Mexico: Room Deodorants Market 2022

Room Deodorants Market Size in Mexico

In 2021, the Mexican room deodorants market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption continues to indicate a noticeable descent. Room deodorants consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Room Deodorants Production in Mexico

In value terms, room deodorants production fell to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Room deodorants production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Room Deodorants Exports

Exports from Mexico

In 2021, shipments abroad of preparations for perfuming or deodorising rooms increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a measured increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, room deodorants exports surged to $X in 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

The United States (X tons) was the main destination for room deodorants exports from Mexico, with a X% share of total exports. Moreover, room deodorants exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), more than tenfold. Guatemala (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Guatemala (+X% per year).

In value terms, the United States ($X) remains the key foreign market for room deodorants exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Guatemala (-X% per year).

Export Prices by Country

In 2021, the average room deodorants export price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the export price recorded a mild setback. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to Colombia ($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 Canada (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Room Deodorants Imports

Imports into Mexico

In 2021, purchases abroad of preparations for perfuming or deodorising rooms increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +X% 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 decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, room deodorants imports expanded modestly to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest room deodorants supplier to Mexico, with a X% share of total imports. Moreover, room deodorants imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and China (+X% per year).

In value terms, the United States ($X) constituted the largest supplier of room deodorants to Mexico, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Spain (+X% per year).

Import Prices by Country

In 2021, the average room deodorants import price amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the import price recorded a perceptible decrease. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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