Eastern Asia: Chewing Gum Market 2022

Chewing Gum Market Size in Eastern Asia

The east asian chewing gum market shrank modestly to $X in 2021, with a decrease of -X% against the previous year. this figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).Over the period under review, consumption saw a perceptible downturn.The pace of growth was the most pronounced in 2016 when the market value increased by X% against the previous year.As a result, consumption attained the peak level of $X. from 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Chewing Gum Production in Eastern Asia

In value terms, chewing gum production stood at $X in 2021 estimated in export price.In general, production, however, continues to indicate a perceptible decline.The most prominent rate of growth was recorded in 2016 when the production volume increased by X a result, production reached the peak level of $X. from 2017 to 2021, production growth remained at a lower figure.

Chewing Gum Exports

Exports in Eastern Asia

In 2021, after two years of decline, there was significant growth in overseas shipments of chewing gum, when their volume increased by X% to X tons.Total exports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, chewing gum exports soared to $X in 2021.Total exports indicated a measured increase 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.The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year.Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, accounting for X tons, which was near X% of total exports in 2021. Japan (X tons) and taiwan (chinese) (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the chewing gum exports, with a CAGR of +X% from 2012 to 2021. At the same time, Taiwan (Chinese) (+X%) displayed positive paces of growth. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, chewing gum exports increased at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-X% per year) and Taiwan (Chinese) (+X% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, declining by -X% against the previous year. In general, the export price showed a slight decrease. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. from 2017 to 2021, the the export prices remained 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 Taiwan (Chinese) ($X per ton), while China ($X per ton) was amongst the lowest.

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

Chewing Gum Imports

Imports in Eastern Asia

In 2021, the amount of chewing gum imported in eastern asia surged to X tons, growing by X% on 2020 figures.Total imports indicated a modest increase from 2012 to 2021: its volume 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.As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chewing gum imports soared to $X in 2021.Overall, imports saw a relatively flat trend pattern.As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China represented the major importing country with an import of around X tons, which amounted to X% of total imports. Hong kong sar (X tons) ranks second in terms of the total imports with a X% share, followed by South Korea (X%) and Taiwan (Chinese) (X%). Japan (X tons) and democratic people's republic of korea (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the chewing gum imports, with a CAGR of +X% from 2012 to 2021. At the same time, Taiwan (Chinese) (+X%) displayed positive paces of growth. Democratic people's republic of korea experienced a relatively flat trend pattern. By contrast, Japan (-X%), South Korea (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) and Taiwan (Chinese) (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Japan (-X p.p.), South Korea (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Hong Kong SAR ($X) and South Korea ($X) were the countries with the highest levels of imports in 2021, together comprising X% of total imports.

China, with a cagr of +X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, falling by -X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2020, and then fell markedly in the following year.

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

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

Source: IndexBox Platform

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