Ireland: Bath Preparations Market 2024

Bath Preparations Market Size in Ireland

The Irish bath preparations market reduced sharply to $X in 2021, waning by -17.6% against the previous year. In general, consumption, however, continues to indicate a pronounced expansion. Bath preparations consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Bath Preparations Production in Ireland

In value terms, bath preparations production totaled $X in 2021 estimated in export price. Overall, production showed a precipitous decline. The pace of growth was the most pronounced in 2019 when the production volume increased by 7.6%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Bath Preparations Exports

Exports from Ireland

After two years of decline, overseas shipments of perfumed bath salts and other bath preparations increased by 83% to X tons in 2021. Overall, exports, however, showed a dramatic decline. The growth pace was the most rapid in 2018 when exports increased by 95% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, bath preparations exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a significant decline. The pace of growth appeared the most rapid in 2018 with an increase of 90% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for bath preparations exports from Ireland, accounting for a 73% share of total exports. Moreover, bath preparations exports to the UK exceeded the volume sent to the second major destination, the Netherlands (X tons), ninefold. Spain (X tons) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to -20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+45.6% per year) and Spain (+4.7% per year).

In value terms, the UK ($X) remains the key foreign market for perfumed bath salts and other bath preparations exports from Ireland, comprising 62% of total exports. The second position in the ranking was held by Spain ($X), with an 11% share of total exports. It was followed by the Netherlands, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at -29.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-6.6% per year) and the Netherlands (+21.3% per year).

Export Prices by Country

In 2021, the average bath preparations export price amounted to $X per ton, declining by -13.1% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Singapore ($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 Cyprus (-3.6%), while the prices for the other major destinations experienced a decline.

Bath Preparations Imports

Imports into Ireland

Bath preparations imports into Ireland shrank to X tons in 2021, which is down by -11.6% compared with the year before. In general, imports, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2013 with an increase of 79%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, bath preparations imports dropped sharply to $X in 2021. Over the period under review, imports, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2013 when imports increased by 89% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X tons) constituted the largest supplier of bath preparations to Ireland, with a 77% share of total imports. Moreover, bath preparations imports from the UK exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was held by Poland (X tons), with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume from the UK totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.3% per year) and Poland (+12.3% per year).

In value terms, the UK ($X) constituted the largest supplier of perfumed bath salts and other bath preparations to Ireland, comprising 66% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by Poland, with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.3% per year) and Poland (-1.7% per year).

Import Prices by Country

In 2021, the average bath preparations import price amounted to $X per ton, reducing by -10.1% against the previous year. Over the period under review, the import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 8.9% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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