Asia: 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

The Asian market for soap and organic surface-active products in bars for toilet use totaled $X in 2022, stabilizing at the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 7.3%. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

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

In value terms, production of soap and organic surface-active products in bars for toilet use stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 11% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

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

Exports in Asia

In 2022, the amount of soap and organic surface-active products in bars for toilet use exported in Asia expanded slightly to X tons, increasing by 2.1% on 2021 figures. Over the period under review, exports, however, showed a mild contraction. The pace of growth was the most pronounced in 2020 when exports increased by 9.2% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of soap and organic surface-active products in bars for toilet use expanded markedly to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 13%. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Turkey (X tons), distantly followed by Malaysia (X tons), Indonesia (X tons), Thailand (X tons) and the United Arab Emirates (X tons) were the key exporters of soap and organic surface-active products in bars for toilet use, together generating 79% of total exports. The following exporters - India (X tons), China (X tons), Saudi Arabia (X tons) and Israel (X tons) - together made up 12% 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 more modest paces of growth.

In value terms, Turkey ($X), Indonesia ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 51% share of total exports.

Malaysia, with a CAGR of +6.5%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 stood at $X per ton in 2022, growing by 6.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 12% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to continue 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 India ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), 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

Imports of soap and organic surface-active products in bars for toilet use contracted to X tons in 2022, with a decrease of -9% on the previous year. The total import volume increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 16% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then contracted in the following year.

In value terms, imports of soap and organic surface-active products in bars for toilet use contracted to $X in 2022. The total import value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Iraq (X tons) and the United Arab Emirates (X tons) represented roughly 27% of total imports in 2022. It was distantly followed by Oman (X tons), Turkey (X tons), Saudi Arabia (X tons) and Malaysia (X tons), together committing a 26% share of total imports. The following importers - the Philippines (X tons), Singapore (X tons), Kazakhstan (X tons), Japan (X tons), Thailand (X tons), Taiwan (Chinese) (X tons) and China (X tons) - together made up 21% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Oman (with a CAGR of +12.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Oman ($X) and Iraq ($X) constituted the countries with the highest levels of imports in 2022, together comprising 30% of total imports.

Oman, with a CAGR of +18.5%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by 8.1% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, 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 ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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