Canada: Bath Preparations Market 2024

Bath Preparations Market Size in Canada

The Canadian bath preparations market reached $X in 2021, flattening at the previous year. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.1% against 2019 indices. Bath preparations consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Bath Preparations Production in Canada

In value terms, bath preparations production expanded significantly to $X in 2021 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -19.7% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 41% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Bath Preparations Exports

Exports from Canada

In 2021, the amount of perfumed bath salts and other bath preparations exported from Canada soared to X tons, increasing by 55% on the previous year's figure. In general, exports, however, showed a slight downturn. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, bath preparations exports soared to $X in 2021. Overall, exports enjoyed a modest expansion. The most prominent rate of growth was recorded in 2015 with an increase of 56% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for bath preparations exports from Canada, with a approx. 96% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -1.2%.

In value terms, the United States ($X) also remains the key foreign market for perfumed bath salts and other bath preparations exports from Canada.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +2.4%.

Export Prices by Country

In 2021, the average bath preparations export price amounted to $X per ton, reducing by -20% against the previous year. Overall, the export price, however, posted temperate growth. The growth pace was the most rapid in 2015 an increase of 62% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +3.6% per year.

Bath Preparations Imports

Imports into Canada

After two years of decline, supplies from abroad of perfumed bath salts and other bath preparations increased by 15% to X tons in 2021. In general, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 when imports increased by 90% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, bath preparations imports skyrocketed to $X in 2021. Over the period under review, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -17.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 37%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of bath preparations imports to Canada, together comprising 90% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +10.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) were the largest bath preparations suppliers to Canada, with a combined 83% share of total imports.

China, with a CAGR of +4.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average bath preparations import price amounted to $X per ton, rising by 5.5% against the previous year. Over the period under review, the import price, however, showed a perceptible setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 51% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :