New Zealand: Chewing Gum Market 2022

Chewing Gum Market Size in New Zealand

In 2021, the new zealand chewing gum market was finally on the rise to reach $X after five years of decline.In general, consumption recorded a relatively flat trend pattern.As a result, consumption attained the peak level of $X. from 2016 to 2021, the growth of the market failed to regain momentum.

Chewing Gum Production in New Zealand

In value terms, chewing gum production surged to $X in 2021 estimated in export price.In general, production, however, saw a abrupt downturn.The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year.As a result, production attained the peak level of $X. from 2016 to 2021, production growth remained at a somewhat lower figure.

Chewing Gum Exports

Exports from New Zealand

Chewing gum exports from new zealand fell to X tons in 2021, which is down by -X% against the previous year's figure.Overall, exports saw a mild decline.The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year.As a result, the exports attained the peak of X tons. from 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, chewing gum exports skyrocketed to $X in 2021.In general, exports, however, continue to indicate a relatively flat trend pattern.As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The uk (X tons), Niue (X tons) and Australia (X tons) were the main destinations of chewing gum exports from New Zealand, together accounting for X% of total exports.

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

In value terms, Australia ($X), the UK ($X) and the United States ($X) constituted the largest markets for chewing gum exported from New Zealand worldwide, together accounting for X% of total exports.

Among the main countries of destination, the UK, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chewing gum export price stood at $X per ton in 2021, jumping by X% against the previous year. In general, the export price posted a perceptible expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Samoa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tonga (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Chewing Gum Imports

Imports into New Zealand

In 2021, approx. X tons of chewing gum were imported into new zealand; increasing by X% compared with 2020.Overall, imports, however, recorded a abrupt decline.The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year.Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, chewing gum imports skyrocketed to $X in 2021.Over the period under review, imports, however, showed a pronounced reduction.Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Australia (X tons) constituted the largest supplier of chewing gum to New Zealand, accounting for a X% share of total imports. Moreover, chewing gum imports from Australia exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Australia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Spain (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of chewing gum to New Zealand, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with an X% share of total imports. It was followed by Mexico, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Australia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2021, the average chewing gum import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated resilient growth from 2012 to 2021: its price 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, chewing gum import price increased by +X% against 2019 indices.As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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