GCC: Room Deodorants Market 2024

Room Deodorants Market Size in GCC

The GCC room deodorants market skyrocketed to $X in 2022, growing by 29% against the previous year. Over the period under review, consumption continues to indicate a buoyant increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Room Deodorants Production in GCC

In value terms, room deodorants production totaled $X in 2022 estimated in export price. Over the period under review, production posted strong growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 92% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Room Deodorants Exports

Exports in GCC

In 2022, after three years of growth, there was significant decline in overseas shipments of preparations for perfuming or deodorising rooms, when their volume decreased by -62.7% to X tons. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 43%. The volume of export peaked at X tons in 2021, and then dropped dramatically in the following year.

In value terms, room deodorants exports shrank remarkably to $X in 2022. Over the period under review, exports continue to indicate a slight reduction. The pace of growth was the most pronounced in 2013 when exports increased by 56%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped markedly in the following year.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the major exporter of preparations for perfuming or deodorising rooms, generating 46% of total exports. Saudi Arabia (X tons) held the second position in the ranking, distantly followed by Bahrain (X tons) and Oman (X tons). All these countries together took near 50% share of total exports. Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of +27.1%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Bahrain ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 88% of total exports.

Bahrain, with a CAGR of +10.3%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, increasing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2016 an increase of 18%. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Oman ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+14.0%), while the other leaders experienced more modest paces of growth.

Room Deodorants Imports

Imports in GCC

In 2022, imports of preparations for perfuming or deodorising rooms in GCC fell slightly to X tons, therefore, remained relatively stable against the previous year. Over the period under review, imports, however, continue to indicate tangible growth. The growth pace was the most rapid in 2013 when imports increased by 114% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, room deodorants imports declined 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 +38.3% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of 45% against the previous year. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) prevails in imports structure, together creating 83% of total imports. It was distantly followed by Kuwait (X tons), constituting an 8% share of total imports. The following importers - Qatar (X tons) and Bahrain (X tons) - each recorded a 7.9% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Saudi Arabia (with a CAGR of +7.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest room deodorants importing markets in GCC were the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X), together comprising 87% of total imports.

Kuwait, with a CAGR of +13.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, which is down by -10.4% against the previous year. Import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the import price increased by 58% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform