Belgium: Market for Soap In Different Forms 2024

Market Size for Soap In Different Forms in Belgium

In 2021, the Belgian soap in different forms market increased by 14% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption recorded a pronounced expansion. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the near future.

Production of Soap In Different Forms in Belgium

In value terms, soap in different forms production rose slightly to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 18%. Soap in different forms production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Soap In Different Forms

Exports from Belgium

In 2021, the amount of soap in different forms exported from Belgium fell to X tons, dropping by -7.4% on the previous year. Overall, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2020 when exports increased by 83%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, soap in different forms exports expanded slightly to $X in 2021. In general, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 84%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of soap in different forms exports from Belgium, with a combined 84% share of total exports. Austria, the Czech Republic, the UK and Spain lagged somewhat behind, together accounting for a further 7.1%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +20.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soap in different forms exported from Belgium were France ($X), the Netherlands ($X) and Germany ($X), with a combined 79% share of total exports. Austria, the Czech Republic, the UK and Spain lagged somewhat behind, together comprising a further 7.3%.

Austria, with a CAGR of +12.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average soap in different forms export price stood at $X per ton in 2021, with an increase of 11% against the previous year. Overall, the export price, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2019 an increase of 18% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Soap In Different Forms

Imports into Belgium

In 2021, the amount of soap in different forms imported into Belgium shrank notably to X tons, with a decrease of -17.2% against 2020 figures. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, soap in different forms imports reduced to $X in 2021. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 95%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Malaysia (X tons) and France (X tons) were the main suppliers of soap in different forms imports to Belgium, together accounting for 56% of total imports. These countries were followed by Italy, Sweden, Germany, Indonesia and the UK, which together accounted for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +10.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), France ($X) and Malaysia ($X) constituted the largest soap in different forms suppliers to Belgium, with a combined 60% share of total imports. These countries were followed by Sweden, Germany, Italy, the UK and Indonesia, which together accounted for a further 30%.

Among the main suppliers, Sweden, with a CAGR of +13.0%, saw the highest growth rate of 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 average soap in different forms import price stood at $X per ton in 2021, surging by 5.7% against the previous year. In general, the import price saw modest growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 34%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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