Kuwait - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChewing Gum Price in Kuwait - 2021
Contents:
- Chewing Gum Price in Kuwait (CIF) - 2021
- Chewing Gum Price in Kuwait (FOB) - 2022
- Chewing Gum Imports in Kuwait
- Chewing Gum Exports in Kuwait
Chewing Gum Price in Kuwait (CIF) - 2021
In December 2021, the average chewing gum import price amounted to $10,291 per ton, with a decrease of -39.9% against the previous month. In general, the import price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in March 2021 an increase of 62% against the previous month. The import price peaked at $22,135 per ton in January 2021; however, from February 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($114K per ton), while the price for Ecuador ($3,047 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Russia (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Chewing Gum Price in Kuwait (FOB) - 2022
In 2022, the average chewing gum export price amounted to $2,043 per ton, declining by -6.7% against the previous year. In general, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $4,233 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +6.1% per year.
Chewing Gum Imports in Kuwait
In 2022, imports of chewing gum into Kuwait reduced to 805 tons, with a decrease of -12.7% against the previous year. In general, imports showed a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year.
In value terms, chewing gum imports contracted to $13M in 2022. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year.
Import of Chewing Gum in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 11.0 | 7.6 | 9.8 | 9.1 | -6.1% |
Vietnam | 0.8 | 0.5 | 0.4 | 0.7 | -4.4% |
Turkey | 0.3 | N/A | 0.1 | 0.2 | -12.6% |
Thailand | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Egypt | N/A | N/A | 0.1 | 0.1 | 0.0% |
Indonesia | N/A | N/A | 0.1 | 0.1 | 0.0% |
India | 0.8 | N/A | N/A | 0.1 | -50.0% |
France | 0.2 | 0.2 | N/A | 0.1 | -20.6% |
China | 0.2 | N/A | N/A | 0.1 | -20.6% |
Spain | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Ecuador | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Malaysia | 0.1 | N/A | N/A | N/A | 0% |
Saudi Arabia | 3.3 | 1.9 | 2.1 | N/A | -20.2% |
Others | 1.3 | 0.7 | 1.0 | 1.7 | 9.4% |
Total | 18.5 | 11.2 | 14.0 | 12.6 | -12.0% |
Top Suppliers of Chewing Gum to Kuwait in 2022:
- United Arab Emirates (320.7 tons)
- Vietnam (98.1 tons)
- Turkey (49.0 tons)
- Ecuador (24.4 tons)
- China (21.3 tons)
- Spain (14.5 tons)
- India (13.8 tons)
- Thailand (12.2 tons)
- France (11.5 tons)
- Malaysia (11.0 tons)
- Indonesia (10.7 tons)
- Egypt (9.9 tons)
Chewing Gum Exports in Kuwait
In 2022, overseas shipments of chewing gum increased by 51% to 44 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic downturn.
In value terms, chewing gum exports surged to $89K in 2022. Overall, exports, however, saw a sharp decrease.
Export of Chewing Gum in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bahrain | 8.1 | 7.2 | 55.2 | 89.3 | 122.6% |
Iraq | N/A | 107 | N/A | N/A | 0% |
Iran | 369 | N/A | 2.7 | N/A | -91.4% |
Saudi Arabia | 34.8 | N/A | N/A | N/A | 0% |
Others | 1.6 | 1.0 | 5.5 | N/A | 85.4% |
Total | 414 | 115 | 63.5 | 89.3 | -40.0% |
Top Export Markets for Chewing Gum from Kuwait in 2022:
- Bahrain (43.7 tons)
This report provides an in-depth analysis of the chewing gum market in Kuwait. 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:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- 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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Global chewing gum market analysis from 2013 to 2023, including consumption, production, imports, and exports. The market is expected to show growth in both volume and value terms over the next seven years.
Discover the top import markets for candy and confectionery around the world, including the United States, United Kingdom, Germany, Canada, France, Netherlands, China, Belgium, Poland, and Sweden. With billions of dollars in imports, these countries showcase the universal love for indulgent treats. Stay informed about the latest trends and statistics in the dynamic confectionery industry with market intelligence platforms like IndexBox.
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...
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...
In 2016, approx. X tons of confectionery were imported worldwide- reducing by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
In 2016, approx. X tons of confectionery were imported worldwide- reducing by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
Global chewing gum market analysis from 2013 to 2023, including consumption, production, imports, and exports. The market is expected to show growth in both volume and value terms over the next seven years.
Discover the top import markets for candy and confectionery around the world, including the United States, United Kingdom, Germany, Canada, France, Netherlands, China, Belgium, Poland, and Sweden. With billions of dollars in imports, these countries showcase the universal love for indulgent treats. Stay informed about the latest trends and statistics in the dynamic confectionery industry with market intelligence platforms like IndexBox.
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...
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...