Greece - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Greece - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights

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Chewing Gum Price in Greece - 2023

Contents:

  1. Chewing Gum Price in Greece (FOB) - 2022
  2. Chewing Gum Price in Greece (CIF) - 2023
  3. Chewing Gum Exports in Greece
  4. Chewing Gum Imports in Greece

Chewing Gum Price in Greece (FOB) - 2022

The average chewing gum export price stood at $8,643 per ton in 2022, surging by 35% against the previous year. Overall, the export price posted a resilient increase. The growth pace was the most rapid in 2014 an increase of 103% against the previous year. As a result, the export price attained the peak level of $15,942 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($20,185 per ton), while the average price for exports to Spain ($3,074 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 the United Arab Emirates (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Chewing Gum Price in Greece (CIF) - 2023

The average chewing gum import price stood at $5,953 per ton in June 2023, increasing by 25% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.8%. The pace of growth appeared the most rapid in July 2022 an increase of 27% against the previous month. Over the period under review, average import prices hit record highs in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($9,128 per ton), while the price for Bulgaria ($3,938 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 the UK (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Chewing Gum Exports in Greece

In 2022, the amount of chewing gum exported from Greece reduced dramatically to 189 tons, falling by -45.7% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 37%. As a result, the exports reached the peak of 348 tons, and then declined notably in the following year.

In value terms, chewing gum exports fell notably to $1.6M in 2022. Overall, exports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $2.2M, and then declined sharply in the following year.

Export of Chewing Gum in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus26859.421143817.8%
Bulgaria659660995421-13.9%
Netherlands487609665358-9.7%
Libya12911094.517711.1%
Albania65.40.826.597.314.2%
SpainN/AN/A56.336.2-35.7%
Others236152175106-23.4%
Total1,8451,5912,2231,634-4.0%

Top Export Markets for Chewing Gum from Greece in 2022:

  1. Netherlands (111.0 tons)
  2. Cyprus (23.2 tons)
  3. Bulgaria (20.9 tons)
  4. Spain (11.8 tons)
  5. Libya (10.7 tons)
  6. Albania (5.8 tons)

Chewing Gum Imports in Greece

In 2022, supplies from abroad of chewing gum was finally on the rise to reach 566 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a mild increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chewing gum imports skyrocketed to $3M in 2022. Over the period under review, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chewing Gum in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey5014226411,13831.5%
Germany15764.013038434.7%
Spain361313242339-2.1%
Bulgaria10912310233946.0%
France2011461732385.8%
Poland40154.475.8145-28.8%
Brazil332201169139-25.2%
Others21925317032313.8%
Total2,2821,5761,7043,04410.1%

Top Suppliers of Chewing Gum to Greece in 2022:

  1. Turkey (267.7 tons)
  2. Spain (71.5 tons)
  3. Germany (57.0 tons)
  4. Bulgaria (36.8 tons)
  5. Brazil (30.1 tons)
  6. France (29.9 tons)
  7. Poland (19.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chewing gum market in Greece. 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:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Chewing Gum - Greece