South-Eastern Asia: Chewing Gum Market 2024

Chewing Gum Market Size in South-Eastern Asia

The Southeast Asian chewing gum market rose modestly to $X in 2022, growing by X% against the previous year. In general, consumption, however, saw a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Chewing Gum Production in South-Eastern Asia

In value terms, chewing gum production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Chewing Gum Exports

Exports in South-Eastern Asia

In 2022, chewing gum exports in South-Eastern Asia expanded rapidly to X tons, with an increase of X% compared with the previous year. Over the period under review, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, chewing gum exports rose markedly to $X in 2022. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Philippines (X tons) and Vietnam (X tons) were the largest exporters of chewing gum in South-Eastern Asia, together generating X% of total exports. Indonesia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%) and Thailand (X%).

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest chewing gum supplying countries in South-Eastern Asia were Vietnam ($X), the Philippines ($X) and Malaysia ($X), with a combined X% share of total exports.

Among the main exporting countries, the Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Indonesia ($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 Philippines (X%), while the other leaders experienced more modest paces of growth.

Chewing Gum Imports

Imports in South-Eastern Asia

Chewing gum imports soared to X tons in 2022, with an increase of X% on 2021 figures. In general, imports, however, recorded a pronounced decrease. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, chewing gum imports soared to $X in 2022. Over the period under review, imports, however, saw a noticeable setback. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons) and Vietnam (X tons) were the main importers of chewing gum in South-Eastern Asia, together constituting X% of total imports. Malaysia (X tons) ranks next in terms of the total imports with a X% share, followed by the Philippines (X%) and Thailand (X%). The following importers - Timor-Leste (X tons) and Myanmar (X tons) - each amounted to a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Indonesia (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 South-Eastern Asia were Vietnam ($X), Malaysia ($X) and Indonesia ($X), with a combined X% share of total imports. Thailand, the Philippines, Myanmar and Timor-Leste lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Myanmar, with a CAGR of X%, saw 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

The import price in South-Eastern Asia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Myanmar ($X per ton), while Timor-Leste ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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