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Guatemala - Chewing Gum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChewing Gum Price in Guatemala - 2023
Contents:
- Chewing Gum Price in Guatemala (CIF) - 2023
- Chewing Gum Price in Guatemala (FOB) - 2023
- Chewing Gum Imports in Guatemala
- Chewing Gum Exports in Guatemala
Chewing Gum Price in Guatemala (CIF) - 2023
The average chewing gum import price stood at $3,082 per ton in June 2023, shrinking by -6.9% against the previous month. Overall, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 12% month-to-month. Over the period under review, average import prices attained the maximum at $3,583 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Ecuador ($3,903 per ton), while the price for China ($2,384 per ton) was amongst the lowest.
From October 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ecuador (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Chewing Gum Price in Guatemala (FOB) - 2023
In June 2023, the average chewing gum export price amounted to $2,189 per ton, surging by 6.1% against the previous month. Over the last eight months, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in December 2022 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices attained the peak figure in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was El Salvador ($2,796 per ton), while the average price for exports to Honduras ($1,825 per ton) was amongst the lowest.
From October 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Chewing Gum Imports in Guatemala
In 2022, approx. 5.4K tons of chewing gum were imported into Guatemala; shrinking by -6.9% compared with 2021 figures. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of 5.8K tons, and then reduced in the following year.
In value terms, chewing gum imports expanded notably to $18M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 51%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Chewing Gum in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 11.1 | 8.2 | 11.4 | 13.2 | 5.9% |
China | 1.4 | 2.2 | 4.4 | 4.0 | 41.9% |
Others | 1.5 | 0.5 | 0.7 | 0.8 | -18.9% |
Total | 14.0 | 10.9 | 16.4 | 18.0 | 8.7% |
Top Suppliers of Chewing Gum to Guatemala in 2022:
- Mexico (3.8K tons)
- China (1.4K tons)
Chewing Gum Exports in Guatemala
In 2022, the amount of chewing gum exported from Guatemala reduced to 2.4K tons, with a decrease of -1.6% on the previous year's figure. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports reached the peak of 2.4K tons, and then fell modestly in the following year.
In value terms, chewing gum exports expanded significantly to $4.6M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Chewing Gum in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 1,482 | 1,435 | 1,990 | 2,033 | 11.1% |
Dominican Republic | 1,052 | 720 | 1,065 | 1,003 | -1.6% |
Nicaragua | 309 | 307 | 406 | 618 | 26.0% |
Costa Rica | 352 | 354 | 401 | 507 | 12.9% |
El Salvador | 175 | 160 | 292 | 356 | 26.7% |
Others | 187 | 67.3 | 238 | 123 | -13.0% |
Total | 3,557 | 3,044 | 4,390 | 4,639 | 9.3% |
Top Export Markets for Chewing Gum from Guatemala in 2022:
- Honduras (1130.0 tons)
- Dominican Republic (531.0 tons)
- Nicaragua (293.2 tons)
- Costa Rica (225.8 tons)
- El Salvador (155.9 tons)
This report provides an in-depth analysis of the chewing gum market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10822310 - Chewing gum
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the chewing gum market in Guatemala.
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Global chewing gum market analysis from 2013 to 2023, including consumption, production, imports, and exports. The market is expected to show growth in both volume and value terms over the next seven years.
Discover the top import markets for candy and confectionery around the world, including the United States, United Kingdom, Germany, Canada, France, Netherlands, China, Belgium, Poland, and Sweden. With billions of dollars in imports, these countries showcase the universal love for indulgent treats. Stay informed about the latest trends and statistics in the dynamic confectionery industry with market intelligence platforms like IndexBox.
In value terms, sugars and chemically pure imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern r...
In value terms, sugars and chemically pure exports amounted to $X in 2016. In general, sugars and chemically pure exports continue to indicate a relatively flat trend pattern. Global sugars and che...
In 2016, approx. X tons of confectionery were imported worldwide- reducing by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
In 2016, approx. X tons of confectionery were imported worldwide- reducing by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
Global chewing gum market analysis from 2013 to 2023, including consumption, production, imports, and exports. The market is expected to show growth in both volume and value terms over the next seven years.
Discover the top import markets for candy and confectionery around the world, including the United States, United Kingdom, Germany, Canada, France, Netherlands, China, Belgium, Poland, and Sweden. With billions of dollars in imports, these countries showcase the universal love for indulgent treats. Stay informed about the latest trends and statistics in the dynamic confectionery industry with market intelligence platforms like IndexBox.
In value terms, sugars and chemically pure imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern r...
In value terms, sugars and chemically pure exports amounted to $X in 2016. In general, sugars and chemically pure exports continue to indicate a relatively flat trend pattern. Global sugars and che...