Latin America and the Caribbean: Room Deodorants Market 2025

Room Deodorants Market Size in Latin America and the Caribbean

The Latin American room deodorants market rose markedly to $X in 2022, surging by 11% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced slump. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Room Deodorants Production in Latin America and the Caribbean

In value terms, room deodorants production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Room Deodorants Exports

Exports in Latin America and the Caribbean

In 2022, after three years of growth, there was significant decline in shipments abroad of preparations for perfuming or deodorising rooms, when their volume decreased by -5.1% to X tons. Overall, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, room deodorants exports totaled $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +87.8% against 2015 indices. The pace of growth was the most pronounced in 2019 with an increase of 22%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Mexico dominates exports structure, reaching X tons, which was near 89% of total exports in 2022. It was distantly followed by Argentina (X tons), achieving a 7.1% share of total exports.

Mexico was also the fastest-growing in terms of the preparations for perfuming or deodorising rooms exports, with a CAGR of +8.0% from 2012 to 2022. Argentina (-4.8%) illustrated a downward trend over the same period. While the share of Mexico (+16 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Argentina (-13.5 p.p.) displayed negative dynamics.

In value terms, Mexico ($X) remains the largest room deodorants supplier in Latin America and the Caribbean, comprising 94% of total exports. The second position in the ranking was held by Argentina ($X), with a 3.1% share of total exports.

In Mexico, room deodorants exports increased at an average annual rate of +5.7% over the period from 2012-2022.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, with an increase of 15% against the previous year. Overall, the export price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in 2016 an increase of 24% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Argentina amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-2.2%).

Room Deodorants Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of preparations for perfuming or deodorising rooms were imported in Latin America and the Caribbean; with a decrease of -12.1% compared with the previous year's figure. Total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +12.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, room deodorants imports reduced to $X in 2022. The total import value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 26%. As a result, imports attained the peak of $X, and then dropped slightly in the following year.

Imports by Country

In 2022, Chile (X tons) and Mexico (X tons) were the largest importers of preparations for perfuming or deodorising rooms in Latin America and the Caribbean, together creating 47% of total imports. Colombia (X tons) held the next position in the ranking, followed by Guatemala (X tons). All these countries together took approx. 11% share of total imports. Uruguay (X tons), Panama (X tons), Argentina (X tons), the Dominican Republic (X tons), Trinidad and Tobago (X tons), Brazil (X tons), El Salvador (X tons), Bolivia (X tons) and Costa Rica (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of +17.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest room deodorants importing markets in Latin America and the Caribbean were Mexico ($X), Chile ($X) and Colombia ($X), with a combined 54% share of total imports. Guatemala, Panama, Argentina, the Dominican Republic, El Salvador, Uruguay, Costa Rica, Brazil, Trinidad and Tobago and Bolivia lagged somewhat behind, together accounting for a further 32%.

Among the main importing countries, Panama, with a CAGR of +20.5%, saw the highest growth rate of 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 2022, the import price in Latin America and the Caribbean amounted to $X per ton, with an increase of 11% against the previous year. In general, the import price, however, continues to indicate a slight descent. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 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 El Salvador ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :