Ecuador: Soap In Bars Market 2025

Soap In Bars Market Size in Ecuador

In 2022, the Ecuadorian soap in bars market increased by X% to $X, rising for the sixth year in a row after three years of decline. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Soap In Bars Production in Ecuador

In value terms, soap in bars production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight slump. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Soap In Bars Exports

Exports from Ecuador

In 2022, exports of soap and organic surface-active products in bars from Ecuador expanded significantly to X tons, picking up by X% against the previous year's figure. Over the period under review, exports, however, recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, soap in bars exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cuba (X tons), Colombia (X tons) and Venezuela (X tons) were the main destinations of soap in bars exports from Ecuador, together comprising X% of total exports. Peru, Panama and Jamaica lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Colombia ($X), Cuba ($X) and Venezuela ($X) appeared to be the largest markets for soap in bars exported from Ecuador worldwide, together comprising X% of total exports. Panama, Peru and Jamaica lagged somewhat behind, together comprising a further X%.

Panama, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average soap in bars export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

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 Venezuela ($X per ton), while the average price for exports to Cuba ($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 Venezuela (X%), while the prices for the other major destinations experienced more modest paces of growth.

Soap In Bars Imports

Imports into Ecuador

In 2022, soap in bars imports into Ecuador rose remarkably to X tons, growing by X% on 2021. Overall, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, soap in bars imports expanded remarkably to $X in 2022. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Colombia (X tons), China (X tons) and Brazil (X tons) were the main suppliers of soap in bars imports to Ecuador, with a combined X% share of total imports.

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

In value terms, Colombia ($X) constituted the largest supplier of soap and organic surface-active products in bars to Ecuador, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Colombia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the average soap in bars import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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