Turkey: Bath Preparations Market 2024

Bath Preparations Market Size in Turkey

The Turkish bath preparations market fell slightly to $X in 2021, which is down by -2.7% against the previous year. In general, consumption, however, saw a buoyant increase. Bath preparations consumption peaked at $X in 2020, and then fell modestly in the following year.

Bath Preparations Production in Turkey

In value terms, bath preparations production dropped to $X in 2021 estimated in export price. Overall, production, however, showed significant growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 208%. Over the period under review, production hit record highs at $X in 2020, and then dropped slightly in the following year.

Bath Preparations Exports

Exports from Turkey

In 2021, approx. X tons of perfumed bath salts and other bath preparations were exported from Turkey; increasing by 61% against 2020 figures. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 108% against the previous year. 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 continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by 128% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for bath preparations exports from Turkey, accounting for a 41% share of total exports. Moreover, bath preparations exports to the United Arab Emirates exceeded the volume sent to the second major destination, the United States (X tons), threefold. Iraq (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates stood at +58.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+14.8% per year) and Iraq (+39.5% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for perfumed bath salts and other bath preparations exports from Turkey, comprising 41% of total exports. The second position in the ranking was held by Iraq ($X), with an 11% share of total exports. It was followed by the United States, with a 7% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +53.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+38.6% per year) and the United States (+5.5% per year).

Export Prices by Country

The average bath preparations export price stood at $X per ton in 2021, with an increase of 28% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Israel ($X per ton), while the average price for exports to Jamaica ($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 Iran (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Bath Preparations Imports

Imports into Turkey

In 2021, overseas purchases of perfumed bath salts and other bath preparations were finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bath preparations imports skyrocketed to $X in 2021. Overall, imports, however, recorded a abrupt decrease. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Poland (X tons) was the main bath preparations supplier to Turkey, accounting for a 90% share of total imports. Moreover, bath preparations imports from Poland exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+12.7% per year) and the United Arab Emirates (-20.4% per year).

In value terms, Poland ($X) constituted the largest supplier of perfumed bath salts and other bath preparations to Turkey, comprising 76% of total imports. The second position in the ranking was taken by France ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.4% per year) and the United Arab Emirates (-17.9% per year).

Import Prices by Country

The average bath preparations import price stood at $X per ton in 2021, shrinking by -5% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 an increase of 10% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 France ($X per ton), while the price for Poland ($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 Arab Emirates (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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