Latin America and the Caribbean: Personal Anti-Perspirants Market 2024

Personal Anti-Perspirants Market Size in Latin America and the Caribbean

In 2022, the Latin American personal anti-perspirants market was finally on the rise to reach $X for the first time since 2016, thus ending a five-year declining trend. Over the period under review, consumption, however, recorded a slight setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Personal Anti-Perspirants Production in Latin America and the Caribbean

In value terms, personal anti-perspirants production fell to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible setback. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Personal Anti-Perspirants Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of personal deodorants and anti-perspirants decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, personal anti-perspirants exports rose markedly to $X in 2022. In general, exports continue to indicate a pronounced setback. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Mexico (X tons) was the key exporter of personal deodorants and anti-perspirants, committing X% of total exports. Brazil (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (X%), Colombia (X%) and Guatemala (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Colombia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest personal anti-perspirants supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Argentina, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (X%), while the other leaders experienced mixed trends in the export price figures.

Personal Anti-Perspirants Imports

Imports in Latin America and the Caribbean

For the fifth year in a row, LatAmerica and the Caribbean recorded decline in overseas purchases of personal deodorants and anti-perspirants, which decreased by X% to X tons in 2022. In general, imports continue to indicate a noticeable decline. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, personal anti-perspirants imports rose notably to $X in 2022. Over the period under review, imports showed a pronounced descent. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The purchases of the twelve major importers of personal deodorants and anti-perspirants, namely Chile, Mexico, Colombia, Guatemala, Peru, the Dominican Republic, Brazil, Ecuador, El Salvador, Costa Rica, Argentina and Honduras, represented more than two-thirds of total import. Panama (X tons) followed a long way behind the leaders.

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

In value terms, Chile ($X), Mexico ($X) and Colombia ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Guatemala, Brazil, Peru, Ecuador, the Dominican Republic, El Salvador, Argentina, Costa Rica, Honduras and Panama lagged somewhat behind, together accounting for a further X%.

The Dominican Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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