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

Market Size for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Australia

The Australian market for soap and organic surface-active products in bars other than for toilet use skyrocketed to $X in 2022, growing by 25% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a strong increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

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

Exports from Australia

After two years of growth, overseas shipments of soap and organic surface-active products in bars other than for toilet use decreased by -4.6% to X tons in 2022. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 131% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use soared to $X in 2022. Over the period under review, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by 86% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

New Zealand (X tons) was the main destination for exports of soap and organic surface-active products in bars other than for toilet use from Australia, accounting for a 80% share of total exports. Moreover, exports of soap and organic surface-active products in bars other than for toilet use to New Zealand exceeded the volume sent to the second major destination, South Korea (X tons), more than tenfold. The third position in this ranking was taken by China (X tons), with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at +31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+27.3% per year) and China (+21.1% per year).

In value terms, New Zealand ($X) remains the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Australia, comprising 71% of total exports. The second position in the ranking was held by South Korea ($X), with an 8.7% share of total exports. It was followed by the United States, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand stood at +31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+21.0% per year) and the United States (+6.4% per year).

Export Prices by Country

In 2022, the average export price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, rising by 23% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 33% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Australia

Imports of soap and organic surface-active products in bars other than for toilet use into Australia surged to X tons in 2022, growing by 20% on the year before. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 86% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use soared to $X in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 66%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest soap in bars other than for toilet use supplier to Australia, with a 48% share of total imports. Moreover, imports of soap and organic surface-active products in bars other than for toilet use from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), twofold. The third position in this ranking was taken by Luxembourg (X tons), with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +31.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+103.6% per year) and Luxembourg (+44.8% per year).

In value terms, China ($X) constituted the largest supplier of soap and organic surface-active products in bars other than for toilet use to Australia, comprising 48% of total imports. The second position in the ranking was held by Singapore ($X), with a 22% share of total imports. It was followed by Luxembourg, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +34.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+115.2% per year) and Luxembourg (+42.4% per year).

Import Prices by Country

The average import price for soap and organic surface-active products in bars other than for toilet use stood at $X per ton in 2022, surging by 2.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and the United States ($X per ton), while the price for Luxembourg ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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