Czech Republic: Waffle And Wafer Market 2024

Waffle And Wafer Market Size in the Czech Republic

In 2022, the Czech waffle and wafer market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, recorded a abrupt shrinkage. Waffle and wafer consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Waffle And Wafer Production in the Czech Republic

In value terms, waffle and wafer production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Waffle And Wafer Exports

Exports from the Czech Republic

In 2022, exports of waffles and wafers from the Czech Republic totaled X tons, with an increase of X% on the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, waffle and wafer exports expanded slightly to $X in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Slovakia (X tons), France (X tons) and Belgium (X tons) were the main destinations of waffle and wafer exports from the Czech Republic, with a combined X% share of total exports. Germany, Poland, Bulgaria, Romania, Australia, the UK and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the key foreign market for waffles and wafers exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average waffle and wafer export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Waffle And Wafer Imports

Imports into the Czech Republic

In 2022, waffle and wafer imports into the Czech Republic skyrocketed to X tons, surging by X% compared with 2021 figures. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, waffle and wafer imports soared to $X in 2022. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Slovakia (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of waffle and wafer imports to the Czech Republic, together accounting for X% of total imports. Austria, Italy and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Poland ($X) and Germany ($X) constituted the largest waffle and wafer suppliers to the Czech Republic, together comprising X% of total imports.

Among the main suppliers, Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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