Europe: Waffle And Wafer Market 2024

Waffle And Wafer Market Size in Europe

The Europe waffle and wafer market soared to $X in 2023, picking up by X% against the previous year. The total consumption indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Waffle And Wafer Production in Europe

In value terms, waffle and wafer production reduced to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2022, and then contracted in the following year.

Waffle And Wafer Exports

Exports in Europe

In 2023, the amount of waffles and wafers exported in Europe rose modestly to X tons, surging by X% against 2022 figures. Total exports indicated a buoyant increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in the immediate term.

In value terms, waffle and wafer exports skyrocketed to $X in 2023. Overall, exports posted a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Italy (X tons), Germany (X tons) and Belgium (X tons) represented roughly X% of total exports in 2023. Russia (X tons) took the next position in the ranking, followed by the Netherlands (X tons) and Austria (X tons). All these countries together took near X% share of total exports. Ukraine (X tons), Bulgaria (X tons), the Czech Republic (X tons), Slovakia (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest waffle and wafer supplying countries in Europe were Poland ($X), Italy ($X) and Germany ($X), with a combined X% share of total exports. Belgium, the Netherlands, Austria, Bulgaria, the Czech Republic, Russia, Ukraine, Slovakia and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Slovakia, with a CAGR of X%, 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

In 2023, the export price in Europe amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export 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 exporting countries. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Waffle And Wafer Imports

Imports in Europe

In 2023, waffle and wafer imports in Europe rose slightly to X tons, surging by X% compared with 2022. Total imports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, waffle and wafer imports surged to $X in 2023. Total imports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of waffle and wafer imports in 2023 were Germany (X tons), the UK (X tons) and France (X tons), together resulting at X% of total import. The Netherlands (X tons) ranks next in terms of the total imports with a X% share, followed by Italy (X%), Poland (X%), Belgium (X%), the Czech Republic (X%) and Romania (X%). Spain (X tons), Hungary (X tons), Austria (X tons) and Russia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Italy, the Netherlands, Poland, Belgium, the Czech Republic, Romania, Spain, Austria, Hungary and Russia lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, jumping by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform