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

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

The Ethiopian market for soap and organic surface-active products in bars other than for toilet use was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption, however, faced a deep contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

Exports from Ethiopia

In 2022, exports of soap and organic surface-active products in bars other than for toilet use from Ethiopia shrank sharply to X kg, waning by -39.7% on the previous year's figure. In general, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 408%. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use shrank significantly to $X in 2022. Overall, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 594%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Palau (X kg) was the main destination for exports of soap and organic surface-active products in bars other than for toilet use from Ethiopia, with a 80% share of total exports. Moreover, exports of soap and organic surface-active products in bars other than for toilet use to Palau exceeded the volume sent to the second major destination, South Africa (X kg), tenfold. The third position in this ranking was taken by the United States (X kg), with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume to Palau amounted to -13.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+29.9% per year) and the United States (-4.9% per year).

In value terms, Palau ($X) remains the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Ethiopia, comprising 59% of total exports. The second position in the ranking was taken by Italy ($X), with a 21% share of total exports. It was followed by South Africa, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Palau stood at -15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and South Africa (+38.3% per year).

Export Prices by Country

The average export price for soap and organic surface-active products in bars other than for toilet use stood at $X per ton in 2022, with a decrease of -5.1% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for soap and organic surface-active products in bars other than for toilet use increased by +29.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 37%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

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 Italy ($X per ton), while the average price for exports to Palau ($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 the United States (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Ethiopia

In 2022, after two years of decline, there was significant growth in overseas purchases of soap and organic surface-active products in bars other than for toilet use, when their volume increased by 26% to X tons. In general, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 178%. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use surged to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of 156% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest soap in bars other than for toilet use supplier to Ethiopia, with a 36% share of total imports. Moreover, imports of soap and organic surface-active products in bars other than for toilet use from Indonesia exceeded the figures recorded by the second-largest supplier, Egypt (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume from Indonesia amounted to -24.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+6.4% per year) and the United Arab Emirates (+43.9% per year).

In value terms, Indonesia ($X), Egypt ($X) and the United Arab Emirates ($X) appeared to be the largest soap in bars other than for toilet use suppliers to Ethiopia, together accounting for 62% of total imports.

The United Arab Emirates, with a CAGR of +49.4%, recorded 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

The average import price for soap and organic surface-active products in bars other than for toilet use stood at $X per ton in 2022, rising by 4.9% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soap and organic surface-active products in bars other than for toilet use decreased by -4.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 56%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform