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Thailand - Gingerbread, Sweet Biscuits And Waffles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Gingerbread, Sweet Biscuit and Waffle in Thailand - 2023
Contents:
- Price for Gingerbread, Sweet Biscuit and Waffle in Thailand (FOB) - 2023
- Price for Gingerbread, Sweet Biscuit and Waffle in Thailand (CIF) - 2023
- Exports of Gingerbread, Sweet Biscuit and Waffle in Thailand
- Imports of Gingerbread, Sweet Biscuit and Waffle in Thailand
Price for Gingerbread, Sweet Biscuit and Waffle in Thailand (FOB) - 2023
The average export price for gingerbread, sweet biscuits and waffles stood at $3,743 per ton in September 2023, approximately equating the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $4,203 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,429 per ton), while the average price for exports to Cote d'Ivoire ($1,959 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Gingerbread, Sweet Biscuit and Waffle in Thailand (CIF) - 2023
The average import price for gingerbread, sweet biscuits and waffles stood at $3,901 per ton in September 2023, increasing by 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in July 2023 when the average import price increased by 20% against the previous month. As a result, import price attained the peak level of $3,904 per ton; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($10,253 per ton), while the price for China ($3,073 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Gingerbread, Sweet Biscuit and Waffle in Thailand
In 2022, the amount of gingerbread, sweet biscuits and waffles exported from Thailand skyrocketed to 48K tons, jumping by 21% against the year before. The total export volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, gingerbread, sweet biscuit and waffle exports skyrocketed to $179M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Gingerbread, Sweet Biscuit and Waffle in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 22.7 | 24.9 | 32.6 | 37.3 | 18.0% |
Indonesia | 19.8 | 16.2 | 21.0 | 25.5 | 8.8% |
Vietnam | 9.3 | 6.9 | 9.4 | 17.6 | 23.7% |
Lao People's Democratic Republic | 12.4 | 11.2 | 13.2 | 16.0 | 8.9% |
Malaysia | 8.7 | 7.7 | 9.0 | 13.5 | 15.8% |
Taiwan (Chinese) | 5.8 | 8.1 | 9.8 | 11.3 | 24.9% |
Cambodia | 12.4 | 9.4 | 8.6 | 9.7 | -7.9% |
Myanmar | 2.0 | 4.4 | 5.9 | 7.8 | 57.4% |
China | 8.2 | 7.7 | 5.8 | 5.9 | -10.4% |
Philippines | 2.6 | 1.9 | 1.5 | 4.9 | 23.5% |
South Korea | 3.3 | 4.5 | 4.0 | 4.6 | 11.7% |
New Zealand | 2.4 | 1.9 | 1.9 | 1.9 | -7.5% |
Cote d'Ivoire | 1.1 | 0.7 | 1.5 | 1.8 | 17.8% |
Others | 17.2 | 15.5 | 19.8 | 20.8 | 6.5% |
Total | 128 | 121 | 144 | 179 | 11.8% |
Top Export Markets for Gingerbread, Sweet Biscuit and Waffle from Thailand in 2022:
- United States (7.4K tons)
- Indonesia (6.1K tons)
- Lao People's Democratic Republic (5.7K tons)
- Malaysia (4.8K tons)
- Cambodia (4.6K tons)
- Vietnam (4.2K tons)
- Taiwan (Chinese) (2.5K tons)
- Myanmar (2.5K tons)
- Philippines (1.5K tons)
- China (1.5K tons)
- South Korea (1.3K tons)
- Cote d'Ivoire (0.8K tons)
- New Zealand (0.7K tons)
Imports of Gingerbread, Sweet Biscuit and Waffle in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas purchases of gingerbread, sweet biscuits and waffles, which increased by 9% to 51K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, gingerbread, sweet biscuit and waffle imports surged to $160M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Gingerbread, Sweet Biscuit and Waffle in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 47.5 | 51.3 | 60.9 | 79.9 | 18.9% |
Malaysia | 19.4 | 21.1 | 24.6 | 26.0 | 10.3% |
China | 7.9 | 12.8 | 19.6 | 19.5 | 35.1% |
United Arab Emirates | 0.2 | 2.1 | 2.4 | 3.1 | 149.3% |
Others | 20.6 | 22.9 | 28.4 | 31.9 | 15.7% |
Total | 95.6 | 110 | 136 | 160 | 18.7% |
Top Suppliers of Gingerbread, Sweet Biscuit and Waffle to Thailand in 2022:
- Indonesia (32.6K tons)
- Malaysia (6.5K tons)
- China (6.5K tons)
- United Arab Emirates (1.0K tons)
This report provides an in-depth analysis of the market for gingerbread, sweet biscuit and waffle in Thailand. 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 10721230 - Gingerbread and the like
- Prodcom 10721253 - Sweet biscuits, waffles and wafers completely or partially coated or covered with chocolate or other preparations containing cocoa
- Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
- Prodcom 10721257 - Waffles and wafers with a water content > .10 % by weight of the finished product (excluding ice cream cornets, s andwiched waffles, other similar products)
- Prodcom 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
-
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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