Iran: Bath Preparations Market 2024

Bath Preparations Market Size in Iran

The Iranian bath preparations market shrank to $X in 2021, approximately equating the previous year. Overall, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Bath Preparations Production in Iran

In value terms, bath preparations production fell to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 41% against the previous year. Bath preparations production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Bath Preparations Exports

Exports from Iran

Bath preparations exports from Iran contracted to X tons in 2021, approximately mirroring the previous year's figure. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 897% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, bath preparations exports declined to $X in 2021. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of 549%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Azerbaijan (X tons) was the main destination for bath preparations exports from Iran, accounting for a 86% share of total exports. Moreover, bath preparations exports to Azerbaijan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Azerbaijan totaled +23.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (0.0% per year) and Australia (0.0% per year).

In value terms, Azerbaijan ($X) remains the key foreign market for perfumed bath salts and other bath preparations exports from Iran, comprising 75% of total exports. The second position in the ranking was taken by Australia ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Azerbaijan totaled -7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (0.0% per year) and Kyrgyzstan (0.0% per year).

Export Prices by Country

The average bath preparations export price stood at $X per ton in 2021, shrinking by -8.5% against the previous year. In general, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 165% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while the average price for exports to Kyrgyzstan ($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 Turkey (+27.2%), while the prices for the other major destinations experienced a decline.

Bath Preparations Imports

Imports into Iran

In 2021, purchases abroad of perfumed bath salts and other bath preparations increased by 283% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, bath preparations imports soared to $X in 2021. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main bath preparations supplier to Iran, with a 93% share of total imports. It was followed by China (X tons), with a 2.7% share of total imports. The third position in this ranking was taken by Italy (X tons), with a 1.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +50.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.6% per year) and Italy (-25.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of perfumed bath salts and other bath preparations to Iran, comprising 96% of total imports. The second position in the ranking was taken by China ($X), with a 1.1% share of total imports. It was followed by the United Arab Emirates, with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +69.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.8% per year) and the United Arab Emirates (-38.4% per year).

Import Prices by Country

In 2021, the average bath preparations import price amounted to $X per ton, picking up by 26% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+12.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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