The global export of gum Arabic indicates a significant dominance by France with a market share of over 69%, reflecting a 2.04% growth from the previous year. The United States, although the second-largest exporter, experienced a slight decline. Italy and Spain saw notable increases, while the United Kingdom faced a sharp decline of over 10%. India and Brazil featured impressive growth rates, with Brazil increasing by over 18%. Emerging exporters like Indonesia and Denmark also showcased substantial growth with double-digit improvements.
Future trends to watch include potential growth in emerging markets and the diversification of exports by traditional leaders to new regions. This could lead to changes in the market dynamics, influenced by global trade policies, regional demands, and sustainability considerations. The rapid growth in countries like Indonesia may indicate a potential shift in production or supply strategies, affecting global gum Arabic distribution in the upcoming years.
Top countries in Export of Gum Arabic Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 69.36 | 2023 | +2% | +2.04% | View data |
| 2 | 2 United States | 6.16 | 2023 | -0.36% | -0.64% | View data |
| 3 | 3 Germany | 5.88 | 2023 | +0.44% | +0.27% | View data |
| 4 | 4 Italy | 4.74 | 2023 | +3.72% | +3.42% | View data |
| 5 | 5 United Kingdom | 1.94 | 2023 | -22.33% | -10.57% | View data |
| 6 | 6 Netherlands | 0.93 | 2023 | -0.53% | +1.22% | View data |
| 7 | 7 India | 0.67 | 2023 | -4.29% | +5.79% | View data |
| 8 | 8 South Africa | 0.63 | 2023 | +4.62% | +2.76% | View data |
| 9 | 9 Slovakia | 0.54 | 2023 | +6.5% | +3.24% | View data |
| 10 | 10 Senegal | 0.4 | 2023 | -2.89% | -5.17% | View data |
