Report Update Nov 1, 2024

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

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Kazakhstan: Waffle And Wafer Market 2024

Waffle And Wafer Market Size in Kazakhstan

The Kazakh waffle and wafer market surged to $X in 2021, picking up by 25% 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). Over the period under review, consumption, however, saw a relatively flat trend pattern. Waffle and wafer consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Waffle And Wafer Exports

Exports from Kazakhstan

In 2021, waffle and wafer exports from Kazakhstan dropped to X tons, which is down by -2.1% compared with 2020. Over the period under review, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of 89% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then fell modestly in the following year.

In value terms, waffle and wafer exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 110%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons) was the main destination for waffle and wafer exports from Kazakhstan, with a 63% share of total exports. Moreover, waffle and wafer exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), sevenfold. Uzbekistan (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (-4.1% per year) and Uzbekistan (+28.1% per year).

In value terms, Russia ($X) remains the key foreign market for waffles and wafers exports from Kazakhstan, comprising 55% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 10% share of total exports. It was followed by Mongolia, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (-7.5% per year) and Mongolia (+62.9% per year).

Export Prices by Country

In 2021, the average waffle and wafer export price amounted to $X per ton, rising by 19% against the previous year. In general, the export price, however, showed a noticeable slump. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Mongolia ($X per ton), while the average price for exports to Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+3.0%), while the prices for the other major destinations experienced a decline.

Waffle And Wafer Imports

Imports into Kazakhstan

In 2021, the amount of waffles and wafers imported into Kazakhstan expanded remarkably to X tons, surging by 8.7% compared with the year before. The total import volume increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 26%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, waffle and wafer imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) was the main waffle and wafer supplier to Kazakhstan, with a 91% share of total imports. Moreover, waffle and wafer imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +6.2%.

In value terms, Russia ($X) constituted the largest supplier of waffles and wafers to Kazakhstan, comprising 89% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 5.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia stood at +3.3%.

Import Prices by Country

In 2021, the average waffle and wafer import price amounted to $X per ton, growing by 14% against the previous year. Overall, the import price, however, recorded a noticeable contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per ton), while the price for Ukraine totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (-1.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The U.S. constituted the country with the largest volume of waffle and wafer consumption, 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. The third position in this ranking was occupied by India, with a 5.8% share.

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

The U.S. remains the largest waffle and wafer producing country worldwide, accounting for 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 Kazakhstan?

In value terms, Russia constituted the largest supplier of waffle and wafer to Kazakhstan, comprising 90% of total imports. The second position in the ranking was occupied by Ukraine, with a 3.6% share of total imports.

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

In value terms, Russia remains the key foreign market for waffle and wafer exports from Kazakhstan, comprising 67% of total exports. The second position in the ranking was occupied by Uzbekistan, with a 7.9% share of total exports. It was followed by Kyrgyzstan, with a 7.1% share.

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

In 2020, the average waffle and wafer export price amounted to $1,498 per ton, shrinking by -6.4% against the previous year.

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

In 2020, the average waffle and wafer import price amounted to $1,816 per ton, reducing by -5.1% against the previous year.

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

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
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