Updated Feb 6, 2023 23:51

Room Deodorants Market in the United Arab Emirates

Market Overview
The room deodorants market in the United Arab Emirates skyrocketed to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a perceptible decline. Room deodorants consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.

In value terms, room deodorants production surged to $ in estimated in export price. Over the period under review, production enjoyed a significant increase. The most prominent rate of growth was recorded in with an increase of %. As a result, production attained the peak level of $. From to , production growth remained at a lower figure.


Consumption
In , approx. tons of preparations for perfuming or deodorising rooms were consumed in the United Arab Emirates; picking up by % on the previous year's figure. In general, consumption, however, showed a abrupt decline. Room deodorants consumption peaked at tons in 2014; however, from 2015 to , consumption failed to regain momentum.

The size of the room deodorants market in the United Arab Emirates soared to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a pronounced decrease. Room deodorants consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.


Market Forecast
Depressed by shrinking demand for room deodorants in the United Arab Emirates, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Room deodorants market in the United Arab Emirates consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, the United Arab Emirates relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.


Trade Balance
The United Arab Emirates remains a net importer of room deodorants; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.