Argentina: Soap Market 2025

Soap Market Size in Argentina

In 2021, the Argentinian soap market decreased by -3.6% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. Soap consumption peaked at $X in 2020, and then dropped in the following year.

Soap Production in Argentina

In value terms, soap production reduced to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 27%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Soap Exports

Exports from Argentina

Soap exports from Argentina shrank notably to X tons in 2021, waning by -28.3% against the year before. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 49%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, soap exports declined notably to $X in 2021. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Chile (X tons), Uruguay (X tons) and Paraguay (X tons) were the main destinations of soap exports from Argentina, together accounting for 93% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of -0.3%), while the other leaders experienced a decline.

In value terms, Chile ($X) remains the key foreign market for soap exports from Argentina, comprising 49% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 24% share of total exports. It was followed by Uruguay, with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile totaled -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-6.6% per year) and Uruguay (-10.4% per year).

Export Prices by Country

In 2021, the average soap export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price showed a perceptible curtailment. The pace of growth was the most pronounced in 2015 an increase of 26%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the countries with the highest prices were Peru ($X per ton) and Chile ($X per ton), while the average price for exports to Bolivia ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+2.9%), while the prices for the other major destinations experienced a decline.

Soap Imports

Imports into Argentina

In 2021, the amount of soap imported into Argentina contracted slightly to X tons, with a decrease of -4.2% against 2020 figures. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by 27% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then dropped in the following year.

In value terms, soap imports rose slightly to $X in 2021. The total import value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 34%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) constituted the largest supplier of soap to Argentina, with a 73% share of total imports. Moreover, soap imports from Brazil exceeded the figures recorded by the second-largest supplier, Paraguay (X tons), sixfold. China (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+6.2% per year) and China (+21.4% per year).

In value terms, Brazil ($X) constituted the largest supplier of soap to Argentina, comprising 75% of total imports. The second position in the ranking was held by Paraguay ($X), with a 6.3% share of total imports. It was followed by China, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+10.3% per year) and China (+19.1% per year).

Import Prices by Country

The average soap import price stood at $X per ton in 2021, growing by 8.5% against the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Colombia ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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