
Canada - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights
Chewing Gum Price in Canada Stands at $3.5K per Ton
Canada Chewing Gum Export Price per Ton in July 2022
In July 2022, the chewing gum price per ton stood at $3.5K (FOB, Canada), stabilizing at the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 when the average export price increased by 13% against the previous month. As a result, the export price reached the peak level of $3.6K per ton. From April 2022 to July 2022, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In July 2022, the country with the highest price was the United States ($3.5K per ton), while the average price for exports to China totaled $2.4K per ton.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.7%).
Canada Chewing Gum Exports
In July 2022, approximately 1.5K tons of chewing gum were exported from Canada; waning by -18.8% compared with the previous month. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 with an increase of 30% month-to-month. As a result, the exports reached the peak of 2.6K tons. From April 2022 to July 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, chewing gum exports contracted significantly to $5.3M (IndexBox estimates) in July 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when exports increased by 48% against the previous month. As a result, the exports reached the peak of $9.2M. From April 2022 to July 2022, the growth of the exports remained at a lower figure.
Canada Chewing Gum Exports by Country
the United States (1.4K tons) was the main destination for chewing gum exports from Canada, accounting for a 95% share of total exports. It was followed by China (39 tons), with a 2.5% share of total exports.
From January 2022 to July 2022, the average monthly rate of growth in terms of volume to the United States was relatively modest.
In value terms, the United States ($5.1M) remains the key foreign market for chewing gum exports from Canada, comprising 95% of total exports. The second position in the ranking was taken by China ($92K), with a 1.7% share of total exports.
From January 2022 to July 2022, the average monthly rate of growth in terms of value to the United States was relatively modest.
This report provides an in-depth analysis of the chewing gum market in Canada. 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.
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