India: Room Deodorants Market 2024

Room Deodorants Market Size in India

The Indian room deodorants market skyrocketed to $X in 2022, with an increase of 27% against the previous year. In general, consumption showed strong growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Room Deodorants Production in India

In value terms, room deodorants production surged to $X in 2022 estimated in export price. In general, production recorded strong growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 94% against the previous year. Room deodorants production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Room Deodorants Exports

Exports from India

After three years of growth, overseas shipments of preparations for perfuming or deodorising rooms decreased by -13% to X tons in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, room deodorants exports dropped rapidly to $X in 2022. Overall, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +11.0% against 2017 indices. The growth pace was the most rapid in 2021 when exports increased by 40%. As a result, the exports reached the peak of $X, and then shrank dramatically in the following year.

Exports by Country

The United States (X tons), the United Arab Emirates (X tons) and Nigeria (X tons) were the main destinations of room deodorants exports from India, together comprising 21% of total exports. Malaysia, the UK, South Africa, Mexico, Brazil, Bangladesh, Chile, Nepal, Spain and Sudan lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +22.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for preparations for perfuming or deodorising rooms exports from India, comprising 15% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.2% share of total exports. It was followed by the UK, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+5.4% per year) and the UK (+5.5% per year).

Export Prices by Country

In 2022, the average room deodorants export price amounted to $X per ton, declining by -7% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, room deodorants export price decreased by -9.8% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 19%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Room Deodorants Imports

Imports into India

For the fourth consecutive year, India recorded decline in overseas purchases of preparations for perfuming or deodorising rooms, which decreased by -7.5% to X tons in 2022. In general, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 75% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, room deodorants imports rose to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 37% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Vietnam (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of room deodorants imports to India, together comprising 66% of total imports. China, France, the United Arab Emirates and Bulgaria lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +49.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), France ($X) and Malaysia ($X) appeared to be the largest room deodorants suppliers to India, with a combined 57% share of total imports.

France, with a CAGR of +45.1%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average room deodorants import price amounted to $X per ton, growing by 13% against the previous year. Overall, the import price showed a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 114%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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