Eastern Europe: Waffle And Wafer Market 2024

Waffle And Wafer Market Size in Eastern Europe

The East European waffle and wafer market skyrocketed to $X in 2023, increasing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

Waffle And Wafer Production in Eastern Europe

In value terms, waffle and wafer production rose to $X in 2023 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Waffle And Wafer Exports

Exports in Eastern Europe

In 2023, the amount of waffles and wafers exported in Eastern Europe rose significantly to X tons, surging by X% against the previous year's figure. Total exports indicated a prominent expansion 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 was the most pronounced in 2013 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, waffle and wafer exports soared to $X in 2023. Overall, exports posted a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Poland was the largest exporter of waffles and wafers in Eastern Europe, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2023. Russia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Ukraine (X%), Bulgaria (X%), the Czech Republic (X%) and Slovakia (X%). Romania (X tons) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Slovakia (X%), Russia (X%), the Czech Republic (X%), Bulgaria (X%) and Ukraine (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Romania experienced a relatively flat trend pattern. While the share of Poland (X p.p.) and Slovakia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Romania (X p.p.), the Czech Republic (X p.p.), Bulgaria (X p.p.) and Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest waffle and wafer supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Bulgaria ($X), with an X% share of total exports. It was followed by the Czech Republic, with a X% share.

In Poland, waffle and wafer exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Bulgaria (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2023, the export price in Eastern 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 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 exporting countries. In 2023, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Waffle And Wafer Imports

Imports in Eastern Europe

In 2023, the amount of waffles and wafers imported in Eastern Europe rose rapidly to X tons, picking up by X% compared with the previous year. Total imports indicated a remarkable increase from 2012 to 2023: its volume 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, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are expected to retain growth in years to come.

In value terms, waffle and wafer imports soared to $X in 2023. Over the period under review, imports recorded a buoyant expansion. As a result, imports attained 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 Poland (X tons), the Czech Republic (X tons) and Romania (X tons), together amounting to X% of total import. Hungary (X tons) held the next position in the ranking, followed by Russia (X tons), Slovakia (X tons) and Bulgaria (X tons). All these countries together held near X% share of total imports.

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, Poland ($X), the Czech Republic ($X) and Romania ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Among the main importing countries, Romania, with a CAGR of X%, 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

In 2023, the import price in Eastern 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, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Bulgaria ($X per ton) and Poland ($X per ton), while Russia ($X per ton) and Hungary ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform