Croatia: Chewing Gum Market 2022

Chewing Gum Market Size in Croatia

The croatian chewing gum market was finally on the rise to reach $X in 2021, after four years of decline.In general, consumption, however, continues to indicate a abrupt decline.As a result, consumption reached the peak level of $X. from 2017 to 2021, the growth of the market failed to regain momentum.

Chewing Gum Production in Croatia

In value terms, chewing gum production surged to $X in 2021 estimated in export price.Overall, production, however, saw a deep slump.The pace of growth was the most pronounced in 2016 with an increase of X a result, production attained the peak level of $X. from 2017 to 2021, production growth remained at a somewhat lower figure.

Chewing Gum Exports

Exports from Croatia

In 2021, exports of chewing gum from croatia surged to X tons, growing by X% compared with the previous year's figure.Over the period under review, exports enjoyed significant growth.The growth pace was the most rapid in 2015 when exports increased by X the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, chewing gum exports surged to $X in 2021.Overall, exports continue to indicate a significant expansion.The most prominent rate of growth was recorded in 2015 with an increase of X the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Serbia (X tons) was the main destination for chewing gum exports from Croatia, with a X% share of total exports. Moreover, chewing gum exports to Serbia exceeded the volume sent to the second major destination, Romania (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Serbia totaled +X%.

In value terms, Serbia ($X) remains the key foreign market for chewing gum exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Serbia totaled +X%.

Export Prices by Country

The average chewing gum export price stood at $X per ton in 2021, declining by -X% against the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. from 2016 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Romania ($X per ton), while the average price for exports to Serbia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (-X%).

Chewing Gum Imports

Imports into Croatia

In 2021, purchases abroad of chewing gum decreased by -X% to X tons, falling for the second consecutive year after two years of growth.The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years.The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year.Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, chewing gum imports contracted to $X in 2021.In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, imports decreased by -X% against 2019 indices.The pace of growth was the most pronounced in 2016 when imports increased by X a result, imports reached the peak of $X. from 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

North macedonia (X tons), Slovenia (X tons) and Germany (X tons) were the main suppliers of chewing gum imports to Croatia, together accounting for X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chewing gum suppliers to Croatia were Hungary ($X), Germany ($X) and Slovenia ($X), with a combined X% share of total imports.

Among the main suppliers, Slovenia, 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

In 2021, the average chewing gum import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. from 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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