CIS: Scent Spray Market 2024

Scent Spray Market Size in CIS

The CIS scent spray market expanded sharply to $X in 2022, surging by X% against the previous year. In general, consumption saw a buoyant increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Scent Spray Production in CIS

In value terms, scent spray production expanded to $X in 2022 estimated in export price. In general, production showed significant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Scent Spray Exports

Exports in CIS

In 2022, approx. X tons of scent sprays were exported in the CIS; growing by X% on the previous year's figure. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, scent spray exports skyrocketed to $X in 2022. Over the period under review, exports recorded a remarkable increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Belarus was the largest exporter of scent sprays in the CIS, with the volume of exports reaching X tons, which was near X% of total exports in 2022. Russia (X tons) ranks second in terms of the total exports with a X% share, followed by Azerbaijan (X%), Uzbekistan (X%) and Armenia (X%).

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Armenia (X%), Azerbaijan (X%), Uzbekistan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Belarus (X p.p.), Azerbaijan (X p.p.), Uzbekistan (X p.p.) and Armenia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X), Belarus ($X) and Armenia ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Uzbekistan and Azerbaijan lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 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 Russia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Scent Spray Imports

Imports in CIS

Scent spray imports surged to X tons in 2022, increasing by X% on the previous year's figure. Over the period under review, imports, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, scent spray imports skyrocketed to $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the main importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by Belarus (X tons) and Uzbekistan (X tons), together creating a X% share of total imports. Azerbaijan (X tons), Armenia (X tons) and Moldova (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to scent spray imports into Russia stood at X%. At the same time, Belarus (X%), Azerbaijan (X%), Armenia (X%), Uzbekistan (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Belarus, Uzbekistan, Azerbaijan and Armenia increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported scent sprays in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports. It was followed by Moldova, with a X% share.

In Russia, scent spray imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Moldova (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

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

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

Source: IndexBox Platform

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