India - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChewing Gum Price in India - 2023
Contents:
- Chewing Gum Price in India (FOB) - 2023
- Chewing Gum Price in India (CIF) - 2022
- Chewing Gum Exports in India
- Chewing Gum Imports in India
Chewing Gum Price in India (FOB) - 2023
In July 2023, the average chewing gum export price amounted to $1,593 per ton, picking up by 4.1% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 14% m-o-m. The export price peaked at $1,768 per ton in November 2022; however, from December 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($3,859 per ton), while the average price for exports to Madagascar ($768 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Chewing Gum Price in India (CIF) - 2022
The average chewing gum import price stood at $766 per ton in 2022, which is down by -33.7% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 38%. As a result, import price reached the peak level of $1,910 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,219 per ton), while the price for China ($164 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.8%), while the prices for the other major suppliers experienced a decline.
Chewing Gum Exports in India
In 2022, exports of chewing gum from India expanded to 7.8K tons, rising by 3.2% against the previous year. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, chewing gum exports dropped slightly to $12M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports attained the peak of $12M, and then declined in the following year.
| Export of Chewing Gum in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 816 | 1,751 | 1,904 | 1,716 | 28.1% |
| Angola | 145 | 167 | 1,676 | 1,511 | 118.4% |
| Democratic Republic of the Congo | 1,050 | 986 | 1,384 | 1,247 | 5.9% |
| United Arab Emirates | 1,002 | 866 | 1,331 | 1,200 | 6.2% |
| Nigeria | 419 | 722 | 926 | 835 | 25.8% |
| Benin | 1,288 | 73.6 | 353 | 477 | -28.2% |
| Chad | 163 | 340 | 526 | 474 | 42.7% |
| Mauritania | 313 | 726 | 460 | 450 | 12.9% |
| Niger | 406 | 398 | 474 | 428 | 1.8% |
| Cameroon | 528 | 617 | 157 | 384 | -10.1% |
| Gambia | 840 | 306 | 195 | 383 | -23.0% |
| Somalia | 59.1 | 216 | 348 | 314 | 74.5% |
| Mali | 242 | 132 | 342 | 308 | 8.4% |
| Others | 3,777 | 2,087 | 2,225 | 2,180 | -16.7% |
| Total | 11,048 | 9,388 | 12,301 | 11,907 | 2.5% |
Top Export Markets for Chewing Gum from India in 2022:
- Angola (1202.5 tons)
- Democratic Republic of the Congo (1059.2 tons)
- Nepal (695.1 tons)
- United Arab Emirates (617.0 tons)
- Nigeria (497.0 tons)
- Chad (400.8 tons)
- Niger (385.6 tons)
- Mauritania (352.1 tons)
- Benin (345.9 tons)
- Gambia (285.1 tons)
- Cameroon (273.7 tons)
- Somalia (257.6 tons)
- Mali (238.9 tons)
Chewing Gum Imports in India
Chewing gum imports into India soared to 689 tons in 2022, rising by 70% compared with the year before. Overall, imports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 103% against the previous year.
In value terms, chewing gum imports reached $528K in 2022. Over the period under review, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 60%.
| Import of Chewing Gum in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 370 | 205 | 388 | 424 | 4.6% |
| China | 229 | 30.6 | 21.0 | 38.6 | -44.8% |
| Bangladesh | 97.8 | 37.1 | 33.1 | 36.1 | -28.3% |
| Indonesia | 3.0 | 6.7 | 10.9 | 11.9 | 58.3% |
| United Kingdom | 36.4 | 6.7 | 3.9 | 6.7 | -43.1% |
| Saudi Arabia | 39.8 | N/A | 3.5 | N/A | -70.3% |
| Turkey | 50.8 | N/A | N/A | N/A | 0% |
| Others | 68.9 | 7.2 | 7.8 | 11.1 | -45.6% |
| Total | 896 | 293 | 469 | 528 | -16.2% |
Top Suppliers of Chewing Gum to India in 2022:
- United Arab Emirates (347.6 tons)
- China (235.2 tons)
- Bangladesh (60.9 tons)
- Indonesia (19.1 tons)
- United Kingdom (7.6 tons)
This report provides an in-depth analysis of the chewing gum market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
-
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
-
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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