Central Asia: Chewing Gum Market 2024

Chewing Gum Market Size in Central Asia

In 2022, the Central Asian chewing gum market increased by X% to $X, rising for the second consecutive year after seven years of decline. Over the period under review, consumption continues to indicate a slight curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Chewing Gum Production in Central Asia

In value terms, chewing gum production shrank to $X in 2022 estimated in export price. Overall, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Chewing Gum Exports

Exports in Central Asia

In 2022, after four years of decline, there was significant growth in overseas shipments of chewing gum, when their volume increased by X% to X tons. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, chewing gum exports surged to $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uzbekistan dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Kazakhstan (X tons), committing a X% share of total exports. Turkmenistan (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to chewing gum exports from Uzbekistan stood at X%. At the same time, Turkmenistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Turkmenistan and Kazakhstan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Uzbekistan ($X) remains the largest chewing gum supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan amounted to X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Turkmenistan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable reduction. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Chewing Gum Imports

Imports in Central Asia

In 2022, supplies from abroad of chewing gum increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a perceptible descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, chewing gum imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kyrgyzstan (X tons) and Kazakhstan (X tons) represented the key importers of chewing gum in Central Asia, together amounting to approx. X% of total imports. Tajikistan (X tons) ranks next in terms of the total imports with a X% share, followed by Turkmenistan (X%), Mongolia (X%) and Uzbekistan (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chewing gum importing markets in Central Asia were Kazakhstan ($X), Kyrgyzstan ($X) and Turkmenistan ($X), with a combined X% share of total imports. Mongolia, Uzbekistan and Tajikistan lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mongolia ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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