GCC: Market for Soap In Different Forms 2025

Market Size for Soap In Different Forms in GCC

In 2021, the GCC soap in different forms market increased by 42% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a mild descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Soap In Different Forms in GCC

In value terms, soap in different forms production reduced to $X in 2021 estimated in export price. In general, production faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by 56%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Soap In Different Forms

Exports in GCC

In 2021, approx. X tons of soap in different forms were exported in GCC; jumping by 17% compared with the previous year's figure. In general, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 55%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, soap in different forms exports fell to $X in 2021. Over the period under review, exports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 50%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) dominates exports structure, together committing 93% of total exports. Oman (X tons) and Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kuwait (with a CAGR of +12.1%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest soap in different forms supplier in GCC, comprising 64% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 26% share of total exports. It was followed by Oman, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates totaled +10.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (-24.8% per year) and Oman (-0.0% per year).

Export Prices by Country

In 2021, the export price in GCC amounted to $X per ton, reducing by -17.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 35% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined notably in the following year.

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 Kuwait ($X per ton), while Saudi Arabia ($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 (+2.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Soap In Different Forms

Imports in GCC

In 2021, after two years of decline, there was significant growth in overseas purchases of soap in different forms, when their volume increased by 62% to X tons. Overall, imports saw a relatively flat trend pattern. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, soap in different forms imports surged to $X in 2021. Over the period under review, imports, however, showed a perceptible shrinkage. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, finishing at X tons, which was near 85% of total imports in 2021. It was distantly followed by Saudi Arabia (X tons), mixing up a 9.5% share of total imports. Oman (X tons) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of +1.5% from 2012 to 2021. At the same time, Saudi Arabia (+2.8%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in GCC, with a CAGR of +2.8% from 2012-2021. By contrast, Oman (-11.1%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+7 p.p.) and Saudi Arabia (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Oman (-6 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported soap in different forms in GCC, comprising 80% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates amounted to -1.6%. In the other countries, the average annual rates were as follows: Saudi Arabia (-0.8% per year) and Oman (-19.1% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2021, shrinking by -10% against the previous year. Over the period under review, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2020 when the import price increased by 9.2%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform