Middle East: Chewing Gum Market 2022

Chewing Gum Market Size in the Middle East

The middle eastern chewing gum market reduced to $X in 2021, declining by -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).Overall, consumption, however, showed a noticeable reduction.As a result, consumption reached the peak level of $X. from 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Chewing Gum Production in the Middle East

In value terms, chewing gum production stood at $X in 2021 estimated in export price.Overall, production, however, saw a noticeable slump.The most prominent rate of growth was recorded in 2017 with an increase of X level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Chewing Gum Exports

Exports in the Middle East

In 2021, shipments abroad of chewing gum was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend.In general, exports, however, continue to indicate a perceptible contraction.The pace of growth appeared the most rapid in 2015 when exports increased by X volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, chewing gum exports surged to $X in 2021.Over the period under review, exports, however, continue to indicate a perceptible downturn.The growth pace was the most rapid in 2015 with an increase of X% against the previous year.The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) and saudi arabia (X tons) prevails in exports structure, together constituting X% of total exports. Oman (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (X%). Syrian arab republic (X tons) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Oman (with a CAGR of +X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Turkey ($X) remains the largest chewing gum supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (-X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, dropping by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 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 the United Arab Emirates ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

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

Chewing Gum Imports

Imports in the Middle East

In 2021, purchases abroad of chewing gum was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend.In general, imports, however, showed a noticeable downturn.The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, chewing gum imports amounted to $X in 2021.Overall, imports, however, recorded a slight downturn.The growth pace was the most rapid in 2017 with an increase of X the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The united arab emirates (X tons), yemen (X tons), iraq (X tons), saudi arabia (X tons), iran (X tons) and oman (X tons) represented roughly X% of total imports in 2021. It was distantly followed by Lebanon (X tons), generating a X% share of total imports.

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

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Iraq ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of total imports. These countries were followed by Iran, Oman, Yemen and Lebanon, which together accounted for a further X, with a cagr of +X%, recorded 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 the Middle East amounted to $X per ton, which is down by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020, and then dropped in the following year.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per ton), while Yemen ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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