Egypt: Market for Soap In Different Forms 2024

Market Size for Soap In Different Forms in Egypt

In 2021, the Egyptian soap in different forms market increased by 4.4% to $X, rising for the third consecutive year after three years of decline. Overall, consumption showed a relatively flat trend pattern. Soap in different forms consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Soap In Different Forms in Egypt

In value terms, soap in different forms production dropped dramatically to $X in 2021 estimated in export price. Overall, production saw a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 172%. As a result, production reached the peak level of $X, and then contracted markedly in the following year.

Exports of Soap In Different Forms

Exports from Egypt

In 2021, approx. X tons of soap in different forms were exported from Egypt; jumping by 278% compared with 2020 figures. Over the period under review, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, soap in different forms exports skyrocketed to $X in 2021. Overall, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ethiopia (X tons) was the main destination for soap in different forms exports from Egypt, accounting for a 46% share of total exports. Moreover, soap in different forms exports to Ethiopia exceeded the volume sent to the second major destination, Libya (X tons), threefold. The third position in this ranking was taken by Kenya (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Ethiopia amounted to +95.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+10.8% per year) and Kenya (+42.6% per year).

In value terms, Ethiopia ($X) emerged as the key foreign market for soap in different forms exports from Egypt, comprising 49% of total exports. The second position in the ranking was taken by Libya ($X), with a 15% share of total exports. It was followed by Kenya, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ethiopia stood at +98.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+12.3% per year) and Kenya (+44.6% per year).

Export Prices by Country

In 2021, the average soap in different forms export price amounted to $X per ton, increasing by 43% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 59%. The export price peaked in 2021 and is expected to retain growth in the near future.

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 Ethiopia ($X per ton), while the average price for exports to the United Arab Emirates ($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 Lebanon (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soap In Different Forms

Imports into Egypt

In 2021, supplies from abroad of soap in different forms decreased by -4.3% to X tons, falling for the second consecutive year after three years of growth. In general, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -23.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 54%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, soap in different forms imports soared to $X in 2021. Over the period under review, imports, however, recorded a perceptible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest supplier of soap in different forms to Egypt, accounting for a 73% share of total imports. Moreover, soap in different forms imports from Malaysia exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), sevenfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-13.0% per year) and the United Arab Emirates (+76.7% per year).

In value terms, the largest soap in different forms suppliers to Egypt were Malaysia ($X), the United Arab Emirates ($X) and Indonesia ($X), together comprising 83% of total imports.

The United Arab Emirates, with a CAGR of +76.1%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average soap in different forms import price amounted to $X per ton, jumping by 62% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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