China - Soap And Organic Surface-Active Products In Bars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina's Bar Soap Exports Surge to $74M in June 2023
China Soap In Bars Exports
In June 2023, exports of soap and organic surface-active products in bars from China expanded notably to 41K tons, growing by 11% compared with the month before. The total export volume increased at an average monthly rate of +1.5% from June 2022 to June 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in March 2023 when exports increased by 75% against the previous month. Over the period under review, the exports attained the maximum in June 2023.
In value terms, soap in bars exports expanded notably to $74M (IndexBox estimates) in June 2023. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when exports increased by 107% m-o-m. As a result, the exports reached the peak of $91M. From April 2023 to June 2023, the growth of the exports remained at a lower figure. 
| COUNTRY | Export Value of Soap In Bars in China (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| United States | 14.4 | 15.4 | 13.4 | 12.3 | 12.6 | 18.9 | 14.4 | 16.0 | 9.3 | 16.9 | 16.6 | 16.1 | 15.8 |
| Australia | 7.2 | 6.6 | 6.3 | 6.1 | 4.3 | 4.5 | 4.8 | 5.9 | 3.9 | 5.9 | 4.9 | 3.8 | 5.6 |
| Thailand | 3.4 | 4.4 | 4.8 | 2.8 | 3.6 | 4.8 | 5.0 | 5.2 | 4.1 | 11.6 | 3.9 | 4.5 | 4.7 |
| Chile | 3.4 | 2.0 | 1.9 | 1.2 | 2.5 | 1.9 | 1.9 | 1.6 | 1.5 | 2.2 | 1.9 | 2.8 | 3.1 |
| Japan | 4.0 | 4.4 | 4.2 | 4.2 | 3.5 | 4.1 | 3.4 | 3.2 | 2.9 | 4.0 | 2.9 | 3.1 | 2.9 |
| Philippines | 3.9 | 6.5 | 7.4 | 4.0 | 7.3 | 6.3 | 8.0 | 4.5 | 4.6 | 7.0 | 7.6 | 4.8 | 2.8 |
| Canada | 1.8 | 1.8 | 2.4 | 1.7 | 1.8 | 2.0 | 1.5 | 1.6 | 0.6 | 2.1 | 1.7 | 1.8 | 1.9 |
| Others | 28.6 | 30.5 | 30.1 | 27.3 | 28.1 | 30.8 | 31.2 | 31.2 | 17.0 | 40.9 | 34.0 | 31.5 | 37.0 |
| Total | 66.6 | 71.4 | 70.6 | 59.7 | 63.5 | 73.2 | 70.3 | 69.2 | 43.8 | 90.7 | 73.6 | 68.4 | 73.8 |
Exports by Country
The United States (10K tons) was the main destination for soap in bars exports from China, with a 25% share of total exports. Moreover, soap in bars exports to the United States exceeded the volume sent to the second major destination, Australia (3.6K tons), threefold. Chile (3.3K tons) ranked third in terms of total exports with an 8% share.
From June 2022 to June 2023, the average monthly growth rate of volume to the United States amounted to +2.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Australia (-1.9% per month) and Chile (-0.2% per month).
In value terms, the United States ($16M) remains the key foreign market for soap in bars exports from China, comprising 21% of total exports. The second position in the ranking was taken by Australia ($5.6M), with a 7.5% share of total exports. It was followed by Thailand, with a 6.4% share.
From June 2022 to June 2023, the average monthly growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Australia (-2.1% per month) and Thailand (+2.8% per month).
Exports by Type
Soap and organic surface-active products in bars other than for toilet use (39K tons) was the largest type of soap in bars exported from China, with a 96% share of total exports. Moreover, soap and organic surface-active products in bars other than for toilet use exceeded the volume of the second product type, soap and organic surface-active products in bars for toilet use (1.5K tons), more than tenfold.
From June 2022 to June 2023, the average monthly growth rate of the volume of export of soap and organic surface-active products in bars other than for toilet use amounted to +1.6%.
In value terms, soap and organic surface-active products in bars other than for toilet use ($69M) remains the largest type of soap in bars exported from China, comprising 93% of total exports. The second position in the ranking was taken by soap and organic surface-active products in bars for toilet use ($4.9M), with a 6.7% share of total exports.
From June 2022 to June 2023, the average monthly rate of growth in terms of the export volume of soap and organic surface-active products in bars other than for toilet use was relatively modest.
Export Prices by Country
In June 2023, the soap in bars price stood at $1,802 per ton (FOB, China), with a decrease of -2.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 18% m-o-m. As a result, the export price attained the peak level of $2,281 per ton. From April 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($5,118 per ton), while the average price for exports to Peru ($908 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+0.9%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the soap in bars market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20421915 - Soap and organic surface-active products in bars, etc., for toilet use
- Prodcom 20413120 - Soap and organic surface-active products in bars, etc., n.e.c.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
