Report Update Nov 1, 2024

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

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Uzbekistan: Waffle And Wafer Market 2024

Waffle And Wafer Market Size in Uzbekistan

For the tenth consecutive year, the Uzbek waffle and wafer market recorded growth in sales value, which increased by 56% to $X in 2021. In general, consumption, however, recorded a significant expansion. Waffle and wafer consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Waffle And Wafer Exports

Exports from Uzbekistan

Waffle and wafer exports from Uzbekistan dropped rapidly to X tons in 2021, declining by -91.1% against 2020 figures. In general, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2020 when exports increased by 114% against the previous year. As a result, the exports reached the peak of X tons, and then dropped dramatically in the following year.

In value terms, waffle and wafer exports contracted modestly to $X in 2021. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 81% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Kyrgyzstan (X tons) was the main destination for waffle and wafer exports from Uzbekistan, accounting for a 66% share of total exports. Moreover, waffle and wafer exports to Kyrgyzstan exceeded the volume sent to the second major destination, Tajikistan (X tons), sixfold. The third position in this ranking was taken by Ukraine (X tons), with an 8.5% share.

From 2017 to 2021, the average annual rate of growth in terms of volume to Kyrgyzstan totaled -25.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-46.9% per year) and Ukraine (+95.0% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for waffles and wafers exports from Uzbekistan, comprising 68% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 12% share of total exports. It was followed by Ukraine, with a 6.5% share.

From 2017 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan stood at +41.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-1.6% per year) and Ukraine (+1,011.0% per year).

Export Prices by Country

The average waffle and wafer export price stood at $X per ton in 2021, rising by 1,016% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, the highest price was recorded for prices to Kyrgyzstan ($X per ton) and Tajikistan ($X per ton), while the average price for exports to South Korea ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+582.5%), while the prices for the other major destinations experienced more modest paces of growth.

Waffle And Wafer Imports

Imports into Uzbekistan

After four years of growth, purchases abroad of waffles and wafers decreased by -64.2% to X tons in 2021. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2019 with an increase of 112% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then dropped rapidly in the following year.

In value terms, waffle and wafer imports soared to $X in 2021. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2019 when imports increased by 106% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Russia (X tons) constituted the largest waffle and wafer supplier to Uzbekistan, with a 68% share of total imports. Moreover, waffle and wafer imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold.

From 2017 to 2021, the average annual growth rate of volume from Russia stood at +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+124.0% per year) and Ukraine (-14.7% per year).

In value terms, Russia ($X) constituted the largest supplier of waffles and wafers to Uzbekistan, comprising 79% of total imports. The second position in the ranking was held by Turkey ($X), with a 15% share of total imports.

From 2017 to 2021, the average annual rate of growth in terms of value from Russia amounted to +52.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+130.8% per year) and Ukraine (+34.1% per year).

Import Prices by Country

The average waffle and wafer import price stood at $X per ton in 2021, jumping by 263% against the previous year. Over the period under review, the import price saw a significant expansion. As a result, import price reached 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 2021, the country with the highest price was Russia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+57.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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, accounting for 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. The third position in this ranking was occupied by India, with a 5.8% share.

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

In value terms, Russia constituted the largest supplier of waffle and wafer to Uzbekistan, comprising 87% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 5.1% share of total imports. It was followed by Turkey, with a 2.4% share.

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

In value terms, Afghanistan emerged as the key foreign market for waffle and wafer exports from Uzbekistan, comprising 45% of total exports. The second position in the ranking was occupied by Kyrgyzstan, with a 15% share of total exports. It was followed by Tajikistan, with a 10% share.

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

In 2020, the average waffle and wafer export price amounted to $1,246 per ton, which is down by -28.6% against the previous year.

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

The average waffle and wafer import price stood at $1,812 per ton in 2020, with a decrease of -20% against the previous year.

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

Uzbekistan

Data coverage:

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