Report Update Nov 1, 2024

Israel - Waffles and Wafers Without Chocolate - Market Analysis, Forecast, Size, Trends and Insights

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Israel: Waffle And Wafer Market 2024

Waffle And Wafer Market Size in Israel

The Israeli waffle and wafer market skyrocketed to $X in 2021, increasing by 18% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a strong expansion. Waffle and wafer consumption peaked in 2021 and is expected to retain growth in the immediate term.

Waffle And Wafer Exports

Exports from Israel

After three years of growth, shipments abroad of waffles and wafers decreased by -38.3% to X tons in 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 56% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, waffle and wafer exports shrank notably to $X in 2021. Over the period under review, exports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 90%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons), France (X tons) and Canada (X tons) were the main destinations of waffle and wafer exports from Israel, with a combined 89% share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +24.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Canada ($X) constituted the largest markets for waffle and wafer exported from Israel worldwide, together accounting for 89% of total exports.

In terms of the main countries of destination, France, with a CAGR of +27.9%, saw the highest rates of growth with regard to 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

The average waffle and wafer export price stood at $X per ton in 2021, picking up by 11% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2014 an increase of 27%. The export price peaked in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Russia ($X per ton) and South Africa ($X per ton), while the average price for exports to the UK ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Waffle And Wafer Imports

Imports into Israel

In 2021, imports of waffles and wafers into Israel rose remarkably to X tons, surging by 9.8% on 2020. In general, imports saw strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 49%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, waffle and wafer imports surged to $X in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.4% against 2012 indices. The pace of growth was the most pronounced in 2017 with an increase of 23%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Poland (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of waffle and wafer imports to Israel, together comprising 64% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +86.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest waffle and wafer suppliers to Israel were Poland ($X), Austria ($X) and Italy ($X), with a combined 64% share of total imports.

Among the main suppliers, Austria, with a CAGR of +80.2%, saw 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

The average waffle and wafer import price stood at $X per ton in 2021, growing by 5.5% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 6.6% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Poland ($X per ton) and Greece ($X per ton), while the price for Italy ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for waffles and wafers in the world?

The country with the largest volume of waffle and wafer consumption was the U.S., comprising approx. 43% of total volume. Moreover, waffle and wafer consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China, threefold. India ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of waffles and wafers in the world?

The U.S. constituted the country with the largest volume of waffle and wafer production, comprising approx. 41% of total volume. Moreover, waffle and wafer production in the U.S. exceeded the figures recorded by the second-largest producer, China, threefold. India ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of waffles and wafers to Israel?

In value terms, the largest waffle and wafer suppliers to Israel were Italy, Luxembourg and Turkey, with a combined 76% share of total imports. Germany, Spain, Greece and Switzerland lagged somewhat behind, together comprising a further 14%.

What are the leading importers of waffles and wafers from Israel?

In value terms, the U.S. remains the key foreign market for waffle and wafer exports from Israel, comprising 57% of total exports. The second position in the ranking was occupied by France, with a 19% share of total exports. It was followed by Canada, with a 13% share.

What is the average export price for waffles and wafers in Israel?

In 2020, the average waffle and wafer export price amounted to $4,553 per ton, increasing by 5.2% against the previous year.

What is the average import price for waffles and wafers in Israel?

The average waffle and wafer import price stood at $3,868 per ton in 2020, with an increase of 4.7% against the previous year.

This report provides an in-depth analysis of the waffle and wafer market in Israel. 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:

Israel

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Israel
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023