
China - Perfumed Bath Salts And Other Bath Preparations - Market Analysis, Forecast, Size, Trends And Insights
China's Bath Preparation Price Amounts to $4,174 per Ton
China Bath Preparations Export Price in September 2022
In September 2022, the bath preparations price amounted to $4,174 per ton (FOB, China), with an increase of 2.1% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in July 2022 an increase of 19% m-o-m. The export price peaked in September 2022.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Malaysia ($20,056 per ton), while the average price for exports to Hong Kong SAR ($1,771 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.
China Bath Preparations Exports
In September 2022, shipments abroad of perfumed bath salts and other bath preparations decreased by -33.3% to 7.3K tons for the first time since April 2022, thus ending a four-month rising trend. Over the period under review, exports, however, saw a notable expansion. The most prominent rate of growth was recorded in June 2022 when exports increased by 39% month-to-month. Over the period under review, the exports hit record highs at 11K tons in August 2022, and then contracted dramatically in the following month.
In value terms, bath preparations exports dropped significantly to $31M (IndexBox estimates) in September 2022. In general, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in May 2022 when exports increased by 53% m-o-m. The exports peaked at 45K tons in August 2022, and then dropped notably in the following month.
China Bath Preparations Exports by Country
The United States (2.2K tons) was the main destination for bath preparations exports from China, with a 30% share of total exports. Moreover, bath preparations exports to the United States exceeded the volume sent to the second major destination, the UK (962 tons), twofold. Japan (728 tons) ranked third in terms of total exports with a 9.9% share.
From January 2022 to September 2022, the average monthly growth rate of volume to the United States amounted to +2.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the UK (+7.9% per month) and Japan (-3.1% per month).
In value terms, the largest markets for bath preparations exported from China were Malaysia ($6.1M), the United States ($5.4M) and the UK ($5M), together comprising 54% of total exports.
Malaysia, with a CAGR of +141.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the bath preparations market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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