Australia and Oceania: Bath Preparations Market 2024

Bath Preparations Market Size in Australia and Oceania

The bath preparations market in Australia and Oceania shrank to $X in 2021, declining by -13.8% against the previous year. Over the period under review, consumption showed a noticeable descent. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Bath Preparations Production in Australia and Oceania

In value terms, bath preparations production fell dramatically to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2015 when the production volume increased by 206% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Bath Preparations Exports

Exports in Australia and Oceania

In 2021, the amount of perfumed bath salts and other bath preparations exported in Australia and Oceania soared to X tons, picking up by 76% against the year before. Over the period under review, exports posted a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by 162%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, bath preparations exports skyrocketed to $X in 2021. In general, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2019 when exports increased by 137% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

Australia was the major exporter of perfumed bath salts and other bath preparations in Australia and Oceania, with the volume of exports finishing at X tons, which was near 87% of total exports in 2021. It was distantly followed by New Zealand (X tons), generating a 13% share of total exports.

Australia was also the fastest-growing in terms of the perfumed bath salts and other bath preparations exports, with a CAGR of +17.7% from 2012 to 2021. New Zealand experienced a relatively flat trend pattern. Australia (+25 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -23.8% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest bath preparations supplier in Australia and Oceania, comprising 87% of total exports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total exports.

In Australia, bath preparations exports expanded at an average annual rate of +17.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, remaining stable against the previous year. In general, the export price, however, saw a slight contraction. The pace of growth appeared the most rapid in 2020 an increase of 10% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-0.4%).

Bath Preparations Imports

Imports in Australia and Oceania

In 2021, overseas purchases of perfumed bath salts and other bath preparations were finally on the rise to reach X tons after three years of decline. In general, imports posted moderate growth. The most prominent rate of growth was recorded in 2016 when imports increased by 144% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, bath preparations imports surged to $X in 2021. Over the period under review, imports showed a tangible expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 156% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Australia (X tons) was the key importer of perfumed bath salts and other bath preparations, making up 69% of total imports. It was distantly followed by New Zealand (X tons), creating a 28% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to bath preparations imports into Australia stood at +2.1%. At the same time, New Zealand (+6.8%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +6.8% from 2012-2021. New Zealand (+7.5 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -7% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported perfumed bath salts and other bath preparations in Australia and Oceania, comprising 66% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 32% share of total imports.

In Australia, bath preparations imports increased at an average annual rate of +3.7% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, growing by 3.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2020 when the import price increased by 37%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+1.6%).

Source: IndexBox Platform

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