Russian Federation: Bath Preparations Market 2024

Bath Preparations Market Size in the Russian Federation

The Russian bath preparations market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption showed a perceptible reduction. The growth pace was the most rapid in 2018 with an increase of 5.6%. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Bath Preparations Production in the Russian Federation

In value terms, bath preparations production expanded slightly to $X in 2021 estimated in export price. In general, production recorded a pronounced decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by 13%. Bath preparations production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Bath Preparations Exports

Exports from the Russian Federation

In 2021, overseas shipments of perfumed bath salts and other bath preparations increased by 6.2% to X tons, rising for the fourth year in a row after three years of decline. In general, total exports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +55.3% against 2017 indices. The pace of growth was the most pronounced in 2020 when exports increased by 36%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, bath preparations exports skyrocketed to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for bath preparations exports from Russia, accounting for a 33% share of total exports. Moreover, bath preparations exports to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X tons), twofold. Belarus (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Kazakhstan totaled +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-4.0% per year) and Belarus (+16.5% per year).

In value terms, Kazakhstan ($X), the United Arab Emirates ($X) and Ukraine ($X) appeared to be the largest markets for bath preparations exported from Russia worldwide, with a combined 65% share of total exports.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +197.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average bath preparations export price amounted to $X per ton, picking up by 19% against the previous year. In general, the export price, however, showed a perceptible decrease. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.8%), while the prices for the other major destinations experienced a decline.

Bath Preparations Imports

Imports into the Russian Federation

In 2021, overseas purchases of perfumed bath salts and other bath preparations increased by 35% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, saw a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 70%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bath preparations imports surged to $X in 2021. Over the period under review, imports, however, showed a noticeable descent. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Ukraine (X tons) and Belarus (X tons) were the main suppliers of bath preparations imports to Russia, with a combined 53% share of total imports. The UK, Poland, Israel, Italy, Germany and Sweden lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +8.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), China ($X) and Poland ($X) were the largest bath preparations suppliers to Russia, together accounting for 67% of total imports.

The UK, with a CAGR of +7.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bath preparations import price stood at $X per ton in 2021, increasing by 18% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bath preparations import price decreased by -1.0% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 51%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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