Ecuador - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChewing Gum Price in Ecuador - 2022
Contents:
- Chewing Gum Price in Ecuador (FOB) - 2022
- Chewing Gum Price in Ecuador (CIF) - 2022
- Chewing Gum Exports in Ecuador
- Chewing Gum Imports in Ecuador
Chewing Gum Price in Ecuador (FOB) - 2022
In January 2022, the average chewing gum export price amounted to $3,744 per ton, declining by -1.8% against the previous month. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in June 2021 when the average export price increased by 31% m-o-m. The export price peaked at $4,649 per ton in November 2021; however, from December 2021 to January 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($7,200 per ton), while the average price for exports to Venezuela ($2,742 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Chewing Gum Price in Ecuador (CIF) - 2022
In January 2022, the average chewing gum import price amounted to $4,033 per ton, approximately mirroring the previous month. Over the period under review, import price indicated measured growth from January 2021 to January 2022: its price increased at an average monthly rate of +4.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, chewing gum import price decreased by -16.9% against November 2021 indices. The pace of growth appeared the most rapid in February 2021 an increase of 129% m-o-m. As a result, import price attained the peak level of $5,205 per ton. From March 2021 to January 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($5,158 per ton), while the price for Brazil ($2,738 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Chewing Gum Exports in Ecuador
In 2022, exports of chewing gum from Ecuador reduced notably to 911 tons, which is down by -15.5% compared with 2021. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year.
In value terms, chewing gum exports declined to $3.1M in 2022. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 28%.
| Export of Chewing Gum in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 1,083 | 909 | 974 | 992 | -2.9% |
| Bolivia | 1,124 | 345 | 363 | 449 | -26.4% |
| Saudi Arabia | 652 | 203 | 339 | 345 | -19.1% |
| Panama | 547 | 52.5 | 235 | 239 | -24.1% |
| Argentina | 116 | 114 | 155 | 157 | 10.6% |
| Oman | 132 | 38.4 | 123 | 125 | -1.8% |
| United Arab Emirates | 278 | 168 | 71.9 | 123 | -23.8% |
| Others | 1,139 | 852 | 1,162 | 621 | -18.3% |
| Total | 5,071 | 2,681 | 3,423 | 3,052 | -15.6% |
Top Export Markets for Chewing Gum from Ecuador in 2022:
- Nicaragua (266.8 tons)
- Bolivia (153.1 tons)
- Saudi Arabia (121.5 tons)
- United Arab Emirates (87.2 tons)
- Panama (80.8 tons)
- Argentina (43.1 tons)
- Oman (38.4 tons)
Chewing Gum Imports in Ecuador
In 2022, imports of chewing gum into Ecuador shrank to 914 tons, declining by -8.6% against the year before. Over the period under review, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 21%.
In value terms, chewing gum imports dropped to $3.6M in 2022. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 20%.
| Import of Chewing Gum in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,240 | 659 | 814 | 800 | -13.6% |
| Mexico | 1,352 | 459 | 724 | 748 | -17.9% |
| Colombia | 987 | 365 | 343 | 500 | -20.3% |
| Peru | 674 | 359 | 445 | 436 | -13.5% |
| United States | 228 | 735 | 284 | 368 | 17.3% |
| Spain | 254 | 289 | 399 | 359 | 12.2% |
| Brazil | 320 | 127 | 377 | 338 | 1.8% |
| Pakistan | 145 | 36.3 | 57.6 | 70.4 | -21.4% |
| Others | 23.5 | 261 | 504 | N/A | 363.1% |
| Total | 5,224 | 3,291 | 3,948 | 3,619 | -11.5% |
Top Suppliers of Chewing Gum to Ecuador in 2022:
- Mexico (238.0 tons)
- China (202.3 tons)
- Colombia (138.7 tons)
- Peru (135.2 tons)
- Brazil (101.7 tons)
- Spain (54.4 tons)
- United States (27.4 tons)
- Pakistan (16.2 tons)
This report provides an in-depth analysis of the chewing gum market in Ecuador. 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:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- 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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In value terms, sugars and chemically pure imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern r...
666
In value terms, sugars and chemically pure exports amounted to $X in 2016. In general, sugars and chemically pure exports continue to indicate a relatively flat trend pattern. Global sugars and che...
