United Kingdom: Bath Preparations Market 2024

Bath Preparations Market Size in the UK

In 2021, the UK bath preparations market decreased by -1.3% to $X, falling for the fourth year in a row after two years of growth. Overall, consumption, however, saw a mild setback. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Bath Preparations Production in the UK

In value terms, bath preparations production rose modestly to $X in 2021 estimated in export price. Overall, production saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 with an increase of 23%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Bath Preparations Exports

Exports from the UK

In 2021, shipments abroad of perfumed bath salts and other bath preparations decreased by -13.2% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 5.2% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, bath preparations exports fell modestly to $X in 2021. In general, exports recorded a pronounced descent. The pace of growth appeared the most rapid in 2017 when exports increased by 3.5% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons), Saudi Arabia (X tons) and the United States (X tons) were the main destinations of bath preparations exports from the UK, with a combined 38% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +31.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for bath preparations exported from the UK were Saudi Arabia ($X), Ireland ($X) and the United States ($X), together accounting for 38% of total exports.

Saudi Arabia, with a CAGR of +37.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average bath preparations export price amounted to $X per ton, increasing by 11% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while the average price for exports to Ireland ($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 Poland (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Bath Preparations Imports

Imports into the UK

In 2021, supplies from abroad of perfumed bath salts and other bath preparations was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 32% against the previous year. 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 reduced modestly to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 45% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X tons), China (X tons) and Poland (X tons) were the main suppliers of bath preparations imports to the UK, together comprising 53% of total imports. These countries were followed by the Netherlands, Greece, the United States and Germany, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +20.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of perfumed bath salts and other bath preparations to the UK, comprising 34% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by Poland, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-12.4% per year) and Poland (-1.0% per year).

Import Prices by Country

In 2021, the average bath preparations import price amounted to $X per ton, falling by -5% against the previous year. Overall, the import price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2017 an increase of 10%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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