Eastern Asia: Bath Preparations Market 2024

Bath Preparations Market Size in Eastern Asia

The East Asian bath preparations market reached $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Bath Preparations Production in Eastern Asia

In value terms, bath preparations production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Bath Preparations Exports

Exports in Eastern Asia

In 2022, overseas shipments of perfumed bath salts and other bath preparations decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports saw a pronounced contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, bath preparations exports fell slightly to $X in 2022. Total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China represented the key exporter of perfumed bath salts and other bath preparations in Eastern Asia, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Hong Kong SAR (X tons), mixing up a X% share of total exports. The following exporters - Japan (X tons) and Taiwan (Chinese) (X tons) - each accounted for a X% share of total exports.

Exports from China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest bath preparations supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, bath preparations exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bath preparations export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Bath Preparations Imports

Imports in Eastern Asia

In 2022, supplies from abroad of perfumed bath salts and other bath preparations decreased by X% to X tons, falling for the fourth year in a row after seven years of growth. Overall, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2016 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, bath preparations imports reduced to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hong Kong SAR (X tons) and Japan (X tons) were the largest importers of perfumed bath salts and other bath preparations in 2022, recording near X% and X% of total imports, respectively. Taiwan (Chinese) (X tons) held the next position in the ranking, followed by China (X tons) and South Korea (X tons). All these countries together took approx. X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest bath preparations importing markets in Eastern Asia were Japan ($X), Hong Kong SAR ($X) and South Korea ($X), with a combined X% share of total imports.

In terms of the main importing countries, Japan, with a CAGR of X%, saw the highest growth rate of 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 2022, the import price in Eastern Asia amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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