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

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

In 2022, after two years of growth, there was significant decline in the Colombian market for soap and organic surface-active products in bars for toilet use, when its value decreased by -8.4% to $X. The market value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Soap And Organic Surface-Active Products In Bars For Toilet Use in Colombia

In value terms, production of soap and organic surface-active products in bars for toilet use expanded remarkably to $X in 2022 estimated in export price. In general, the total production indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

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

Exports from Colombia

Exports of soap and organic surface-active products in bars for toilet use from Colombia surged to X tons in 2022, with an increase of 48% against 2021 figures. In general, exports posted temperate growth. The most prominent rate of growth was recorded in 2020 when exports increased by 113%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of soap and organic surface-active products in bars for toilet use surged to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 140%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Peru (X tons), Ecuador (X tons) and Cuba (X tons) were the main destinations of exports of soap and organic surface-active products in bars for toilet use from Colombia, together accounting for 82% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cuba (with a CAGR of +73.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Ecuador ($X) and Cuba ($X) were the largest markets for soap in bars for toilet use exported from Colombia worldwide, together accounting for 80% of total exports.

Among the main countries of destination, Cuba, with a CAGR of +62.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for soap and organic surface-active products in bars for toilet use stood at $X per ton in 2022, with an increase of 4.2% against the previous year. Overall, the export price, however, continues to indicate a mild downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 13%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Cuba ($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 Mexico (-0.8%), while the prices for the other major destinations experienced a decline.

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

Imports into Colombia

In 2022, supplies from abroad of soap and organic surface-active products in bars for toilet use decreased by -3.6% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.4% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 62%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of soap and organic surface-active products in bars for toilet use declined to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 48% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Free Zones (X tons), Brazil (X tons) and Turkey (X tons) were the main suppliers of imports of soap and organic surface-active products in bars for toilet use to Colombia, with a combined 82% share of total imports. Mexico, Peru, Ecuador, China and Indonesia lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ecuador (with a CAGR of +22.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Free Zones ($X) and Mexico ($X) appeared to be the largest soap in bars for toilet use suppliers to Colombia, with a combined 80% share of total imports. Turkey, Peru, Ecuador, China and Indonesia lagged somewhat behind, together comprising a further 11%.

Ecuador, with a CAGR of +15.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for soap and organic surface-active products in bars for toilet use amounted to $X per ton, shrinking by -2.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 6.1%. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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