Middle East: Bath Preparations Market 2024

Bath Preparations Market Size in the Middle East

In 2021, the Middle Eastern bath preparations market decreased by -8.7% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2020, and then dropped in the following year.

Bath Preparations Production in the Middle East

In value terms, bath preparations production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 27%. Over the period under review, production attained the peak level at $X in 2020, and then reduced in the following year.

Bath Preparations Exports

Exports in the Middle East

In 2021, overseas shipments of perfumed bath salts and other bath preparations increased by 12% to X tons, rising for the fourth consecutive year after two years of decline. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2019 when exports increased by 72% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, bath preparations exports shrank to $X in 2021. Over the period under review, exports showed a prominent increase. The pace of growth was the most pronounced in 2019 when exports increased by 108% against the previous year. The level of export peaked at $X in 2020, and then declined in the following year.

Exports by Country

The United Arab Emirates (X tons) and Turkey (X tons) dominates exports structure, together achieving 88% of total exports. Israel (X tons), Jordan (X tons), Saudi Arabia (X tons) and Lebanon (X tons) held a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Lebanon (with a CAGR of +32.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest bath preparations supplier in the Middle East, comprising 69% of total exports. The second position in the ranking was taken by Turkey ($X), with a 22% share of total exports. It was followed by Israel, with a 3.3% share.

In the United Arab Emirates, bath preparations exports increased at an average annual rate of +8.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkey (+15.2% per year) and Israel (-6.7% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, waning by -22.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 21%. The level of export peaked at $X per ton in 2020, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.4%), while the other leaders experienced more modest paces of growth.

Bath Preparations Imports

Imports in the Middle East

For the third consecutive year, the Middle East recorded growth in overseas purchases of perfumed bath salts and other bath preparations, which increased by 4.5% to X tons in 2021. The total import volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when imports increased by 17% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, bath preparations imports contracted sharply to $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when imports increased by 32%. Over the period under review, imports hit record highs at $X in 2020, and then fell sharply in the following year.

Imports by Country

The United Arab Emirates (X tons), Turkey (X tons) and Saudi Arabia (X tons) represented roughly 64% of total imports in 2021. Iraq (X tons) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by Oman (5.9%) and Kuwait (5.7%). Israel (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq (with a CAGR of +27.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2021, with a combined 58% share of total imports. Oman, Iraq, Turkey and Israel lagged somewhat behind, together accounting for a further 30%.

In terms of the main importing countries, Iraq, with a CAGR of +29.2%, recorded 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

The import price in the Middle East stood at $X per ton in 2021, which is down by -18.8% against the previous year. In general, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2019 when the import price increased by 17%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Kuwait ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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