Europe: Waffle And Wafer Market 2024

Waffle And Wafer Market Size in Europe

The Europe waffle and wafer market stood at $X in 2022, picking up by X% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Waffle And Wafer Production in Europe

In value terms, waffle and wafer production stood at $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Waffle And Wafer Exports

Exports in Europe

For the eighth consecutive year, Europe recorded growth in overseas shipments of waffles and wafers, which increased by X% to X tons in 2022. Total exports indicated a resilient expansion 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. Based on 2022 figures, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, waffle and wafer exports rose modestly to $X in 2022. Total exports indicated a prominent increase from 2012 to 2022: its value 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Poland (X tons), Italy (X tons), Germany (X tons) and Belgium (X tons) represented the key exporter of waffles and wafers in Europe, generating X% of total export. Austria (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%) and Russia (X%). Bulgaria (X tons), the Czech Republic (X tons), Ukraine (X tons), Slovakia (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest waffle and wafer supplying countries in Europe were Poland ($X), Italy ($X) and Germany ($X), together accounting for X% of total exports. Belgium, the Netherlands, Austria, Bulgaria, Russia, the Czech Republic, the UK, Slovakia and Ukraine lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Waffle And Wafer Imports

Imports in Europe

Waffle and wafer imports expanded rapidly to X tons in 2022, growing by X% compared with 2021. Total imports indicated buoyant growth 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. Based on 2022 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, waffle and wafer imports totaled $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value 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, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The purchases of the three major importers of waffles and wafers, namely Germany, the UK and France, represented more than third of total import. Italy (X tons) ranks next in terms of the total imports with a X% share, followed by the Netherlands (X%), Belgium (X%), Romania (X%), Poland (X%) and the Czech Republic (X%). Spain (X tons), Hungary (X tons), Russia (X tons) and Austria (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest waffle and wafer importing markets in Europe were the UK ($X), Germany ($X) and France ($X), with a combined X% share of total imports. Italy, Belgium, the Netherlands, Poland, the Czech Republic, Romania, Spain, Russia, Austria and Hungary lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Austria ($X per ton) and Russia ($X per ton), while Romania ($X per ton) and Hungary ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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