Report Update Nov 1, 2024

Myanmar - Perfumed Bath Salts and Other Bath Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Bath Preparations Market 2024

Bath Preparations Market Size in Myanmar

In 2021, the Myanmar's bath preparations market decreased by -74.2% to $X, falling for the third consecutive year after two years of growth. Overall, consumption saw a dramatic contraction. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Bath Preparations Exports

Exports from Myanmar

In 2021, shipments abroad of perfumed bath salts and other bath preparations decreased by -0.4% to X kg, falling for the sixth year in a row after four years of growth. Over the period under review, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2015 when exports increased by 56% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, bath preparations exports skyrocketed to $X in 2021. In general, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2015 with an increase of 53% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Vietnam (X kg) was the main destination for bath preparations exports from Myanmar, with a 96% share of total exports. It was followed by Germany (X kg), with a 2.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Vietnam stood at -20.4%.

In value terms, Vietnam ($X) remains the key foreign market for perfumed bath salts and other bath preparations exports from Myanmar, comprising 93% of total exports. The second position in the ranking was held by Germany ($X), with a 3.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Vietnam totaled -15.8%.

Export Prices by Country

The average bath preparations export price stood at $X per ton in 2021, increasing by 45% against the previous year. In general, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 70%. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Vietnam stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+102.5%).

Bath Preparations Imports

Imports into Myanmar

In 2021, supplies from abroad of perfumed bath salts and other bath preparations decreased by -71.4% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 1,311% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, bath preparations imports contracted significantly to $X in 2021. Overall, imports saw a dramatic contraction. The pace of growth appeared the most rapid in 2015 with an increase of 1,036%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest supplier of bath preparations to Myanmar, with a 86% share of total imports. Moreover, bath preparations imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the Philippines (X kg), more than tenfold. The third position in this ranking was held by Singapore (X kg), with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +37.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (-26.4% per year) and Singapore (-33.8% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of perfumed bath salts and other bath preparations to Myanmar, comprising 75% of total imports. The second position in the ranking was held by the Philippines ($X), with a 4.8% share of total imports. It was followed by Malaysia, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates totaled +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (-28.4% per year) and Malaysia (-46.6% per year).

Import Prices by Country

The average bath preparations import price stood at $X per ton in 2021, reducing by -9.7% against the previous year. Overall, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 24% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for perfumed bath salts and other bath preparations in the world?

China constituted the country with the largest volume of bath preparations consumption, accounting for 22% of total volume. Moreover, bath preparations consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.1% share.

What are the largest producers of perfumed bath salts and other bath preparations in the world?

The country with the largest volume of bath preparations production was China, comprising approx. 28% of total volume. Moreover, bath preparations production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of perfumed bath salts and other bath preparations to Myanmar?

In value terms, Malaysia constituted the largest supplier of bath preparations to Myanmar, comprising 71% of total imports. The second position in the ranking was occupied by China, with an 18% share of total imports. It was followed by Singapore, with a 7.5% share.

What are the leading importers of perfumed bath salts and other bath preparations from Myanmar?

In value terms, Vietnam remains the key foreign market for bath preparations exports from Myanmar.

What is the average export price for perfumed bath salts and other bath preparations in Myanmar?

The average bath preparations export price stood at $3,839 per ton in 2020, reducing by -1.8% against the previous year.

What is the average import price for perfumed bath salts and other bath preparations in Myanmar?

In 2020, the average bath preparations import price amounted to $2,990 per ton, rising by 23% against the previous year.

This report provides an in-depth analysis of the bath preparations market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20421975 - Perfumed bath salts and other bath preparations

Country coverage:

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023