Eastern Europe: Chewing Gum Market 2022

Chewing Gum Market Size in Eastern Europe

In 2021, after three years of decline, there was significant growth in the east european chewing gum market, when its value increased by X% to $X, consumption, however, continues to indicate a perceptible shrinkage.Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Chewing Gum Production in Eastern Europe

In value terms, chewing gum production rose markedly to $X in 2021 estimated in export price.In general, production, however, saw a perceptible curtailment.Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Chewing Gum Exports

Exports in Eastern Europe

In 2021, chewing gum exports in eastern europe surged to X tons, rising by X% against the year before.Total exports indicated a slight expansion 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. based on 2021 figures, exports increased by +X% against 2016 indices.The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year.The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, chewing gum exports rose markedly to $X in 2021.Over the period under review, exports, however, continue to indicate a noticeable curtailment.The pace of growth appeared the most rapid in 2019 when exports increased by X level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Hungary (X tons), Russia (X tons) and Poland (X tons), together reaching X% of total export. The czech republic (X tons) ranks next in terms of the total exports with a X% share, followed by Belarus (X%), Slovakia (X%) and Lithuania (X%).

From 2012 to 2021, the biggest increases were in Belarus (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined X% share of total exports. The czech republic, slovakia, lithuania and belarus lagged somewhat behind, together accounting for a further X, with a cagr of +X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Poland ($X per ton), while Belarus ($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 other leaders experienced a decline in the export price figures.

Chewing Gum Imports

Imports in Eastern Europe

Chewing gum imports skyrocketed to X tons in 2021, jumping by X% against the previous year's figure.The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.The pace of growth was the most pronounced in 2017 with an increase of X volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, chewing gum imports reached $X in 2021.Total imports indicated a notable expansion from 2012 to 2021: its value 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. based on 2021 figures, imports increased by +X% against 2016 indices.The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year.The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, Russia (X tons) represented the major importer of chewing gum, mixing up X% of total imports. Poland (X tons) held the second position in the ranking, followed by the Czech Republic (X tons), Romania (X tons), Ukraine (X tons), Hungary (X tons), Belarus (X tons) and Bulgaria (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to chewing gum imports into Russia stood at +X%. At the same time, Belarus (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2012-2021. The czech republic experienced a relatively flat trend pattern. By contrast, Poland (-X%), Romania (-X%), Ukraine (-X%) and Bulgaria (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia, Belarus and Hungary increased by +X, +X and +X percentage points, respectively. The Czech Republic (-X p.p.), Bulgaria (-X p.p.), Ukraine (-X p.p.), Romania (-X p.p.) and Poland (-X p.p.) saw their shares reduced.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2021, together comprising X% of total imports. Romania, hungary, ukraine, bulgaria and belarus lagged somewhat behind, together comprising a further X terms of the main importing countries, Belarus, with a CAGR of +X%, recorded 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 import price in Eastern Europe amounted to $X per ton, shrinking by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. from 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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