Hong Kong SAR, China: Personal Anti-Perspirants Market 2024

Personal Anti-Perspirants Market Size in Hong Kong SAR, China

In 2022, the Hong Kong personal anti-perspirants market decreased by X% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption saw a abrupt decline. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Personal Anti-Perspirants Production in Hong Kong SAR, China

In value terms, personal anti-perspirants production surged to $X in 2022 estimated in export price. Overall, production, however, faced a deep reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Personal Anti-Perspirants Exports

Exports from Hong Kong SAR, China

In 2022, the amount of personal deodorants and anti-perspirants exported from Hong Kong SAR declined remarkably to X tons, waning by X% on the previous year's figure. Over the period under review, exports saw a noticeable downturn. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, personal anti-perspirants exports reduced rapidly to $X in 2022. In general, exports continue to indicate a slight decline. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Macao SAR (X tons) was the main destination for personal anti-perspirants exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, personal anti-perspirants exports to Macao SAR exceeded the volume sent to the second major destination, China (X tons), twofold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Macao SAR amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the UK (X% per year).

In value terms, Macao SAR ($X) emerged as the key foreign market for personal deodorants and anti-perspirants exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Macao SAR totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the UK (X% per year).

Export Prices by Country

The average personal anti-perspirants export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Japan ($X per ton), while the average price for exports to Macao SAR ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Anti-Perspirants Imports

Imports into Hong Kong SAR, China

In 2022, overseas purchases of personal deodorants and anti-perspirants decreased by X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports, however, recorded a notable increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, personal anti-perspirants imports shrank sharply to $X in 2022. In general, imports, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Singapore (X tons) and Thailand (X tons) were the main suppliers of personal anti-perspirants imports to Hong Kong SAR, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Singapore ($X) and Thailand ($X) were the largest personal anti-perspirants suppliers to Hong Kong SAR, with a combined X% share of total imports.

Thailand, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

The average personal anti-perspirants import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price showed modest growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Philippines ($X per ton) and Australia ($X per ton), while the price for Spain ($X per ton) and Singapore ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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