Asia-Pacific: Market for Non-Soap Washing and Cleaning Preparations 2024

Market Size for Non-Soap Washing and Cleaning Preparations in Asia-Pacific

The Asia-Pacific market for non-soap washing and cleaning preparations reached $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Production of Non-Soap Washing and Cleaning Preparations in Asia-Pacific

In value terms, non-soap washing and cleaning preparations production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2018 when the production volume increased by 18% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Non-Soap Washing and Cleaning Preparations

Exports in Asia-Pacific

In 2022, approx. X tons of non-soap washing and cleaning preparations were exported in Asia-Pacific; increasing by 37% compared with 2021. Overall, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-soap washing and cleaning preparations exports rose notably to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 +71.7% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Indonesia (X tons) was the major exporter of non-soap washing and cleaning preparations, comprising 55% of total exports. It was distantly followed by China (X tons), constituting a 20% share of total exports. Thailand (X tons), South Korea (X tons), Malaysia (X tons), India (X tons), Vietnam (X tons), Japan (X tons), Singapore (X tons) and Taiwan (Chinese) (X tons) held a minor share of total exports.

Indonesia was also the fastest-growing in terms of the non-soap washing and cleaning preparations exports, with a CAGR of +29.3% from 2012 to 2022. At the same time, Japan (+5.9%), Vietnam (+5.7%), Malaysia (+4.7%), South Korea (+4.3%), Singapore (+3.7%), Taiwan (Chinese) (+3.7%) and China (+2.9%) displayed positive paces of growth. Thailand experienced a relatively flat trend pattern. By contrast, India (-1.7%) illustrated a downward trend over the same period. While the share of Indonesia (+44 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (-2.2 p.p.), South Korea (-2.5 p.p.), Thailand (-6.3 p.p.), India (-6.7 p.p.) and China (-17.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-soap washing and cleaning preparations supplier in Asia-Pacific, comprising 38% of total exports. The second position in the ranking was held by Indonesia ($X), with a 15% share of total exports. It was followed by Japan, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +7.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (+15.2% per year) and Japan (+4.0% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, waning by -20.3% against the previous year. In general, the export price recorded a noticeable reduction. The growth pace was the most rapid in 2021 an increase of 3.3% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Indonesia ($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 (+4.2%), while the other leaders experienced more modest paces of growth.

Imports of Non-Soap Washing and Cleaning Preparations

Imports in Asia-Pacific

After ten years of growth, purchases abroad of non-soap washing and cleaning preparations decreased by -5.5% to X tons in 2022. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.5% against 2012 indices. The most prominent rate of growth was recorded in 2018 with an increase of 14% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, non-soap washing and cleaning preparations imports reached $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.8% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

China represented the largest importer of non-soap washing and cleaning preparations in Asia-Pacific, with the volume of imports reaching X tons, which was near 30% of total imports in 2022. It was distantly followed by Malaysia (X tons), Australia (X tons), Japan (X tons), the Philippines (X tons) and Vietnam (X tons), together generating a 31% share of total imports. Hong Kong SAR (X tons), India (X tons), Singapore (X tons), Taiwan (Chinese) (X tons), South Korea (X tons), Thailand (X tons) and Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-soap washing and cleaning preparations imports into China stood at +8.8%. At the same time, Vietnam (+10.8%), the Philippines (+10.2%), India (+8.4%), South Korea (+6.1%), Thailand (+4.4%), Indonesia (+3.5%), Australia (+3.4%), Malaysia (+3.1%), Taiwan (Chinese) (+2.5%), Japan (+2.3%) and Singapore (+2.3%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +10.8% from 2012-2022. Hong Kong SAR experienced a relatively flat trend pattern. From 2012 to 2022, the share of China, Vietnam and the Philippines increased by +6.9, +2 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported non-soap washing and cleaning preparations in Asia-Pacific, comprising 28% of total imports. The second position in the ranking was held by Australia ($X), with an 8.6% share of total imports. It was followed by Japan, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +9.5%. The remaining importing countries recorded the following average annual rates of imports growth: Australia (+5.8% per year) and Japan (+3.1% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, with an increase of 6.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 8.4%. The level of import peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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