Belgium - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Belgium - 2023
Contents:
- Waffle and Wafer Price in Belgium (FOB) - 2023
- Waffle and Wafer Price in Belgium (CIF) - 2023
- Waffle and Wafer Exports in Belgium
- Waffle and Wafer Imports in Belgium
Waffle and Wafer Price in Belgium (FOB) - 2023
In June 2023, the average waffle and wafer export price amounted to $4,661 per ton, dropping by -2.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 8.6% against the previous month. The export price peaked at $4,759 per ton in May 2023, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,599 per ton), while the average price for exports to the UK ($3,459 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Price in Belgium (CIF) - 2023
The average waffle and wafer import price stood at $5,303 per ton in June 2023, rising by 1.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 9.8% month-to-month. Over the period under review, average import prices reached the peak figure at $5,536 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Austria ($6,087 per ton) and Turkey ($5,935 per ton), while the price for the Netherlands ($4,566 per ton) and the Czech Republic ($4,820 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Waffle and Wafer Exports in Belgium
In 2022, approx. 84K tons of waffles and wafers were exported from Belgium; remaining stable against 2021. The total export volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of 85K tons, and then reduced in the following year.
In value terms, waffle and wafer exports stood at $313M in 2022. The total export value increased at an average annual rate of +10.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Waffle and Wafer in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 73.5 | 68.6 | 82.5 | 77.8 | 1.9% |
Netherlands | 38.9 | 39.3 | 46.6 | 61.0 | 16.2% |
Germany | 18.1 | 24.5 | 27.2 | 36.5 | 26.3% |
United States | 26.9 | 30.8 | 43.5 | 33.4 | 7.5% |
United Kingdom | 19.2 | 21.2 | 38.7 | 26.8 | 11.8% |
Spain | 8.7 | 9.6 | 12.5 | 12.1 | 11.6% |
Australia | 5.4 | 9.1 | 7.8 | 11.3 | 27.9% |
Others | 38.4 | 43.2 | 51.7 | 53.9 | 12.0% |
Total | 229 | 246 | 310 | 313 | 11.0% |
Top Export Markets for Waffle and Wafer from Belgium in 2022:
- France (24.0K tons)
- Netherlands (15.5K tons)
- Germany (10.2K tons)
- United Kingdom (9.0K tons)
- United States (6.5K tons)
- Australia (3.9K tons)
- Spain (3.3K tons)
Waffle and Wafer Imports in Belgium
In 2022, supplies from abroad of waffles and wafers decreased by -16.3% to 24K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. As a result, imports attained the peak of 28K tons, and then shrank significantly in the following year.
In value terms, waffle and wafer imports fell to $113M in 2022. Overall, imports, however, saw a strong increase. The growth pace was the most rapid in 2021 with an increase of 59%. As a result, imports attained the peak of $131M, and then reduced in the following year.
Import of Waffle and Wafer in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 12.1 | 11.8 | 31.5 | 23.4 | 24.6% |
France | 17.5 | 18.7 | 25.0 | 20.1 | 4.7% |
Poland | 13.3 | 14.2 | 17.8 | 18.3 | 11.2% |
Turkey | 1.3 | 5.9 | 16.7 | 16.3 | 132.3% |
Germany | 10.3 | 13.3 | 16.7 | 12.5 | 6.7% |
Czech Republic | 2.3 | 3.5 | 5.5 | 8.0 | 51.5% |
Austria | 4.3 | 4.6 | 4.6 | 4.5 | 1.5% |
Others | 6.9 | 9.9 | 12.9 | 10.3 | 14.3% |
Total | 67.9 | 81.9 | 131 | 113 | 18.5% |
Top Suppliers of Waffle and Wafer to Belgium in 2022:
- Netherlands (4.9K tons)
- France (4.3K tons)
- Poland (3.5K tons)
- Turkey (3.0K tons)
- Germany (2.5K tons)
- Czech Republic (2.1K tons)
- Austria (1.1K tons)
This report provides an in-depth analysis of the waffle and wafer market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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