Germany - Waffles And Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNotable Surge in Waffle and Wafer Exports Reaches $58M in August 2023 in Germany
Germany Waffle and Wafer Exports
In August 2023, overseas shipments of waffles and wafers were finally on the rise to reach 10K tons after two months of decline. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when exports increased by 23% m-o-m. As a result, the exports reached the peak of 11K tons. From April 2023 to August 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, waffle and wafer exports rose sharply to $58M (IndexBox estimates) in August 2023. The total export value increased at an average monthly rate of +2.0% over the period from August 2022 to August 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in March 2023 when exports increased by 23% against the previous month. As a result, the exports reached the peak of $62M. From April 2023 to August 2023, the growth of the exports remained at a lower figure.
| COUNTRY | Export Value of Waffle and Wafer in Germany (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | |
| Netherlands | 7.1 | 3.9 | 7.3 | 5.5 | 4.1 | 6.0 | 6.2 | 6.8 | 6.3 | 6.9 | 7.1 | 3.5 | 8.4 |
| Poland | 4.9 | 5.5 | 4.3 | 5.6 | 4.1 | 4.2 | 5.3 | 6.3 | 5.2 | 7.9 | 4.7 | 8.1 | 7.1 |
| France | 4.5 | 5.1 | 4.6 | 5.8 | 5.7 | 5.5 | 5.7 | 6.9 | 5.2 | 5.2 | 5.5 | 5.6 | 4.5 |
| Austria | 3.2 | 3.5 | 3.3 | 3.5 | 3.7 | 3.5 | 4.5 | 4.1 | 3.9 | 4.6 | 3.8 | 3.7 | 3.8 |
| United Kingdom | 3.6 | 2.6 | 2.1 | 2.9 | 2.9 | 2.9 | 3.0 | 4.0 | 2.2 | 2.8 | 3.5 | 3.2 | 3.5 |
| Italy | 2.0 | 2.5 | 1.8 | 2.2 | 2.0 | 3.4 | 2.7 | 2.9 | 3.7 | 2.8 | 3.7 | 3.5 | 3.1 |
| Spain | 2.3 | 2.1 | 1.8 | 3.9 | 2.8 | 3.4 | 2.3 | 5.0 | 1.9 | 3.5 | 2.2 | 3.7 | 2.1 |
| Others | 17.7 | 20.9 | 18.5 | 23.0 | 19.2 | 19.6 | 20.8 | 25.7 | 20.8 | 22.2 | 24.4 | 21.7 | 25.3 |
| Total | 45.3 | 46.2 | 43.7 | 52.4 | 44.6 | 48.5 | 50.4 | 61.8 | 49.4 | 56.0 | 54.9 | 52.9 | 57.8 |
Exports by Country
The Netherlands (2.3K tons), Poland (1.3K tons) and France (727 tons) were the main destinations of waffle and wafer exports from Germany, together comprising 43% of total exports.
From August 2022 to August 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +3.2%), while the other leaders experienced mixed trend patterns.
In value terms, the largest markets for waffle and wafer exported from Germany were the Netherlands ($8.4M), Poland ($7.1M) and France ($4.5M), with a combined 35% share of total exports. These countries were followed by Austria, the UK, Italy and Spain, which together accounted for a further 22%.
In terms of the main countries of destination, Italy, with a CAGR of +3.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In August 2023, the waffle and wafer price amounted to $5,609 per ton (FOB, Germany), with a decrease of -4.7% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 12% against the previous month. Over the period under review, the average export prices reached the peak figure at $5,907 per ton in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($9,245 per ton), while the average price for exports to the Netherlands ($3,627 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the waffle and wafer market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
