Northern America: Bath Preparations Market 2024

Bath Preparations Market Size in Northern America

In 2021, the North American bath preparations market increased by 10% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, showed a slight decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Bath Preparations Production in Northern America

In value terms, bath preparations production rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible descent. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Bath Preparations Exports

Exports in Northern America

In 2021, the amount of perfumed bath salts and other bath preparations exported in Northern America surged to X tons, with an increase of 20% against the year before. Total exports indicated mild growth from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 30% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, bath preparations exports totaled $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States was the main exporter of perfumed bath salts and other bath preparations in Northern America, with the volume of exports finishing at X tons, which was near 65% of total exports in 2021. It was distantly followed by Canada (X tons), committing a 35% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United States (with a CAGR of +4.6%).

In value terms, the largest bath preparations supplying countries in Northern America were the United States ($X) and Canada ($X).

In terms of the main exporting countries, Canada, with a CAGR of +1.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, dropping by -15.5% against the previous year. In general, the export price recorded a noticeable contraction. The growth pace was the most rapid in 2014 an increase of 14%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.7%).

Bath Preparations Imports

Imports in Northern America

After two years of decline, overseas purchases of perfumed bath salts and other bath preparations increased by 16% to X tons in 2021. Over the period under review, imports continue to indicate a pronounced increase. The pace of growth was the most pronounced in 2018 when imports increased by 65% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bath preparations imports soared to $X in 2021. In general, imports saw buoyant growth. The growth pace was the most rapid in 2018 when imports increased by 54% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States represented the major importing country with an import of around X tons, which amounted to 74% of total imports. It was distantly followed by Canada (X tons), mixing up a 26% share of total imports.

Imports into the United States increased at an average annual rate of +4.2% from 2012 to 2021. At the same time, Canada (+6.4%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +6.4% from 2012-2021. From 2012 to 2021, the share of Canada increased by +3.3 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported perfumed bath salts and other bath preparations in Northern America, comprising 78% of total imports. The second position in the ranking was taken by Canada ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +7.8%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, growing by 9.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2016 when the import price increased by 33%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.4%).

Source: IndexBox Platform

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