Spain - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChewing Gum Price in Spain - 2023
Contents:
- Chewing Gum Price in Spain (FOB) - 2023
- Chewing Gum Price in Spain (CIF) - 2023
- Chewing Gum Exports in Spain
- Chewing Gum Imports in Spain
Chewing Gum Price in Spain (FOB) - 2023
The average chewing gum export price stood at $6,970 per ton in June 2023, surging by 39% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was France ($10,151 per ton), while the average price for exports to Brazil ($4,133 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 Hungary (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Chewing Gum Price in Spain (CIF) - 2023
In June 2023, the average chewing gum import price amounted to $6,843 per ton, increasing by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 67% m-o-m. As a result, import price reached the peak level of $7,391 per ton. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($15,287 per ton), while the price for Portugal ($2,619 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 Netherlands (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Chewing Gum Exports in Spain
In 2022, the amount of chewing gum exported from Spain skyrocketed to 6.5K tons, with an increase of 16% on 2021. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 44% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, chewing gum exports skyrocketed to $41M in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 61%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Chewing Gum in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.3 | 1.7 | 2.9 | 7.6 | 48.9% |
| Portugal | 2.7 | 2.2 | 3.2 | 5.2 | 24.4% |
| Germany | 3.0 | 2.5 | 3.9 | 4.9 | 17.8% |
| Italy | 1.8 | 1.1 | 2.3 | 3.7 | 27.1% |
| Netherlands | 0.6 | 0.4 | 0.9 | 2.6 | 63.0% |
| United States | 1.1 | 0.9 | 1.4 | 1.3 | 5.7% |
| United Kingdom | 1.0 | 0.2 | 0.9 | 1.1 | 3.2% |
| Morocco | 0.3 | 0.9 | 1.9 | 0.8 | 38.7% |
| China | 1.1 | 1.1 | 1.1 | 0.8 | -10.1% |
| Sweden | 0.6 | 0.5 | 0.8 | 0.7 | 5.3% |
| Israel | 0.5 | 0.3 | 0.4 | 0.6 | 6.3% |
| Poland | 0.9 | 0.4 | 0.5 | 0.6 | -12.6% |
| Belgium | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
| Others | 6.7 | 5.3 | 8.4 | 10.2 | 15.0% |
| Total | 23.0 | 17.9 | 28.9 | 40.5 | 20.8% |
Top Export Markets for Chewing Gum from Spain in 2022:
- France (975.5 tons)
- Germany (804.7 tons)
- Italy (795.6 tons)
- Portugal (624.1 tons)
- Netherlands (476.7 tons)
- United Kingdom (263.3 tons)
- Sweden (201.5 tons)
- China (188.2 tons)
- Morocco (177.9 tons)
- Israel (149.0 tons)
- United States (122.2 tons)
- Belgium (116.7 tons)
- Poland (111.0 tons)
Chewing Gum Imports in Spain
In 2022, the amount of chewing gum imported into Spain was estimated at 2.4K tons, surging by 8.6% compared with the year before. In general, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 26%.
In value terms, chewing gum imports skyrocketed to $13M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.9% 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 +76.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 48%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Chewing Gum in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.9 | 0.4 | 1.2 | 2.4 | 38.7% |
| France | 1.7 | 1.1 | 1.8 | 2.4 | 12.2% |
| Czech Republic | 1.7 | 1.3 | 1.7 | 2.1 | 7.3% |
| Poland | 1.8 | 1.2 | 1.1 | 1.2 | -12.6% |
| United Kingdom | 1.2 | 1.0 | 1.4 | 0.9 | -9.1% |
| Portugal | 0.5 | 0.5 | 0.7 | 0.6 | 6.3% |
| Brazil | 0.5 | 0.3 | 0.3 | 0.5 | 0.0% |
| Turkey | 0.6 | 0.3 | 0.4 | 0.4 | -12.6% |
| Others | 1.6 | 0.9 | 1.8 | 2.0 | 7.7% |
| Total | 10.5 | 7.1 | 10.5 | 12.5 | 6.0% |
Top Suppliers of Chewing Gum to Spain in 2022:
- Czech Republic (625.4 tons)
- Netherlands (333.8 tons)
- France (308.3 tons)
- Portugal (232.5 tons)
- Poland (162.3 tons)
- Turkey (160.1 tons)
- United Kingdom (130.7 tons)
- Brazil (127.7 tons)
This report provides an in-depth analysis of the chewing gum market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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