China - Gingerbread, Sweet Biscuits And Waffles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGingerbread, Sweet Biscuit and Waffle Prices in China
China Gingerbread, Sweet Biscuit and Waffle Import Price in September 2022
In September 2022, the gingerbread, sweet biscuit and waffle price stood at $4,272 per ton (CIF, China), increasing by 13% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $4,604 per ton in January 2022; however, from February 2022 to September 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Japan ($15.8 per kg), while the price for the UK ($1,817 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
China Gingerbread, Sweet Biscuit and Waffle Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In September 2022, the product with the highest price was sweet biscuits ($4,837 per ton), while the price for waffles and wafers totaled $3,896 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by gingerbread (+11.2%), while the prices for the other product experienced mixed trend patterns.
China Gingerbread, Sweet Biscuit and Waffle Imports
In September 2022, gingerbread, sweet biscuit and waffle imports into China rose modestly to 12K tons, with an increase of 3% on August 2022 figures. In general, total imports indicated a mild increase from January 2022 to September 2022: its volume increased at an average monthly rate of +1.8% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +83.3% against February 2022 indices. The most prominent rate of growth was recorded in August 2022 when imports increased by 29% month-to-month. Imports peaked in September 2022.
In value terms, gingerbread, sweet biscuit and waffle imports skyrocketed to $52M (IndexBox estimates) in September 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 with an increase of 31% month-to-month. Imports peaked in September 2022.
China Gingerbread, Sweet Biscuit and Waffle Imports by Type
Waffles and wafers (7.2K tons) and sweet biscuits (4.8K tons) were the main products of gingerbread, sweet biscuit and waffle imports to China.
From January 2022 to September 2022, the biggest increases were in waffle and wafer (with a CAGR of +5.3%).
In value terms, the most traded types of gingerbread, sweet biscuits and waffles in China were waffles and wafers ($28M) and sweet biscuits ($23M).
China Gingerbread, Sweet Biscuit and Waffle Imports by Country
In September 2022, Indonesia (8.2K tons) constituted the largest supplier of gingerbread, sweet biscuit and waffle to China, with a 68% share of total imports. Moreover, gingerbread, sweet biscuit and waffle imports from Indonesia exceeded the figures recorded by the second-largest supplier, Malaysia (573 tons), more than tenfold. Russia (545 tons) ranked third in terms of total imports with a 4.5% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume from Indonesia amounted to +7.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (-1.0% per month) and Russia (+1.2% per month).
In value terms, Indonesia ($32M) constituted the largest supplier of gingerbread, sweet biscuit and waffle to China, comprising 61% of total imports. The second position in the ranking was held by Japan ($3.4M), with a 6.6% share of total imports. It was followed by Malaysia, with a 4.1% share.
From January 2022 to September 2022, the average monthly growth rate of value from Indonesia stood at +10.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (-1.0% per month) and Malaysia (-1.4% per month).
This report provides an in-depth analysis of the market for gingerbread, sweet biscuit and waffle in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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The price of Waffle and Wafer in China, CIF, was $3,290 per ton in June 2023, remaining stable compared to the previous month.
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In April 2023, the value of Sweet Biscuit imports decreased to $13M.
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The global bread and bakery product market displayed very modest, but sustainable growth throughout the period under review, increasing from X tons in 2007, to X tons in 2016. Bread and bakery constitute staple food products, therefore their
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The global bread market showed steady growth, rising from X million tons in 2007, to X million tons in 2015.
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In 2015, the value of total imports for bread and bakery products stood at X billion USD. In physical terms, the total volume of bread and bakery products reached X thousand tons in 2015, X thousand tons (X%) more than the previous year.
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The production of bread and bakery products illustrated steady growth from 2007 to 2015. In 2015, production amounted to X million tons. In value terms, the output growth was more pronounced from 2007-2011; it then decelerated. From 2007 to 2015,
