Austria - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChewing Gum Price in Austria - 2023
Contents:
- Chewing Gum Price in Austria (CIF) - 2023
- Chewing Gum Price in Austria (FOB) - 2023
- Chewing Gum Imports in Austria
- Chewing Gum Exports in Austria
Chewing Gum Price in Austria (CIF) - 2023
In June 2023, the average chewing gum import price amounted to $16,889 per ton, rising by 38% against the previous month. In general, the import price showed buoyant growth. As a result, import 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 supplying countries. In June 2023, the country with the highest price was Germany ($30,112 per ton), while the price for the UK ($6,844 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chewing Gum Price in Austria (FOB) - 2023
The average chewing gum export price stood at $13,563 per ton in June 2023, which is down by -4.3% against the previous month. Over the period under review, export price indicated a tangible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, chewing gum export price increased by +16.6% against January 2023 indices. The pace of growth was the most pronounced in November 2022 when the average export price increased by 58% month-to-month. The export price peaked at $14,173 per ton in May 2023, and then declined in the following month.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Germany ($19,150 per ton), while the average price for exports to Kosovo ($6,990 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Chewing Gum Imports in Austria
In 2022, purchases abroad of chewing gum decreased by -3.4% to 516 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. As a result, imports reached the peak of 751 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, chewing gum imports dropped modestly to $4.2M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 9.5% against the previous year.
| Import of Chewing Gum in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 810 | 2,069 | 2,064 | 1,979 | 34.7% |
| United Kingdom | 878 | 877 | 924 | 1,077 | 7.0% |
| Slovakia | 0.1 | 95.0 | 183 | 381 | 1461.9% |
| Czech Republic | 81.3 | 162 | 215 | 280 | 51.0% |
| Netherlands | 327 | 231 | 235 | 162 | -20.9% |
| France | 566 | 321 | 376 | 139 | -37.4% |
| China | 341 | N/A | 10.9 | N/A | -82.1% |
| Others | 660 | 257 | 195 | 159 | -37.8% |
| Total | 3,663 | 4,013 | 4,203 | 4,177 | 4.5% |
Top Suppliers of Chewing Gum to Austria in 2022:
- China (undefined tons)
- Germany (206.9 tons)
- United Kingdom (153.9 tons)
- Czech Republic (59.8 tons)
- Slovakia (45.8 tons)
- Netherlands (16.3 tons)
- France (12.7 tons)
Chewing Gum Exports in Austria
In 2022, chewing gum exports from Austria was estimated at 124 tons, increasing by 10% compared with the previous year. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, chewing gum exports surged to $1.3M in 2022. The total export value increased at an average annual rate of +13.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chewing Gum in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 227 | 251 | 299 | 405 | 21.3% |
| Germany | 343 | 399 | 282 | 287 | -5.8% |
| Italy | 55.0 | 54.0 | 176 | 277 | 71.4% |
| France | 146 | 185 | 173 | 151 | 1.1% |
| Slovakia | 10.7 | 21.8 | 107 | 103 | 112.7% |
| Spain | 13.1 | 8.4 | 15.7 | 27.1 | 27.4% |
| Kosovo | N/A | 6.7 | 12.0 | 15.9 | 54.0% |
| Czech Republic | 25.7 | 53.6 | 27.9 | 4.1 | -45.8% |
| Others | 104 | 32.5 | 41.4 | 68.9 | -12.8% |
| Total | 925 | 1,012 | 1,134 | 1,339 | 13.1% |
Top Export Markets for Chewing Gum from Austria in 2022:
- Switzerland (30.5 tons)
- Germany (26.3 tons)
- Italy (22.4 tons)
- France (16.1 tons)
- Slovakia (11.2 tons)
- Spain (4.8 tons)
- Kosovo (3.4 tons)
- Czech Republic (0.8 tons)
This report provides an in-depth analysis of the chewing gum market in Austria. 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 10822310 - Chewing gum
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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