Australia and Oceania: Market for Soap And Organic Surface-Active Products In Bars For Toilet Use 2024

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

Exports in Australia and Oceania

In 2022, after four years of growth, there was significant decline in overseas shipments of soap and organic surface-active products in bars for toilet use, when their volume decreased by -17.2% to X tons. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 50%. Over the period under review, the exports of hit record highs at X tons in 2021, and then reduced dramatically in the following year.

In value terms, exports of soap and organic surface-active products in bars for toilet use fell significantly to $X in 2022. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

Australia represented the key exporting country with an export of around X tons, which finished at 64% of total exports. It was distantly followed by New Zealand (X tons) and Fiji (X tons), together creating a 35% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to soap in bars for toilet use exports from Australia stood at -2.8%. At the same time, New Zealand (+16.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +16.6% from 2012-2022. By contrast, Fiji (-10.2%) illustrated a downward trend over the same period. While the share of New Zealand (+22 p.p.) and Fiji (+7.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-27.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest soap in bars for toilet use supplier in Australia and Oceania, comprising 67% of total exports. The second position in the ranking was held by New Zealand ($X), with a 28% share of total exports.

In Australia, exports of soap and organic surface-active products in bars for toilet use increased at an average annual rate of +5.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+15.9% per year) and Fiji (-5.6% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, therefore, remained relatively stable against the previous year. Export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for soap and organic surface-active products in bars for toilet use increased by +59.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the export price increased by 39%. The level of export peaked at $X per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji ($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 (+8.2%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Australia and Oceania

In 2022, approx. X tons of soap and organic surface-active products in bars for toilet use were imported in Australia and Oceania; growing by 2.7% compared with the previous year. Overall, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2019 when imports increased by 16% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of soap and organic surface-active products in bars for toilet use expanded rapidly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Australia was the major importing country with an import of about X tons, which resulted at 61% of total imports. New Zealand (X tons) took a 19% share (based on physical terms) of total imports, which put it in second place, followed by Papua New Guinea (11%). The following importers - Solomon Islands (X tons) and Samoa (X tons) - each reached a 4.1% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to soap in bars for toilet use imports into Australia stood at -4.8%. At the same time, Papua New Guinea (+5.5%), Solomon Islands (+4.0%) and Samoa (+3.3%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.5% from 2012-2022. By contrast, New Zealand (-2.5%) illustrated a downward trend over the same period. Papua New Guinea (+6.6 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -10.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported soap and organic surface-active products in bars for toilet use in Australia and Oceania, comprising 68% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 20% share of total imports. It was followed by Papua New Guinea, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+0.4% per year) and Papua New Guinea (+5.8% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, surging by 11% against the previous year. Import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soap and organic surface-active products in bars for toilet use increased by +11.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($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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