U.S. - Sweet Biscuits, Waffles And Wafers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSweet Biscuit, Waffle and Wafer Prices in the United States
U.S. Sweet Biscuit, Waffle and Wafer Import Price per Ton in August 2022
In August 2022, the sweet biscuit, waffle and wafer price per ton amounted to $3.8K (CIF, US), picking up by 9.8% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +3.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Italy ($7.9K per ton), while the price for Mexico ($2.5K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Sweet Biscuit, Waffle and Wafer Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was waffles and wafers ($5.9K per ton), while the price for sweet biscuits stood at $3.4K per ton.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by sweet biscuit (+3.5%).
U.S. Sweet Biscuit, Waffle and Wafer Imports
In August 2022, overseas purchases of sweet biscuits, waffles and wafers increased by 16% to 81K tons, rising for the second consecutive month after three months of decline. The total import volume increased at an average monthly rate of +3.5% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in July 2022 when imports increased by 23% against the previous month. Over the period under review, imports attained the maximum in August 2022.
In value terms, sweet biscuit, waffle and wafer imports surged to $305M (IndexBox estimates) in August 2022. Overall, total imports indicated a remarkable increase from January 2022 to August 2022: its value increased at an average monthly rate of +6.6% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports increased by +58.4% against June 2022 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
U.S. Sweet Biscuit, Waffle and Wafer Imports by Type
In August 2022, sweet biscuits (68K tons) constituted the largest type of sweet biscuit, waffle and wafer supplied to the United States, accounting for a 84% share of total imports. Moreover, sweet biscuits exceeded the figures recorded for the second-largest type, waffles and wafers (13K tons), fivefold.
From January 2022 to August 2022, the average monthly growth rate of the volume of import of sweet biscuits amounted to +3.9%.
In value terms, sweet biscuits ($230M) constituted the largest type of sweet biscuit, waffle and wafer supplied to the United States, comprising 75% of total imports. The second position in the ranking was held by waffles and wafers ($75M), with a 25% share of total imports.
U.S. Sweet Biscuit, Waffle and Wafer Imports by Country
In August 2022, Mexico (47K tons) constituted the largest supplier of sweet biscuit, waffle and wafer to the United States, accounting for a 59% share of total imports. Moreover, sweet biscuit, waffle and wafer imports from Mexico exceeded the figures recorded by the second-largest supplier, Canada (17K tons), threefold. The third position in this ranking was held by Italy (1.9K tons), with a 2.4% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from Mexico amounted to +2.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+4.6% per month) and Italy (+1.9% per month).
In value terms, Mexico ($118M), Canada ($94M) and Italy ($15M) appeared to be the largest sweet biscuit, waffle and wafer suppliers to the United States, together accounting for 75% of total imports. These countries were followed by Poland, Denmark and Belgium, which together accounted for a further 7.1%.
Denmark, with a CAGR of +57.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the market for sweet biscuit, waffle and wafer in the U.S.. 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 10721253 - Sweet biscuits, waffles and wafers completely or partially coated or covered with chocolate or other preparations containing cocoa
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
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In Q1-Q3 2021, imports on the U.S. bread and bakery market reached 1.6M tons worth $5.6B, which was 13% more in physical terms and 21% higher in value terms than in the same period of the previous year. American imports are expected to surpass a $7.7B annual total, reaching the highest level ever. Mexico, Canada, Italy and India are the most significant bakery suppliers to the U.S. Fresh bread and bakery, followed by sweet biscuits and waffles, constitute the primary imported products.
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American sweet biscuit imports jumped by +7% y-o-y to 561K tons in 2020. In value terms, the purchases from abroad stood at $1.4B. Last year, Mexico remained the largest supplier to the U.S., comprising 70% of the American sweet biscuit imports. Among other major exporters, India saw the highest increase in biscuit shipments to the U.S. The average sweet biscuit import price in America dropped by -7.7% against the previous year.
