August 2023 Sees United States’ Import of Room Deodorants Surging 13%, Setting New Record at $51M
U.S. Room Deodorants Imports
In August 2023, approximately 9.7K tons of preparations for perfuming or deodorising rooms were imported into the United States; growing by 13% compared with the previous month. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 with an increase of 15% against the previous month. Over the period under review, imports hit record highs in August 2023. \
In value terms, room deodorants imports rose sharply to $51M (IndexBox estimates) in August 2023. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 with an increase of 18% m-o-m. Imports peaked in August 2023.
Imports by Country
Mexico (4.2K tons), China (3K tons) and India (681 tons) were the main suppliers of room deodorants imports to the United States, together accounting for 82% of total imports.
From August 2022 to August 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +6.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Mexico ($31M) constituted the largest supplier of room deodorants to the United States, comprising 62% of total imports. The second position in the ranking was held by China ($7.4M), with a 15% share of total imports. It was followed by India, with a 5.8% share.
From August 2022 to August 2023, the average monthly rate of growth in terms of value from Mexico stood at +2.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (+0.9% per month) and India (+5.7% per month).
Import Prices by Country
In August 2023, the room deodorants price amounted to $5,250 per ton (CIF, US), stabilizing at the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 10% month-to-month. Over the period under review, average import prices reached the peak figure at $5,486 per ton in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($7,393 per ton), while the price for Turkey ($1,246 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
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