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  May 4th, 2023 | Written by

 U.S. Imports of Bath Preparations Drop to $4.9M in February 2023

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 U.S. Bath Preparations

Imports Bath preparations imports into the United States fell to 1.3K tons in February 2023, declining by -11.5% against the previous month’s figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 with an increase of 125% month-to-month.

In value terms, bath preparations imports contracted to $4.9M (IndexBox estimates) in February 2023. Overall, imports continue to indicate a slight downturn. The pace of growth appeared the most rapid in August 2022 with an increase of 124% against the previous month.

 Imports by Country

In February 2023, China (768 tons) constituted the largest supplier of bath preparations to the United States, with a 60% share of total imports. Moreover, bath preparations imports from China exceeded the figures recorded by the second-largest supplier, Canada (147 tons), fivefold. The third position in this ranking was held by Pakistan (105 tons), with an 8.2% share.

From February 2022 to February 2023, the average monthly growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (-0.8% per month) and Pakistan (+63.4% per month).

In value terms, Canada ($2.3M), China ($1.7M) and the UK ($223K) were the largest bath preparations suppliers to the United States, together accounting for 84% of total imports. These countries were followed by the Dominican Republic, Vietnam, India, Pakistan and Israel, which together accounted for a further 7.1%.

Pakistan, with a CAGR of +32.2%, saw the highest rates of growth with regard to the value of imports, among 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 February 2023, the bath preparations price stood at $3,859 per ton (CIF, US), rising by 1.6% against the previous month. In general, the import price, however, showed a slight curtailment. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 39% month-to-month. Over the period under review, average import prices attained the peak figure at $6,375 per ton in December 2022; however, from January 2023 to February 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($15,486 per ton), while the price for Pakistan ($472 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Canada (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform