Kenya: Soap In Bars Market 2024

Soap In Bars Market Size in Kenya

The Kenyan soap in bars market surged to $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Soap In Bars Production in Kenya

In value terms, soap in bars production rose slightly to $X in 2022 estimated in export price. Overall, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Soap In Bars Exports

Exports from Kenya

After six years of growth, shipments abroad of soap and organic surface-active products in bars decreased by X% to X tons in 2022. In general, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell rapidly in the following year.

In value terms, soap in bars exports amounted to $X in 2022. Over the period under review, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Tanzania (X tons) was the main destination for soap in bars exports from Kenya, accounting for a X% share of total exports. Moreover, soap in bars exports to Tanzania exceeded the volume sent to the second major destination, Somalia (X tons), fourfold. The third position in this ranking was taken by Uganda (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X% per year) and Uganda (X% per year).

In value terms, Tanzania ($X) remains the key foreign market for soap and organic surface-active products in bars exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Somalia ($X), with a X% share of total exports. It was followed by Uganda, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Tanzania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X% per year) and Uganda (X% per year).

Export Prices by Country

In 2022, the average soap in bars export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 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 Uganda ($X per ton), while the average price for exports to Somalia ($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 Tanzania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Soap In Bars Imports

Imports into Kenya

After two years of decline, overseas purchases of soap and organic surface-active products in bars increased by X% to X tons in 2022. Overall, imports recorded modest growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, soap in bars imports expanded remarkably to $X in 2022. In general, imports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Tanzania (X tons) constituted the largest soap in bars supplier to Kenya, accounting for a X% share of total imports. Moreover, soap in bars imports from Tanzania exceeded the figures recorded by the second-largest supplier, Egypt (X tons), ninefold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Tanzania stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and China (X% per year).

In value terms, Tanzania ($X), Egypt ($X) and South Africa ($X) constituted the largest soap in bars suppliers to Kenya, together comprising X% of total imports.

Tanzania, with a CAGR of X%, saw 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 a decline.

Import Prices by Country

In 2022, the average soap in bars import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked at $X per ton in 2021, and then declined sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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