Asia-Pacific: Market for Non-Soap Surface-Active Washing and Cleaning Preparations 2024

Market Size for Non-Soap Surface-Active Washing and Cleaning Preparations in Asia-Pacific

In 2021, after three years of growth, there was decline in the Asia-Pacific market for non-soap surface-active washing and cleaning preparations, when its value decreased by -3.7% to $X. The market value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Over the period under review, the market attained the peak level at $X in 2020, and then fell in the following year.

Production of Non-Soap Surface-Active Washing and Cleaning Preparations in Asia-Pacific

In value terms, production of non-soap surface-active washing and cleaning preparations contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 16% against the previous year. The level of production peaked at $X in 2020, and then fell in the following year.

Exports of Non-Soap Surface-Active Washing and Cleaning Preparations

Exports in Asia-Pacific

After two years of growth, shipments abroad of non-soap surface-active washing and cleaning preparations decreased by -1.8% to X tons in 2021. Total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +54.4% against 2016 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 26% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2020, and then dropped modestly in the following year.

In value terms, exports of non-soap surface-active washing and cleaning preparations expanded sharply to $X in 2021. The total export value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 11% against the previous year. Over the period under review, the exports of reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

China represented the key exporting country with an export of about X tons, which resulted at 45% of total exports. Indonesia (X tons) held the second position in the ranking, followed by Thailand (X tons), South Korea (X tons), Malaysia (X tons), Vietnam (X tons) and India (X tons). All these countries together took approx. 41% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to non-soap surface-active washing and cleaning preparations exports from China stood at +6.5%. At the same time, Vietnam (+8.2%), Indonesia (+7.3%), Thailand (+5.4%), Malaysia (+4.8%) and South Korea (+3.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +8.2% from 2012-2021. By contrast, India (-3.0%) illustrated a downward trend over the same period. While the share of China (+6.3 p.p.) and Indonesia (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of India (-5.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-soap surface-active washing and cleaning preparations supplier in Asia-Pacific, comprising 37% of total exports. The second position in the ranking was taken by South Korea ($X), with a 7.7% share of total exports. It was followed by Thailand, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +5.7%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+4.8% per year) and Thailand (+3.4% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, with an increase of 12% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 22%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the other leaders experienced more modest paces of growth.

Imports of Non-Soap Surface-Active Washing and Cleaning Preparations

Imports in Asia-Pacific

For the tenth consecutive year, Asia-Pacific recorded growth in purchases abroad of non-soap surface-active washing and cleaning preparations, which increased by 8.3% to X tons in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.5% against 2012 indices. The pace of growth was the most pronounced in 2016 when imports increased by 12% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, imports of non-soap surface-active washing and cleaning preparations surged to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +69.4% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons), followed by South Korea (X tons), Australia (X tons), Malaysia (X tons), Hong Kong SAR (X tons), Vietnam (X tons), Japan (X tons) and the Philippines (X tons) were the main importers of non-soap surface-active washing and cleaning preparations, together comprising 64% of total imports. Taiwan (Chinese) (X tons), Singapore (X tons), Thailand (X tons), India (X tons) and Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of +12.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported non-soap surface-active washing and cleaning preparations in Asia-Pacific, comprising 25% of total imports. The second position in the ranking was taken by Australia ($X), with an 8.2% share of total imports. It was followed by Japan, with a 7.7% share.

In China, imports of non-soap surface-active washing and cleaning preparations increased at an average annual rate of +8.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Australia (+5.1% per year) and Japan (+2.2% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, picking up by 7.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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