Latin America and the Caribbean: Bath Preparations Market 2024

Bath Preparations Market Size in Latin America and the Caribbean

The Latin American bath preparations market fell modestly to $X in 2022, remaining stable against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Bath Preparations Production in Latin America and the Caribbean

In value terms, bath preparations production dropped to $X in 2022 estimated in export price. Overall, production continues to indicate a slight slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Bath Preparations Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of perfumed bath salts and other bath preparations increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt contraction. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, bath preparations exports surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt decrease. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. Belize (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (X%), Colombia (X%), El Salvador (X%) and Panama (X%). The following exporters - Trinidad and Tobago (X tons) and Costa Rica (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to bath preparations exports from Mexico stood at X%. At the same time, Trinidad and Tobago (X%), El Salvador (X%) and Belize (X%) displayed positive paces of growth. Moreover, Trinidad and Tobago emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Panama (X%), Colombia (X%), Costa Rica (X%) and Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mexico, Belize, El Salvador and Trinidad and Tobago increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Argentina ($X) and Belize ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Costa Rica, Colombia, El Salvador, Panama and Trinidad and Tobago lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Trinidad and Tobago, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price showed a perceptible setback. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Belize ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (X%), while the other leaders experienced more modest paces of growth.

Bath Preparations Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of perfumed bath salts and other bath preparations decreased by X% to X tons, falling for the third year in a row after four years of growth. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, bath preparations imports rose notably to $X in 2022. Over the period under review, imports continue to indicate a slight setback. The growth pace was the most rapid in 2017 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X tons), Venezuela (X tons) and Chile (X tons) was the major importer of perfumed bath salts and other bath preparations in Latin America and the Caribbean, committing X% of total import. Jamaica (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (X%) and Peru (X%). Suriname (X tons), Curacao (X tons), Costa Rica (X tons), Barbados (X tons), Ecuador (X tons) and Belize (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Curacao (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Chile ($X) and Venezuela ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Peru, Colombia, Curacao, Costa Rica, Jamaica, Barbados, Ecuador, Suriname and Belize lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Curacao, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, continues to indicate a mild setback. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :