Japan - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaffle and Wafer Price in Japan - 2023
Contents:
- Waffle and Wafer Price in Japan (CIF) - 2023
- Waffle and Wafer Price in Japan (FOB) - 2023
- Waffle and Wafer Imports in Japan
- Waffle and Wafer Exports in Japan
Waffle and Wafer Price in Japan (CIF) - 2023
The average waffle and wafer import price stood at $4,322 per ton in July 2023, which is down by -2.8% against the previous month. Over the period under review, the import price recorded a slight decline. The growth pace was the most rapid in February 2023 an increase of 25% m-o-m. Over the period under review, average import prices reached the peak figure at $6,291 per ton in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Greece ($5,164 per ton), while the price for China ($2,275 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+0.7%), while the prices for the other major suppliers experienced a decline.
Waffle and Wafer Price in Japan (FOB) - 2023
In July 2023, the average waffle and wafer export price amounted to $13,539 per ton, rising by 4.9% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 11% month-to-month. As a result, the export price attained the peak level of $13,618 per ton. From September 2022 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($31,278 per ton), while the average price for exports to Vietnam ($10,444 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Waffle and Wafer Imports in Japan
In 2022, after three years of growth, there was decline in purchases abroad of waffles and wafers, when their volume decreased by -1.6% to 3.9K tons. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 18%.
In value terms, waffle and wafer imports totaled $21M in 2022. The total import value increased at an average annual rate of +13.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 23%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Waffle and Wafer in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 3.6 | 7.1 | 9.9 | 11.4 | 46.8% |
Italy | 3.1 | 3.2 | 3.9 | 3.4 | 3.1% |
Malaysia | 1.5 | 1.0 | 0.8 | 1.2 | -7.2% |
Austria | 2.0 | 1.5 | 1.8 | 0.8 | -26.3% |
South Korea | 0.2 | 0.2 | 0.5 | 0.6 | 44.2% |
Netherlands | 1.1 | 1.0 | 0.7 | 0.4 | -28.6% |
Brazil | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
Greece | 0.2 | 0.5 | 0.6 | 0.3 | 14.5% |
China | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
Taiwan (Chinese) | 0.4 | 0.6 | 0.4 | N/A | 0.0% |
Turkey | 0.5 | 0.2 | N/A | N/A | -60.0% |
Others | 1.2 | 0.9 | 1.4 | 1.8 | 14.5% |
Total | 14.1 | 16.5 | 20.3 | 20.5 | 13.3% |
Top Suppliers of Waffle and Wafer to Japan in 2022:
- Belgium (2475.6 tons)
- Italy (321.7 tons)
- Malaysia (321.0 tons)
- South Korea (122.8 tons)
- Austria (115.6 tons)
- China (98.2 tons)
- Brazil (87.5 tons)
- Netherlands (71.1 tons)
- Greece (64.0 tons)
- Taiwan (Chinese) (9.2 tons)
Waffle and Wafer Exports in Japan
For the fourth consecutive year, Japan recorded growth in overseas shipments of waffles and wafers, which increased by 2.9% to 657 tons in 2022. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 3.7%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, waffle and wafer exports shrank to $8.3M in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, the exports attained the peak of $8.8M, and then declined in the following year.
Export of Waffle and Wafer in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 2,935 | 3,127 | 2,401 | 1,786 | -15.3% |
United States | 577 | 483 | 1,248 | 1,346 | 32.6% |
China | 1,651 | 2,016 | 1,863 | 1,233 | -9.3% |
Taiwan (Chinese) | 456 | 535 | 841 | 804 | 20.8% |
Netherlands | 21.3 | 47.5 | 196 | 676 | 216.6% |
Vietnam | 242 | 289 | 464 | 424 | 20.6% |
South Korea | 484 | 273 | 429 | 418 | -4.8% |
Thailand | 378 | 222 | 229 | 285 | -9.0% |
Others | 719 | 778 | 1,152 | 1,359 | 23.6% |
Total | 7,463 | 7,771 | 8,824 | 8,329 | 3.7% |
Top Export Markets for Waffle and Wafer from Japan in 2022:
- Hong Kong SAR (151.3 tons)
- China (105.3 tons)
- United States (92.9 tons)
- Taiwan (Chinese) (84.6 tons)
- Vietnam (39.1 tons)
- South Korea (37.7 tons)
- Netherlands (33.5 tons)
- Thailand (24.3 tons)
This report provides an in-depth analysis of the waffle and wafer market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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
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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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