Eastern Asia: Soap Market 2020

Soap Market Size in Eastern Asia

The revenue of the soap market in Eastern Asia amounted to $X in 2017, coming up by X% against the previous year. The soap consumption continues to indicate a remarkable expansion. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. The level of soap consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Soap Production in Eastern Asia

In 2017, approx. X tons of soap in the form of flakes, wafers, granules or powders were produced in Eastern Asia; flattening at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2009, when the output figure increased by X% year-to-year. Over the period under review, the soap production reached its maximum volume of X tons in 2016, leveling off in the following year.

Soap Exports in Eastern Asia

In 2017, approx. X tons of soap in the form of flakes, wafers, granules or powders were exported in Eastern Asia; waning by -X% against the previous year. The total exports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the soap exports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2014, when it surged by X% year-to-year. In that year, the soap exports reached their peak volume of X tons. From 2015 to 2017, growth of the soap exports failed to regain its momentum.

In value terms, soap exports stood at $X in 2017. The soap exports continue to indicate a remarkable expansion. In that year, the soap exports attained their peak level of $X. From 2015 to 2017, growth of the soap exports stood at a somewhat lower level.

Soap Exports by Country in Eastern Asia

China dominates soap exports structure, finishing at X tons, which was approx. X% of total exports in 2017. Japan (X tons) ranks second in terms of the global exports with a X% share, followed by China, Hong Kong SAR (X%). South Korea (X tons) occupied the mild share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%), Japan (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Japan, China, Hong Kong SAR and China decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest soap supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and China, Hong Kong SAR (+X% per year).

Soap Export Prices by Country in Eastern Asia

The soap export price in Eastern Asia stood at $X per ton in 2017, jumping by X% against the previous year. The export price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the soap export price increased by +X% against 2014 indices. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the export prices for soap in the form of flakes, wafers, granules or powders reached its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Soap Imports in Eastern Asia

In 2017, approx. X tons of soap in the form of flakes, wafers, granules or powders were imported in Eastern Asia; growing by X% against the previous year. The total imports indicated a moderate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the soap imports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2015, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, soap imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the soap imports attained its maximum level in 2017, and are likely to continue its growth in the near future.

Soap Imports by Country in Eastern Asia

In 2017, China (X tons) was the largest importer for soap in the form of flakes, wafers, granules or powders, achieving X% of total imports. South Korea (X tons) held the second position in the ranking, followed by Japan (X tons). All these countries together occupied approx. X% share of total imports. China, Hong Kong SAR (X tons) and Taiwan, Chinese (X tons) followed a long way behind the leaders.

China was also the fastest growing in terms of the soap in the form of flakes, wafers, granules or powders imports, with a CAGR of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Japan and South Korea experienced a relatively flat trend pattern. While the share of South Korea (X%) increased significantly in terms of the global imports from 2007-2017, the share of China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported soap in the form of flakes, wafers, granules or powders in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, soap imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Japan (+X% per year).

Soap Import Prices by Country in Eastern Asia

The soap import price in Eastern Asia stood at $X per ton in 2017, reducing by -X% against the previous year. The soap import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China, Hong Kong SAR ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform