EU: Market for Soap In Different Forms 2024

Market Size for Soap In Different Forms in the EU

The EU soap in different forms market shrank to $X in 2021, which is down by -4.7% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X, and then reduced modestly in the following year.

Production of Soap In Different Forms in the EU

In value terms, soap in different forms production reduced notably to $X in 2021 estimated in export price. In general, production, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2020 when the production volume increased by 32%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Soap In Different Forms

Exports in the EU

In 2021, exports of soap in different forms in the European Union shrank to X tons, declining by -9.7% compared with the year before. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 44%. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, soap in different forms exports contracted to $X in 2021. The total export value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 50% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Poland was the key exporting country with an export of about X tons, which amounted to 30% of total exports. Italy (X tons) ranks second in terms of the total exports with a 14% share, followed by Germany (9.2%), Spain (8.8%), Belgium (8.2%), the Netherlands (7.8%), France (6.7%) and Sweden (6.1%).

Poland was also the fastest-growing in terms of the soap in different forms exports, with a CAGR of +15.0% from 2012 to 2021. At the same time, Spain (+10.0%), the Netherlands (+8.2%), Sweden (+3.0%) and France (+2.1%) displayed positive paces of growth. By contrast, Italy (-2.8%), Belgium (-4.1%) and Germany (-6.6%) illustrated a downward trend over the same period. Poland (+20 p.p.), Spain (+4.3 p.p.) and the Netherlands (+3.2 p.p.) significantly strengthened its position in terms of the total exports, while Belgium, Italy and Germany saw its share reduced by -6.3%, -8% and -11.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest soap in different forms supplying countries in the European Union were Poland ($X), the Netherlands ($X) and Italy ($X), together comprising 44% of total exports.

Among the main exporting countries, Poland, with a CAGR of +12.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, surging by 4.3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 10% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the other leaders experienced more modest paces of growth.

Imports of Soap In Different Forms

Imports in the EU

In 2021, imports of soap in different forms in the European Union fell to X tons, reducing by -13.1% compared with 2020 figures. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, soap in different forms imports reduced slightly to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Germany (X tons) and France (X tons) represented roughly 31% of total imports in 2021. The Netherlands (X tons) ranks next in terms of the total imports with an 8.2% share, followed by Poland (7.5%), Portugal (5.6%), Italy (5.5%) and Sweden (5%). Romania (X tons), Denmark (X tons), Austria (X tons), Spain (X tons), Belgium (X tons) and Hungary (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +10.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in different forms importing markets in the European Union were France ($X), Germany ($X) and the Netherlands ($X), together accounting for 39% of total imports.

Among the main importing countries, the Netherlands, with a CAGR of +7.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, increasing by 9.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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