Central Asia: Chewing Gum Market 2022

Chewing Gum Market Size in Central Asia

In 2021, after three years of decline, there was growth in the central asian chewing gum market, when its value increased by X% to $X, consumption, however, continues to indicate a slight shrinkage.The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Chewing Gum Production in Central Asia

In value terms, chewing gum production shrank slightly to $X in 2021 estimated in export price.Overall, production, however, continues to indicate a relatively flat trend pattern.The most prominent rate of growth was recorded in 2015 with an increase of X a result, production reached the peak level of $X. from 2016 to 2021, production growth remained at a lower figure.

Chewing Gum Exports

Exports in Central Asia

In 2021, exports of chewing gum in central asia shrank significantly to X tons, waning by -X% against 2020 figures.In general, exports, however, continue to indicate modest 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 tons. from 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, chewing gum exports reduced rapidly to $X in 2021.Over the period under review, exports recorded a pronounced curtailment.The pace of growth was the most pronounced in 2017 when exports increased by X a result, the exports attained the peak of $X. from 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uzbekistan prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2021. Turkmenistan (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (X%).

Uzbekistan experienced a relatively flat trend pattern with regard to volume of exports of chewing gum. 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 2012-2021. While the share of Turkmenistan (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Uzbekistan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Uzbekistan, chewing gum exports shrank by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkmenistan (+X% per year) and Kazakhstan (+X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, shrinking by -X% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Turkmenistan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+X%), while the other leaders experienced a decline in the export price figures.

Chewing Gum Imports

Imports in Central Asia

After three years of decline, purchases abroad of chewing gum increased by X% to X tons in 2021.Over the period under review, imports, however, showed a abrupt setback.The growth pace was the most rapid in 2017 when imports increased by X a result, imports attained the peak of X tons. from 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, chewing gum imports rose notably to $X in 2021.Overall, imports, however, continue to indicate a abrupt setback.The growth pace was the most rapid in 2013 with an increase of X the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Kazakhstan (X tons), Kyrgyzstan (X tons), Tajikistan (X tons) and Turkmenistan (X tons) represented the main importer of chewing gum in Central Asia, mixing up X% of total import. It was distantly followed by Mongolia (X tons) and Uzbekistan (X tons), together comprising a X% share of total imports.

From 2012 to 2021, the biggest increases were in Uzbekistan (with a CAGR of +X%), while purchases 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), together accounting for X% of total imports. Tajikistan, mongolia and uzbekistan lagged somewhat behind, together accounting for a further X, with a cagr of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, shrinking by -X% against the previous year. Overall, the import price showed a pronounced curtailment. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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