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

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

The Asian market for non-soap washing and cleaning preparations fell slightly to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Non-Soap Washing and Cleaning Preparations in Asia

In value terms, non-soap washing and cleaning preparations production reduced modestly to $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.5% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 31% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Non-Soap Washing and Cleaning Preparations

Exports in Asia

For the seventh consecutive year, Asia recorded growth in shipments abroad of non-soap washing and cleaning preparations, which increased by 30% to X tons in 2022. In general, exports posted a strong increase. 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 amounted to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value 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, exports increased by +55.9% against 2014 indices. The pace of growth was the most pronounced in 2021 when exports increased by 12%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Indonesia represented the major exporter of non-soap washing and cleaning preparations in Asia, with the volume of exports finishing at X tons, which was approx. 46% of total exports in 2022. China (X tons) held the second position in the ranking, distantly followed by Turkey (X tons). All these countries together held approx. 25% share of total exports. Saudi Arabia (X tons), Thailand (X tons), South Korea (X tons), Malaysia (X tons), India (X tons), Vietnam (X tons), Japan (X tons) and Singapore (X tons) followed a long way behind the leaders.

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, Turkey (+9.7%), Saudi Arabia (+8.0%), Japan (+5.9%), Vietnam (+5.7%), Malaysia (+4.7%), South Korea (+4.3%), Singapore (+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 (+37 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (-1.6 p.p.), South Korea (-2 p.p.), Thailand (-5 p.p.), India (-5.3 p.p.) and China (-13.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-soap washing and cleaning preparations supplier in Asia, comprising 32% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 12% share of total exports. It was followed by Japan, with a 7.2% 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 amounted to $X per ton, shrinking by -13.9% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when the export price increased by 2.9% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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

In 2022, the amount of non-soap washing and cleaning preparations imported in Asia fell modestly to X tons, waning by -2.1% on the year before. Total imports indicated a buoyant expansion 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 +79.8% against 2012 indices. The growth pace was the most rapid in 2014 with an increase of 11%. Over the period under review, imports attained the maximum at X tons in 2021, and then declined slightly in the following year.

In value terms, non-soap washing and cleaning preparations imports amounted to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +77.5% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China represented the main importing country with an import of about X tons, which resulted at 20% of total imports. The United Arab Emirates (X tons) ranks second in terms of the total imports with a 5.3% share, followed by Malaysia (5.1%) and Turkey (4.6%). Kazakhstan (X tons), Japan (X tons), the Philippines (X tons), Iraq (X tons), Vietnam (X tons), Saudi Arabia (X tons), Israel (X tons), Hong Kong SAR (X tons) and India (X tons) held a little share of total imports.

Imports into China increased at an average annual rate of +8.8% from 2012 to 2022. At the same time, the United Arab Emirates (+11.1%), Vietnam (+10.8%), the Philippines (+10.2%), India (+8.4%), Saudi Arabia (+6.7%), Israel (+6.4%), Kazakhstan (+6.2%), Iraq (+4.2%), Malaysia (+3.1%), Turkey (+2.9%) and Japan (+2.3%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in Asia, with a CAGR of +11.1% from 2012-2022. Hong Kong SAR experienced a relatively flat trend pattern. China (+4.6 p.p.) and the United Arab Emirates (+2 p.p.) significantly strengthened its position in terms of the total imports, while Turkey, Malaysia, Japan and Hong Kong SAR saw its share reduced by -1.6%, -1.6%, -1.7% and -2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported non-soap washing and cleaning preparations in Asia, comprising 21% of total imports. The second position in the ranking was held by Turkey ($X), with a 6.4% share of total imports. It was followed by Japan, with a 5.8% share.

In China, non-soap washing and cleaning preparations imports increased at an average annual rate of +9.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (+4.1% per year) and Japan (+3.1% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, surging by 5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 6.9% against the previous year. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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