Asia-Pacific: Market for Organic Surface-Active Products For Washing The Skin 2022

Market Size for Organic Surface-Active Products For Washing The Skin in Asia-Pacific

The Asia-Pacific skin organic surface-active products market dropped to $X in 2021, which is down by -7% against the previous year. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +82.0% against 2013 indices. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Production of Organic Surface-Active Products For Washing The Skin in Asia-Pacific

In value terms, skin organic surface-active products production shrank to $X in 2021 estimated in export price. The total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +85.4% against 2013 indices. The growth pace was the most rapid in 2016 with an increase of 29% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Exports of Organic Surface-Active Products For Washing The Skin

Exports in Asia-Pacific

After four years of growth, overseas shipments of organic surface-active products for washing the skin decreased by -12.1% to X tons in 2021. Overall, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 49%. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, skin organic surface-active products exports skyrocketed to $X in 2021. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 38% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

In 2021, China (X tons) represented the key exporter of organic surface-active products for washing the skin, mixing up 30% of total exports. It was distantly followed by Thailand (X tons), Japan (X tons), South Korea (X tons), Malaysia (X tons), Indonesia (X tons) and Vietnam (X tons), together comprising a 57% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to skin organic surface-active products exports from China stood at +3.9%. At the same time, South Korea (+38.2%), Japan (+30.9%), Indonesia (+19.3%), Malaysia (+17.2%), Vietnam (+15.2%) and Thailand (+10.6%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +38.2% from 2012-2021. Japan (+11 p.p.), South Korea (+7.4 p.p.), Malaysia (+3.1 p.p.) and Indonesia (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -24.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest skin organic surface-active products supplier in Asia-Pacific, comprising 38% of total exports. The second position in the ranking was taken by South Korea ($X), with a 17% share of total exports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Japan amounted to +30.8%. In the other countries, the average annual rates were as follows: South Korea (+43.8% per year) and China (+7.7% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, growing by 41% against the previous year. Export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export 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 Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.0%), while the other leaders experienced more modest paces of growth.

Imports of Organic Surface-Active Products For Washing The Skin

Imports in Asia-Pacific

In 2021, approx. X tons of organic surface-active products for washing the skin were imported in Asia-Pacific; increasing by 35% on 2020. In general, imports posted a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of 39%. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, skin organic surface-active products imports skyrocketed to $X in 2021. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China represented the largest importer of organic surface-active products for washing the skin in Asia-Pacific, with the volume of imports resulting at X tons, which was near 40% of total imports in 2021. It was distantly followed by Australia (X tons), Japan (X tons), Singapore (X tons), South Korea (X tons) and Malaysia (X tons), together constituting a 35% share of total imports. Vietnam (X tons), Taiwan (Chinese) (X tons), the Philippines (X tons), Thailand (X tons), Indonesia (X tons), Myanmar (X tons) and Macao SAR (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the organic surface-active products for washing the skin imports, with a CAGR of +64.8% from 2012 to 2021. At the same time, Vietnam (+32.1%), Malaysia (+23.8%), Singapore (+22.2%), Indonesia (+21.6%), the Philippines (+20.3%), Australia (+14.8%), South Korea (+13.5%), Myanmar (+8.9%), Thailand (+8.5%), Japan (+8.5%) and Taiwan (Chinese) (+2.4%) displayed positive paces of growth. Macao SAR experienced a relatively flat trend pattern. From 2012 to 2021, the share of China, Vietnam, Singapore and Malaysia increased by +38, +2.8, +2.3 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported organic surface-active products for washing the skin in Asia-Pacific, comprising 61% of total imports. The second position in the ranking was taken by Japan ($X), with a 5.7% share of total imports. It was followed by Macao SAR, with a 5.3% share.

In China, skin organic surface-active products imports increased at an average annual rate of +68.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+12.6% per year) and Macao SAR (+26.1% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, rising by 41% against the previous year. Import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, skin organic surface-active products import price increased by +84.7% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Macao SAR ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Macao SAR (+26.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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