Japan: 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 Japan

The Japanese market for soap and organic surface-active products in bars other than for toilet use rose sharply to $X in 2022, picking up by 14% against the previous year. Over the period under review, consumption showed a buoyant increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Japan

In value terms, production of soap and organic surface-active products in bars other than for toilet use reached $X in 2022 estimated in export price. Overall, production posted a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 80%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

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

Exports from Japan

In 2022, overseas shipments of soap and organic surface-active products in bars other than for toilet use decreased by -7.8% to X tons, falling for the fourth consecutive year after seven years of growth. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2014 when exports increased by 42%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use reduced to $X in 2022. In general, total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -37.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 28%. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons) were the main destinations of exports of soap and organic surface-active products in bars other than for toilet use from Japan, with a combined 53% share of total exports. Singapore, Malaysia, Australia, Thailand, South Korea and Russia lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +22.1%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Australia ($X) were the largest markets for soap in bars other than for toilet use exported from Japan worldwide, together comprising 53% of total exports. Hong Kong SAR, Singapore, South Korea, Malaysia, Thailand and Russia lagged somewhat behind, together comprising a further 37%.

Thailand, with a CAGR of +13.2%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average export price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, with a decrease of -7.5% against the previous year. In general, the export price recorded a pronounced decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 12%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Australia ($X per ton), while the average price for exports to Singapore ($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 South Korea (+3.0%), while the prices for the other major destinations experienced a decline.

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

Imports into Japan

Imports of soap and organic surface-active products in bars other than for toilet use into Japan totaled X tons in 2022, with an increase of 9.1% against the year before. The total import volume increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 17% against the previous year. Over the period under review, imports of hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use shrank modestly to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.2% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 18%. Over the period under review, imports of attained the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest soap in bars other than for toilet use supplier to Japan, accounting for a 60% share of total imports. Moreover, imports of soap and organic surface-active products in bars other than for toilet use from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+32.8% per year) and the United States (-0.5% per year).

In value terms, China ($X) constituted the largest supplier of soap and organic surface-active products in bars other than for toilet use to Japan, comprising 48% of total imports. The second position in the ranking was held by Thailand ($X), with a 20% share of total imports. It was followed by South Korea, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+38.0% per year) and South Korea (+22.7% per year).

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, dropping by -8.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 an increase of 12%. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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