle and wafer imports rose markedly to $X in 2021. In general, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Slovakia (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of waffle and wafer imports to the Czech Republic, with a combined 86% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +35.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Poland ($X) and Germany ($X) appeared to be the largest waffle and wafer suppliers to the Czech Republic, with a combined 89% share of total imports.

Slovakia, with a CAGR of +34.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average waffle and wafer import price stood at $X per ton in 2021, with an increase of 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Romania ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for waffles and wafers in the world?
+
The United States remains the largest waffle and wafer consuming country worldwide, comprising approx. 36% of total volume. Moreover, waffle and wafer consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was taken by India, with a 5.4% share.
What are the largest producers of waffles and wafers in the world?
+
The United States remains the largest waffle and wafer producing country worldwide, accounting for 34% of total volume. Moreover, waffle and wafer production in the United States exceeded the figures recorded by the second-largest producer, China, twofold. Turkey ranked third in terms of total production with a 5.6% share.
What are the leading suppliers of waffles and wafers to the Czech Republic?
+
In value terms, the largest waffle and wafer suppliers to the Czech Republic were Slovakia, Poland and Germany, with a combined 89% share of total imports.
What are the leading importers of waffles and wafers from the Czech Republic?
+
In value terms, Slovakia remains the key foreign market for waffles and wafers exports from the Czech Republic, comprising 31% of total exports. The second position in the ranking was held by France, with a 12% share of total exports. It was followed by Germany, with a 9.5% share.
What is the average export price for waffles and wafers in the Czech Republic?
+
In 2021, the average waffle and wafer export price amounted to $4,338 per ton, growing by 8.5% against the previous year.
What is the average import price for waffles and wafers in the Czech Republic?
+
In 2021, the average waffle and wafer import price amounted to $4,213 per ton, picking up by 10% against the previous year.

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Czech Republic
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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