Report Update: Apr 1, 2024

U.S. - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights

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Chewing Gum Price in the United States - 2023

Chewing Gum Price in the United States (CIF) - 2023

In August 2023, the average chewing gum import price amounted to $3,604 per ton, declining by -8.8% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 11% m-o-m. Over the period under review, average import prices attained the maximum at $4,184 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Mexico ($4,812 per ton), while the price for Brazil ($1,676 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Chewing Gum Price in the United States (FOB) - 2023

In August 2023, the average chewing gum export price amounted to $5,485 per ton, approximately equating the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 13% month-to-month. Over the period under review, the average export prices reached the peak figure at $6,271 per ton in January 2023; however, from February 2023 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Panama ($9,285 per ton), while the average price for exports to Afghanistan ($4,108 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Chewing Gum Imports in the United States

In 2022, chewing gum imports into the United States rose slightly to 33K tons, with an increase of 2.2% on the previous year. In general, imports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.

In value terms, chewing gum imports rose notably to $121M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 14%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Chewing Gum in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	59.7	49.6	61.3	72.9	6.9%
Mexico	35.9	29.2	31.5	31.7	-4.1%
China	7.6	4.4	5.5	5.7	-9.1%
Brazil	2.7	1.6	1.3	2.2	-6.6%
Tunisia	2.3	1.7	1.8	2.2	-1.5%
Others	10.0	6.9	5.0	6.4	-13.8%
Total	118	93.4	106	121	0.8%

Top Suppliers of Chewing Gum to the United States in 2022:

Canada (21.4K tons)
Mexico (7.3K tons)
China (1.6K tons)
Brazil (1.3K tons)
Tunisia (0.5K tons)

Chewing Gum Exports in the United States

In 2022, the amount of chewing gum exported from the United States totaled 5.7K tons, remaining constant against 2021 figures. In general, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 33%.

In value terms, chewing gum exports expanded rapidly to $32M in 2022. Overall, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year.

Export of Chewing Gum in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	7.4	4.6	6.3	10.7	13.1%
Mexico	7.8	3.8	5.2	7.3	-2.2%
Jamaica	1.2	0.4	0.7	1.3	2.7%
Honduras	0.8	0.3	0.5	1.2	14.5%
Australia	0.4	0.4	0.5	1.0	35.7%
Colombia	0.8	0.3	0.5	1.0	7.7%
Panama	1.3	0.4	0.5	0.7	-18.6%
Chile	0.2	0.2	0.4	0.6	44.2%
United Kingdom	0.7	0.4	0.4	0.5	-10.6%
Barbados	0.2	0.1	N/A	0.5	35.7%
Ecuador	0.9	0.4	0.1	0.5	-17.8%
Peru	0.7	0.1	0.3	0.4	-17.0%
United Arab Emirates	8.2	7.5	10.2	N/A	11.5%
Others	8.4	3.4	4.4	6.6	-7.7%
Total	38.9	22.2	30.0	32.2	-6.1%

Top Export Markets for Chewing Gum from the United States in 2022:

Canada (2028.4 tons)
Mexico (1229.3 tons)
Australia (200.4 tons)
Jamaica (185.7 tons)
Colombia (179.9 tons)
Honduras (164.1 tons)
Ecuador (113.2 tons)
Chile (104.9 tons)
Panama (101.2 tons)
Barbados (98.0 tons)
United Kingdom (95.0 tons)
Peru (92.9 tons)

Source: IndexBox Market Intelligence Platform

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

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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