Australia - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAustralia Sees a 6% Increase in Waffle and Wafer Imports, Reaching $78 Million in 2023
Australia Waffle and Wafer Imports
In 2023, supplies from abroad of waffles and wafers increased by 2.9% to 15K tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +4.0% over the period from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 32% against the previous year. Imports peaked at 15K tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.
In value terms, waffle and wafer imports rose sharply to $78M (IndexBox estimates) in 2023. Overall, imports showed prominent growth. The growth pace was the most rapid in 2019 with an increase of 28% against the previous year. Imports peaked in 2023 and are likely to continue growth in years to come.
| COUNTRY | Import Value of Waffle and Wafer in Australia (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Italy | 4.1 | 4.0 | 7.0 | 5.6 | 9.0 | 10.4 | 28.4 | 12.4 | 15.3 | 13.0 | 15.8 |
| Germany | 3.7 | 6.5 | 9.1 | 8.1 | 8.4 | 7.2 | 7.1 | 6.6 | 8.5 | 10.5 | 12.1 |
| Belgium | 1.1 | 1.9 | 2.0 | 2.5 | 4.1 | 9.7 | 6.5 | 9.5 | 9.1 | 12.3 | 10.5 |
| Indonesia | 3.9 | 4.5 | 4.8 | 5.1 | 6.6 | 7.6 | 6.6 | 5.5 | 4.7 | 6.3 | 6.2 |
| France | 3.5 | 2.5 | 1.3 | 2.1 | 2.6 | 3.5 | 3.3 | 3.0 | 3.3 | 4.8 | 5.9 |
| New Zealand | 1.9 | 2.1 | 2.4 | 2.1 | 2.3 | 2.2 | 1.8 | 1.6 | 1.7 | 2.4 | 3.6 |
| Poland | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.1 | 2.0 | 3.5 | 3.0 |
| Czech Republic | 4.0 | 0.4 | 3.7 | 2.3 | 2.7 | 2.8 | 2.3 | 2.2 | 2.7 | 3.2 | 2.8 |
| Others | 7.9 | 10.6 | 10.9 | 11.9 | 12.0 | 9.8 | 12.1 | 13.5 | 14.8 | 18.1 | 18.5 |
| Total | 30.2 | 32.7 | 41.3 | 39.9 | 48.0 | 53.4 | 68.1 | 54.4 | 62.3 | 74.0 | 78.4 |
Imports by Country
Belgium (2.1K tons), Italy (2K tons) and France (1.9K tons) were the main suppliers of waffle and wafer imports to Australia, together comprising 41% of total imports. Germany, Indonesia, New Zealand, the Czech Republic and Poland lagged somewhat behind, together accounting for a further 33%.
From 2013 to 2023, the biggest increases were recorded for Poland (with a CAGR of +31.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($16M), Germany ($12M) and Belgium ($11M) were the largest waffle and wafer suppliers to Australia, together comprising 49% of total imports. Indonesia, France, New Zealand, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 27%.
In terms of the main suppliers, Poland, with a CAGR of +44.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the waffle and wafer price amounted to $5,354 per ton (CIF, Australia), picking up by 2.9% against the previous year. In general, import price indicated a prominent expansion from 2013 to 2023: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, waffle and wafer import price increased by +87.5% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 49% against the previous year. The import price peaked in 2023 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($7,839 per ton), while the price for Malaysia ($2,887 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the waffle and wafer market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
