Sri Lanka: Bath Preparations Market 2024

Bath Preparations Market Size in Sri Lanka

The Sri Lankan bath preparations market dropped to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Bath Preparations Production in Sri Lanka

In value terms, bath preparations production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a slight descent. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

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Bath Preparations Exports

Exports from Sri Lanka

For the third consecutive year, Sri Lanka recorded decline in overseas shipments of perfumed bath salts and other bath preparations, which decreased by X% to X tons in 2022. In general, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, bath preparations exports contracted significantly to $X in 2022. Overall, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Maldives (X tons), the United States (X tons) and Germany (X tons) were the main destinations of bath preparations exports from Sri Lanka, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Maldives ($X), Germany ($X) and the United States ($X) were the largest markets for bath preparations exported from Sri Lanka worldwide, with a combined X% share of total exports.

Germany, with a CAGR of X%, saw 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.

Export Prices by Country

The average bath preparations export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Bath Preparations Imports

Imports into Sri Lanka

In 2022, purchases abroad of perfumed bath salts and other bath preparations was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, bath preparations imports amounted to $X in 2022. Overall, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of bath preparations to Sri Lanka, accounting for a X% share of total imports. Moreover, bath preparations imports from India exceeded the figures recorded by the second-largest supplier, Australia (X kg), twofold. China (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and China (X% per year).

In value terms, India ($X), Pakistan ($X) and France ($X) appeared to be the largest bath preparations suppliers to Sri Lanka, with a combined X% share of total imports.

Pakistan, with a CAGR of X.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bath preparations import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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