Global Room Deodorants Market 2024

Room Deodorants Market Size

The global room deodorants market rose to $X in 2022, increasing by 4.8% against the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 +8.9% against 2020 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the global market remained at a lower figure.

Room Deodorants Production

In value terms, room deodorants production shrank slightly to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -16.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 19% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth remained at a lower figure.

Room Deodorants Exports

Exports

In 2022, the amount of preparations for perfuming or deodorising rooms exported worldwide rose to X tons, picking up by 1.7% on the previous year's figure. The total export volume increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, room deodorants exports contracted slightly to $X in 2022. Overall, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

In 2022, China (X tons), distantly followed by Vietnam (X tons), Mexico (X tons), the United States (X tons), Turkey (X tons), the Netherlands (X tons) and India (X tons) were the largest exporters of preparations for perfuming or deodorising rooms, together comprising 66% of total exports. The UK (X tons), Poland (X tons), Italy (X tons), Thailand (X tons), France (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to room deodorants exports from China stood at +2.6%. At the same time, Vietnam (+18.9%), Mexico (+8.0%), the Netherlands (+5.5%), Poland (+5.3%), Spain (+2.9%), Thailand (+2.3%), Italy (+2.2%) and the United States (+2.0%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +18.9% from 2012-2022. Turkey and India experienced a relatively flat trend pattern. By contrast, the UK (-1.8%) and France (-3.2%) illustrated a downward trend over the same period. While the share of Vietnam (+7.8 p.p.) and Mexico (+3.5 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of France (-1.7 p.p.) and the UK (-2.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest room deodorants supplier worldwide, comprising 27% of global exports. The second position in the ranking was taken by Mexico ($X), with a 10% share of global exports. It was followed by the United States, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +11.5%. In the other countries, the average annual rates were as follows: Mexico (+5.7% per year) and the United States (+3.5% per year).

Export Prices by Country

The average room deodorants export price stood at $X per ton in 2022, falling by -2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2021 when the average export price increased by 7.6% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the other global leaders experienced more modest paces of growth.

Room Deodorants Imports

Imports

In 2022, approx. X tons of preparations for perfuming or deodorising rooms were imported worldwide; with an increase of 28% against the previous year. The total import volume increased at an average annual rate of +4.6% from 2012 to 2022; 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, room deodorants imports declined slightly to $X in 2022. The total import value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Malaysia (X tons), distantly followed by the United States (X tons) and the UK (X tons) were the main importers of preparations for perfuming or deodorising rooms, together generating 44% of total imports. Japan (X tons), Germany (X tons), Canada (X tons), the Netherlands (X tons), Taiwan (Chinese) (X tons), France (X tons), Hong Kong SAR (X tons), Italy (X tons) and Thailand (X tons) followed a long way behind the leaders.

Malaysia was also the fastest-growing in terms of the preparations for perfuming or deodorising rooms imports, with a CAGR of +28.0% from 2012 to 2022. At the same time, Thailand (+13.2%), the Netherlands (+8.8%), the UK (+5.9%), Hong Kong SAR (+4.7%), Germany (+3.9%), Canada (+3.2%), the United States (+3.2%) and Italy (+1.3%) displayed positive paces of growth. France experienced a relatively flat trend pattern. By contrast, Japan (-1.8%) and Taiwan (Chinese) (-1.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia increased by +22 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest room deodorants importing markets worldwide were the United States ($X), Japan ($X) and the UK ($X), with a combined 24% share of global imports. Germany, Malaysia, the Netherlands, Hong Kong SAR, Canada, France, Italy, Taiwan (Chinese) and Thailand lagged somewhat behind, together comprising a further 30%.

Malaysia, with a CAGR of +13.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average room deodorants import price stood at $X per ton in 2022, reducing by -22.8% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 10% against the previous year. Global import price peaked at $X per ton in 2021, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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