Jordan: Waffle And Wafer Market 2024

Waffle And Wafer Market Size in Jordan

In 2022, the Jordanian waffle and wafer market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then fell modestly in the following year.

Waffle And Wafer Production in Jordan

In value terms, waffle and wafer production surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw a dramatic contraction. Waffle and wafer production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Waffle And Wafer Exports

Exports from Jordan

In 2022, approx. X tons of waffles and wafers were exported from Jordan; rising by X% compared with 2021. In general, exports, however, continue to indicate a pronounced downturn. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, waffle and wafer exports soared to $X in 2022. Over the period under review, exports posted a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Yemen (X tons) was the main destination for waffle and wafer exports from Jordan, with a X% share of total exports. Moreover, waffle and wafer exports to Yemen exceeded the volume sent to the second major destination, Saudi Arabia (X tons), eightfold. The third position in this ranking was held by Qatar (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Yemen totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Qatar (X% per year).

In value terms, Yemen ($X) remains the key foreign market for waffles and wafers exports from Jordan, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an X% share of total exports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Yemen totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Qatar (X% per year).

Export Prices by Country

The average waffle and wafer export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2016 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per ton) and the United States ($X per ton), while the average price for exports to Qatar ($X per ton) and Yemen ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Waffle And Wafer Imports

Imports into Jordan

In 2022, approx. X tons of waffles and wafers were imported into Jordan; picking up by X% compared with 2021. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, waffle and wafer imports rose notably to $X in 2022. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest waffle and wafer supplier to Jordan, with a X% share of total imports. Moreover, waffle and wafer imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of waffles and wafers to Jordan, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average waffle and wafer import price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($X per ton) and Poland ($X per ton), while the price for Kuwait ($X per ton) and Italy ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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