Bolivia: 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 Bolivia

For the third year in a row, the Bolivian market for soap and organic surface-active products in bars other than for toilet use recorded growth in sales value, which increased by 64% to $X in 2022. In general, consumption enjoyed a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

Exports from Bolivia

Exports of soap and organic surface-active products in bars other than for toilet use from Bolivia surged to X tons in 2022, rising by 444% against the year before. In general, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 1,067% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use skyrocketed to $X in 2022. Over the period under review, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 2,052%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Peru (X tons) was the main destination for exports of soap and organic surface-active products in bars other than for toilet use from Bolivia, accounting for a 83% share of total exports. Moreover, exports of soap and organic surface-active products in bars other than for toilet use to Peru exceeded the volume sent to the second major destination, Paraguay (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Peru totaled -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-9.3% per year) and Chile (-16.1% per year).

In value terms, Peru ($X) remains the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Bolivia, comprising 79% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Peru was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+6.9% per year) and Chile (-3.4% 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, jumping by 44% against the previous year. Overall, the export price posted a tangible increase. The growth pace was the most rapid in 2016 an increase of 465%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Paraguay ($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 Paraguay (+17.8%), 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 Bolivia

In 2022, approx. X tons of soap and organic surface-active products in bars other than for toilet use were imported into Bolivia; rising by 67% against the year before. In general, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use skyrocketed to $X in 2022. Over the period under review, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Peru (X tons) and Colombia (X tons) were the main suppliers of imports of soap and organic surface-active products in bars other than for toilet use to Bolivia, together accounting for 94% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +159.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Peru ($X) and Colombia ($X) were the largest soap in bars other than for toilet use suppliers to Bolivia, with a combined 88% share of total imports.

In terms of the main suppliers, China, with a CAGR of +137.7%, recorded 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 import price for soap and organic surface-active products in bars other than for toilet use stood at $X per ton in 2022, declining by -2.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 10% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+18.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform