Middle East: Chewing Gum Market 2024

Chewing Gum Market Size in the Middle East

The Middle Eastern chewing gum market reduced remarkably to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a drastic downturn. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Chewing Gum Production in the Middle East

In value terms, chewing gum production reduced to $X in 2022 estimated in export price. Over the period under review, production showed temperate growth. The growth pace was the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Chewing Gum Exports

Exports in the Middle East

In 2022, overseas shipments of chewing gum increased by X% to X tons, rising for the second consecutive year after three years of decline. Total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, chewing gum exports soared to $X in 2022. In general, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the largest exporter of chewing gum in the Middle East, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons) and Saudi Arabia (X tons), together making up a X% share of total exports. Oman (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to chewing gum exports from Turkey stood at X%. At the same time, Oman (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. Saudi Arabia experienced a relatively flat trend pattern. The United Arab Emirates (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest chewing gum supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 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 Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Chewing Gum Imports

Imports in the Middle East

In 2022, supplies from abroad of chewing gum increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, chewing gum imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) represented the largest importer of chewing gum, achieving X% of total imports. Iraq (X tons) ranks second in terms of the total imports with a X% share, followed by Yemen (X%), Oman (X%) and Saudi Arabia (X%). Iran (X tons), Jordan (X tons), Palestine (X tons), Lebanon (X tons), Kuwait (X tons) and Israel (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to chewing gum imports into the United Arab Emirates stood at X%. At the same time, Oman (X%), Palestine (X%), Lebanon (X%), Yemen (X%) and Jordan (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Israel and Iraq experienced a relatively flat trend pattern. By contrast, Kuwait (X%), Saudi Arabia (X%) and Iran (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Oman and Yemen increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported chewing gum in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iraq ($X), with an X% share of total imports. It was followed by Saudi Arabia, with a X% share.

In the United Arab Emirates, chewing gum imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Iraq (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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