Italy - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChewing Gum Price in Italy - 2023
Contents:
- Chewing Gum Price in Italy (FOB) - 2023
- Chewing Gum Price in Italy (CIF) - 2022
- Chewing Gum Exports in Italy
- Chewing Gum Imports in Italy
Chewing Gum Price in Italy (FOB) - 2023
In June 2023, the average chewing gum export price amounted to $10,806 per ton, falling by -9% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 103% month-to-month. The export price peaked at $13,066 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($19,185 per ton), while the average price for exports to Cyprus ($5,013 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 Canada (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Chewing Gum Price in Italy (CIF) - 2022
The average chewing gum import price stood at $3,850 per ton in 2022, dropping by -21.9% against the previous year. In general, the import price saw a pronounced setback. The most prominent rate of growth was recorded in 2016 an increase of 12%. Over the period under review, average import prices hit record highs at $5,590 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,050 per ton), while the price for the Netherlands ($2,099 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced a decline.
Chewing Gum Exports in Italy
Chewing gum exports from Italy skyrocketed to 553 tons in 2022, with an increase of 32% against 2021. Overall, exports, however, continue to indicate a pronounced decline.
In value terms, chewing gum exports skyrocketed to $6.2M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chewing Gum in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 831 | 1,182 | 1,803 | 1,879 | 31.3% |
| Poland | 1,037 | 1,501 | 76.6 | 801 | -8.2% |
| Germany | 328 | 517 | 468 | 488 | 14.2% |
| United States | 103 | 335 | 329 | 342 | 49.2% |
| United Arab Emirates | 20.4 | 298 | 324 | 338 | 154.9% |
| Jordan | 339 | 437 | 65.3 | 259 | -8.6% |
| France | 169 | 144 | 199 | 207 | 7.0% |
| Tunisia | 281 | 212 | 125 | 193 | -11.8% |
| Israel | 278 | 148 | 110 | 168 | -15.5% |
| Spain | 51.5 | 56.0 | 126 | 132 | 36.9% |
| Denmark | 74.4 | 16.2 | 109 | 113 | 14.9% |
| Albania | 22.0 | 29.9 | 61.7 | 64.2 | 42.9% |
| Lithuania | 61.9 | 14.8 | 15.3 | 28.6 | -22.7% |
| Others | 1,477 | 867 | 1,082 | 1,161 | -7.7% |
| Total | 5,073 | 5,759 | 4,895 | 6,174 | 6.8% |
Top Export Markets for Chewing Gum from Italy in 2022:
- Netherlands (152.8 tons)
- Poland (121.3 tons)
- Jordan (29.6 tons)
- United Arab Emirates (29.0 tons)
- Germany (26.9 tons)
- United States (23.3 tons)
- Tunisia (21.3 tons)
- Israel (15.5 tons)
- France (13.0 tons)
- Spain (10.6 tons)
- Albania (9.6 tons)
- Denmark (9.2 tons)
- Lithuania (9.1 tons)
Chewing Gum Imports in Italy
In 2022, the amount of chewing gum imported into Italy skyrocketed to 1.6K tons, picking up by 73% on 2021 figures. Over the period under review, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chewing gum imports soared to $6.1M in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chewing Gum in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2,565 | 1,414 | 2,767 | 3,136 | 6.9% |
| Germany | 785 | 612 | 86.7 | 654 | -5.9% |
| Romania | 565 | 256 | 98.9 | 403 | -10.7% |
| Netherlands | 198 | 288 | 283 | 322 | 17.6% |
| Austria | 482 | 142 | 17.8 | 284 | -16.2% |
| Turkey | 232 | 171 | 160 | 239 | 1.0% |
| Hungary | 134 | 124 | 160 | 181 | 10.5% |
| North Macedonia | 110 | 120 | 157 | 178 | 17.4% |
| Others | 780 | 373 | 814 | 740 | -1.7% |
| Total | 5,851 | 3,498 | 4,544 | 6,136 | 1.6% |
Top Suppliers of Chewing Gum to Italy in 2022:
- Spain (899.6 tons)
- Netherlands (153.3 tons)
- Romania (85.8 tons)
- Hungary (75.0 tons)
- Germany (72.3 tons)
- Turkey (71.6 tons)
- North Macedonia (62.2 tons)
- Austria (37.7 tons)
This report provides an in-depth analysis of the chewing gum market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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
-
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
-
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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