Asia-Pacific: Market for Soap And Organic Surface-Active Products In Bars For Toilet Use 2024

Market Size for Soap And Organic Surface-Active Products In Bars For Toilet Use in Asia-Pacific

The Asia-Pacific market for soap and organic surface-active products in bars for toilet use rose modestly to $X in 2022, increasing by 1.9% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 6% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Soap And Organic Surface-Active Products In Bars For Toilet Use in Asia-Pacific

In value terms, production of soap and organic surface-active products in bars for toilet use rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 7.1% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Exports in Asia-Pacific

In 2022, overseas shipments of soap and organic surface-active products in bars for toilet use decreased by -5.7% to X tons, falling for the fifth consecutive year after two years of growth. Overall, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of 16% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of soap and organic surface-active products in bars for toilet use totaled $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Malaysia (X tons) and Indonesia (X tons) were the key exporters of soap and organic surface-active products in bars for toilet use in 2022, recording near 32% and 32% of total exports, respectively. Thailand (X tons) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by India (7%) and China (5.4%). The following exporters - the Philippines (X tons) and Singapore (X tons) - each finished at a 4% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +10.1%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest soap in bars for toilet use supplying countries in Asia-Pacific were Indonesia ($X), Malaysia ($X) and Thailand ($X), together comprising 60% of total exports.

Malaysia, with a CAGR of +6.5%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, surging by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2017 an increase of 15% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+3.6%), while the other leaders experienced more modest paces of growth.

Imports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Imports in Asia-Pacific

In 2022, supplies from abroad of soap and organic surface-active products in bars for toilet use decreased by -2.8% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 16% against the previous year. Over the period under review, imports of hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of soap and organic surface-active products in bars for toilet use dropped slightly to $X in 2022. The total import value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 12% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons) and Malaysia (X tons) represented roughly 27% of total imports in 2022. The Philippines (X tons) took the next position in the ranking, followed by Singapore (X tons), Japan (X tons), Thailand (X tons), Taiwan (Chinese) (X tons), China (X tons) and Afghanistan (X tons). All these countries together held near 44% share of total imports. The following importers - New Zealand (X tons), Cambodia (X tons), Papua New Guinea (X tons) and Indonesia (X tons) - together made up 13% of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +18.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Japan ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2022, together accounting for 34% of total imports. China, Singapore, Taiwan (Chinese), Malaysia, Thailand, New Zealand, Afghanistan, Indonesia, Papua New Guinea and Cambodia lagged somewhat behind, together comprising a further 50%.

Among the main importing countries, Cambodia, with a CAGR of +10.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 11% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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