Asia: Market for Non-Soap Washing and Cleaning Preparations 2023

Market Size for Non-Soap Washing and Cleaning Preparations in Asia

The Asian market for non-soap washing and cleaning preparations stood at $X in 2021, standing approx. at the previous year. The market value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Production of Non-Soap Washing and Cleaning Preparations in Asia

In value terms, non-soap washing and cleaning preparations production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by 19% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then declined modestly in the following year.

Exports of Non-Soap Washing and Cleaning Preparations

Exports in Asia

In 2021, shipments abroad of non-soap washing and cleaning preparations decreased by -3.2% to X tons for the first time since 2016, thus ending a four-year rising trend. Total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +39.7% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 15% against the previous year. The volume of export peaked at X tons in 2020, and then declined slightly in the following year.

In value terms, non-soap washing and cleaning preparations exports rose significantly to $X in 2021. The total export value increased at an average annual rate of +5.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by 10% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

In 2021, China (X tons) was the major exporter of non-soap washing and cleaning preparations, mixing up 30% of total exports. It was distantly followed by Indonesia (X tons), Turkey (X tons), Thailand (X tons), Malaysia (X tons) and South Korea (X tons), together creating a 44% share of total exports. India (X tons), Vietnam (X tons), Saudi Arabia (X tons), Japan (X tons), Taiwan (Chinese) (X tons) and Singapore (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to non-soap washing and cleaning preparations exports from China stood at +5.8%. At the same time, Indonesia (+12.2%), Turkey (+9.7%), Japan (+8.1%), Vietnam (+7.8%), Malaysia (+7.0%), South Korea (+5.0%), Thailand (+4.8%), Taiwan (Chinese) (+4.4%), Saudi Arabia (+4.2%) and Singapore (+3.4%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +12.2% from 2012-2021. By contrast, India (-2.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Indonesia and Turkey increased by +6.2 and +3.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-soap washing and cleaning preparations supplier in Asia, comprising 32% of total exports. The second position in the ranking was held by Japan ($X), with a 9.5% share of total exports. It was followed by Indonesia, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +6.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+6.2% per year) and Indonesia (+8.8% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, picking up by 11% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+3.2%), while the other leaders experienced more modest paces of growth.

Imports of Non-Soap Washing and Cleaning Preparations

Imports in Asia

In 2021, the amount of non-soap washing and cleaning preparations imported in Asia reached X tons, increasing by 4.9% against the previous year. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.4% against 2012 indices. The pace of growth was the most pronounced in 2014 when imports increased by 12% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, non-soap washing and cleaning preparations imports rose sharply to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.4% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China represented the key importing country with an import of about X tons, which resulted at 22% of total imports. Malaysia (X tons) ranks second in terms of the total imports with a 5% share, followed by South Korea (4.6%). The United Arab Emirates (X tons), Turkey (X tons), Japan (X tons), Hong Kong SAR (X tons), Kazakhstan (X tons), Vietnam (X tons), the Philippines (X tons), Iraq (X tons), Saudi Arabia (X tons) and India (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +11.1% from 2012 to 2021. At the same time, Vietnam (+12.3%), the United Arab Emirates (+10.9%), India (+10.8%), the Philippines (+10.7%), South Korea (+7.2%), Saudi Arabia (+6.5%), Kazakhstan (+5.4%), Hong Kong SAR (+4.4%), Iraq (+4.1%), Malaysia (+3.8%), Japan (+2.4%) and Turkey (+1.9%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia, with a CAGR of +12.3% from 2012-2021. From 2012 to 2021, the share of China increased by +6.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported non-soap washing and cleaning preparations in Asia, comprising 21% of total imports. The second position in the ranking was held by Turkey ($X), with a 5.6% share of total imports. It was followed by Japan, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +10.2%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+2.6% per year) and Japan (+2.0% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, surging by 5.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+1.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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