Thailand: Room Deodorants Market 2024

Room Deodorants Market Size in Thailand

The Thai room deodorants market expanded significantly to $X in 2022, picking up by 11% against the previous year. In general, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.7% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Room Deodorants Production in Thailand

In value terms, room deodorants production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 28%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Room Deodorants Exports

Exports from Thailand

In 2022, approx. X tons of preparations for perfuming or deodorising rooms were exported from Thailand; with a decrease of -3.2% on 2021. The total export volume increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 37% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, room deodorants exports rose to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 11%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for room deodorants exports from Thailand, with a 42% share of total exports. Moreover, room deodorants exports to Japan exceeded the volume sent to the second major destination, Malaysia (X tons), fivefold. The third position in this ranking was held by the United States (X tons), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume to Japan stood at +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+2.8% per year) and the United States (+11.1% per year).

In value terms, Japan ($X) remains the key foreign market for preparations for perfuming or deodorising rooms exports from Thailand, comprising 41% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by Malaysia, with a 5.2% share.

From 2012 to 2022, the average annual growth rate of value to Japan stood at -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+10.0% per year) and Malaysia (-0.5% per year).

Export Prices by Country

In 2022, the average room deodorants export price amounted to $X per ton, surging by 5.7% against the previous year. Over the period under review, the export price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2019 an increase of 39%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Room Deodorants Imports

Imports into Thailand

In 2022, imports of preparations for perfuming or deodorising rooms into Thailand skyrocketed to X tons, with an increase of 23% against the previous year. In general, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 41%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, room deodorants imports rose remarkably to $X in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.9% 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 +35.1% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest room deodorants supplier to Thailand, with a 74% share of total imports. Moreover, room deodorants imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold. The third position in this ranking was held by Japan (X tons), with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+19.2% per year) and Japan (+19.8% per year).

In value terms, China ($X) constituted the largest supplier of preparations for perfuming or deodorising rooms to Thailand, comprising 44% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 6.9% share of total imports. It was followed by Japan, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+20.0% per year) and Japan (+3.4% per year).

Import Prices by Country

The average room deodorants import price stood at $X per ton in 2022, declining by -8.1% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 26%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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