Ecuador: Market for Soap In Different Forms 2025

Market Size for Soap In Different Forms in Ecuador

The Ecuadorian soap in different forms market reduced markedly to $X in 2021, shrinking by -20.3% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Soap In Different Forms in Ecuador

In value terms, soap in different forms production plummeted to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Soap in different forms production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Soap In Different Forms

Exports from Ecuador

After two years of decline, shipments abroad of soap in different forms increased by 117% to X tons in 2021. Over the period under review, exports, however, recorded a pronounced slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, soap in different forms exports skyrocketed to $X in 2021. Overall, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 134%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Panama (X tons), Cuba (X tons) and Peru (X tons) were the main destinations of soap in different forms exports from Ecuador, together accounting for 98% of total exports.

From 2012 to 2021, the biggest increases were recorded for Cuba (with a CAGR of +134.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Panama ($X), Cuba ($X) and Colombia ($X) were the largest markets for soap in different forms exported from Ecuador worldwide, together comprising 98% of total exports.

Cuba, with a CAGR of +105.6%, 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

The average soap in different forms export price stood at $X per ton in 2021, growing by 5.7% against the previous year. Overall, the export price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 35% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Peru ($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 Chile (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soap In Different Forms

Imports into Ecuador

In 2021, after two years of growth, there was significant decline in supplies from abroad of soap in different forms, when their volume decreased by -33.2% to X tons. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 when imports increased by 107% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, soap in different forms imports dropped dramatically to $X in 2021. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 102% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of soap in different forms imports to Ecuador, together accounting for 60% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +30.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in different forms suppliers to Ecuador were the United States ($X), Brazil ($X) and China ($X), with a combined 61% share of total imports.

China, with a CAGR of +28.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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, declining by -9.2% against the previous year. Overall, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of 38%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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 Brazil ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+56.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :