Cameroon: 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 Cameroon

The Cameroonian market for soap and organic surface-active products in bars other than for toilet use stood at $X in 2022, with an increase of 2.5% against the previous year. Overall, consumption continues to indicate resilient growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Cameroon

In value terms, production of soap and organic surface-active products in bars other than for toilet use expanded notably to $X in 2022 estimated in export price. In general, production, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 541%. Over the period under review, production of reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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

Exports from Cameroon

In 2022, approx. X tons of soap and organic surface-active products in bars other than for toilet use were exported from Cameroon; with an increase of 17% against 2021. Over the period under review, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2014 with an increase of 843% against the previous year. The exports peaked at X tons in 2017; however, from 2018 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 expanded rapidly to $X in 2022. Overall, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2014 when exports increased by 891% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Chad (X tons) was the main destination for exports of soap and organic surface-active products in bars other than for toilet use from Cameroon, accounting for a 75% share of total exports. Moreover, exports of soap and organic surface-active products in bars other than for toilet use to Chad exceeded the volume sent to the second major destination, Congo (X tons), fourfold. The third position in this ranking was held by Gabon (X tons), with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume to Chad totaled -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (-3.5% per year) and Gabon (-23.0% per year).

In value terms, Chad ($X) remains the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Cameroon, comprising 77% of total exports. The second position in the ranking was taken by Congo ($X), with a 15% share of total exports. It was followed by Gabon, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value to Chad totaled -13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (-10.6% per year) and Gabon (-26.0% 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, reducing by -3.9% against the previous year. Overall, the export price saw a drastic downturn. The growth pace was the most rapid in 2021 an increase of 6.8% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Equatorial Guinea ($X per ton), while the average price for exports to Congo ($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 Equatorial Guinea (-2.4%), while the prices for the other major destinations experienced a decline.

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

Imports into Cameroon

In 2022, the amount of soap and organic surface-active products in bars other than for toilet use imported into Cameroon expanded sharply to X tons, surging by 6.6% against 2021 figures. Overall, imports recorded a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 177% 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 rose to $X in 2022. Over the period under review, imports showed a resilient expansion. The growth pace was the most rapid in 2019 when imports increased by 289% against the previous year. Imports peaked at $X in 2020; afterwards, it flattened through to 2022.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of soap in bars other than for toilet use to Cameroon, with a 47% 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, France (X tons), threefold. Vietnam (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +27.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+22.0% per year) and Vietnam (+5.7% per year).

In value terms, China ($X) constituted the largest supplier of soap and organic surface-active products in bars other than for toilet use to Cameroon, comprising 67% of total imports. The second position in the ranking was held by France ($X), with a 21% share of total imports. It was followed by Vietnam, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +36.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+16.6% per year) and Vietnam (+0.4% per year).

Import Prices by Country

In 2022, the average import price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, with a decrease of -4.4% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 other than for toilet use increased by +96.0% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 42%. As a result, import price reached the peak level of $X per ton, and then dropped modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform