Brazil: Market for Soap In Different Forms 2024

Market Size for Soap In Different Forms in Brazil

The Brazilian soap in different forms market expanded notably to $X in 2021, growing by 9.9% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Soap In Different Forms in Brazil

In value terms, soap in different forms production reached $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 18%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Soap In Different Forms

Exports from Brazil

In 2021, the amount of soap in different forms exported from Brazil surged to X tons, rising by 99% against the year before. Over the period under review, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 177%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, soap in different forms exports surged to $X in 2021. Overall, exports, however, saw a abrupt slump. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for soap in different forms exports from Brazil, accounting for a 82% share of total exports. Moreover, soap in different forms exports to Argentina exceeded the volume sent to the second major destination, Uruguay (X tons), more than tenfold. Venezuela (X tons) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina totaled +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+4.9% per year) and Venezuela (-29.8% per year).

In value terms, Argentina ($X) emerged as the key foreign market for soap in different forms exports from Brazil, comprising 82% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 2.9% share of total exports. It was followed by Colombia, with a 2% share.

From 2012 to 2021, the average annual growth rate of value to Argentina totaled +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-3.3% per year) and Colombia (-25.5% per year).

Export Prices by Country

In 2021, the average soap in different forms export price amounted to $X per ton, growing by 72% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Sao Tome and Principe ($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 Cuba (+10.9%), while the prices for the other major destinations experienced a decline.

Imports of Soap In Different Forms

Imports into Brazil

In 2021, overseas purchases of soap in different forms were finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a mild contraction. The growth pace was the most rapid in 2016 with an increase of 560%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, soap in different forms imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2016 with an increase of 120% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest supplier of soap in different forms to Brazil, with a 75% share of total imports. Moreover, soap in different forms imports from Malaysia exceeded the figures recorded by the second-largest supplier, France (X tons), tenfold. The third position in this ranking was taken by Germany (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia totaled +32.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.5% per year) and Germany (+8.5% per year).

In value terms, France ($X), Malaysia ($X) and the United States ($X) constituted the largest soap in different forms suppliers to Brazil, with a combined 77% share of total imports. These countries were followed by Germany, the UK, Paraguay, the Netherlands, China and Mexico, which together accounted for a further 14%.

Among the main suppliers, Paraguay, with a CAGR of +43.4%, 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 soap in different forms import price stood at $X per ton in 2021, which is down by -38.7% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 98% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a 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 ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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