India: Market for Non-Soap Surface-Active Washing and Cleaning Preparations 2024

Market Size for Non-Soap Surface-Active Washing and Cleaning Preparations in India

In 2021, after five years of growth, there was decline in the Indian market for non-soap surface-active washing and cleaning preparations, when its value decreased by -2.5% to $X. The market value increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Over the period under review, the market hit record highs at $X in 2020, and then reduced in the following year.

Production of Non-Soap Surface-Active Washing and Cleaning Preparations in India

In value terms, production of non-soap surface-active washing and cleaning preparations contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 15% against the previous year. Over the period under review, production of hit record highs at $X in 2020, and then fell slightly in the following year.

Exports of Non-Soap Surface-Active Washing and Cleaning Preparations

Exports from India

In 2021, overseas shipments of non-soap surface-active washing and cleaning preparations increased by 11% to X tons, rising for the sixth year in a row after three years of decline. Over the period under review, exports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2019 when exports increased by 14%. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of non-soap surface-active washing and cleaning preparations soared to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Bangladesh (X tons), Nepal (X tons) and the United Arab Emirates (X tons) were the main destinations of exports of non-soap surface-active washing and cleaning preparations from India, with a combined 31% share of total exports. These countries were followed by the United States, Sri Lanka, Brazil, Saudi Arabia, Turkey, Thailand, Vietnam, the Philippines, Egypt and Myanmar, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +91.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-soap surface-active washing and cleaning preparations exported from India were Bangladesh ($X), the United States ($X) and the United Arab Emirates ($X), with a combined 27% share of total exports. These countries were followed by Nepal, Sri Lanka, Saudi Arabia, Brazil, Turkey, Thailand, Egypt, Vietnam, the Philippines and Myanmar, which together accounted for a further 33%.

In terms of the main countries of destination, Myanmar, with a CAGR of +81.2%, 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 average export price for non-soap surface-active washing and cleaning preparations stood at $X per ton in 2021, with an increase of 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Soap Surface-Active Washing and Cleaning Preparations

Imports into India

After three years of growth, overseas purchases of non-soap surface-active washing and cleaning preparations decreased by -1% to X tons in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +98.2% against 2017 indices. The pace of growth was the most pronounced in 2018 when imports increased by 38% against the previous year. Imports peaked at X tons in 2020, and then declined in the following year.

In value terms, imports of non-soap surface-active washing and cleaning preparations surged to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.9% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Vietnam (X tons) and the United States (X tons) were the main suppliers of imports of non-soap surface-active washing and cleaning preparations to India, with a combined 51% share of total imports. Malaysia, the United Arab Emirates, Germany, Thailand, Indonesia, Belgium, Singapore, Egypt, South Korea and Italy lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +135.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Vietnam ($X) constituted the largest non-soap surface-active washing and cleaning preparations suppliers to India, with a combined 46% share of total imports. These countries were followed by Germany, Belgium, Italy, Malaysia, Singapore, Thailand, South Korea, the United Arab Emirates, Indonesia and Egypt, which together accounted for a further 32%.

In terms of the main suppliers, Egypt, with a CAGR of +122.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for non-soap surface-active washing and cleaning preparations amounted to $X per ton, picking up by 29% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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