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

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

The Mexican market for soap and organic surface-active products in bars for toilet use declined significantly to $X in 2022, reducing by -32.9% against the previous year. Over the period under review, consumption recorded a deep reduction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Soap And Organic Surface-Active Products In Bars For Toilet Use in Mexico

In value terms, production of soap and organic surface-active products in bars for toilet use totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 7.1%. Production of peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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

Exports from Mexico

In 2022, approx. X tons of soap and organic surface-active products in bars for toilet use were exported from Mexico; jumping by 38% on the previous year's figure. In general, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 when exports increased by 58% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of soap and organic surface-active products in bars for toilet use skyrocketed to $X in 2022. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by 45% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

The United States (X tons) was the main destination for exports of soap and organic surface-active products in bars for toilet use from Mexico, with a 91% share of total exports. It was followed by Guatemala (X tons), with a 2.6% share of total exports. The third position in this ranking was held by Panama (X tons), with a 1.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (-7.5% per year) and Panama (-7.0% per year).

In value terms, the United States ($X) remains the key foreign market for soap and organic surface-active products in bars for toilet use exports from Mexico, comprising 84% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 4.1% share of total exports. It was followed by Panama, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (-2.2% per year) and Panama (-1.6% per year).

Export Prices by Country

The average export price for soap and organic surface-active products in bars for toilet use stood at $X per ton in 2022, reducing by -2% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2014 an increase of 65% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to the United States ($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 Colombia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Mexico

In 2022, imports of soap and organic surface-active products in bars for toilet use into Mexico shrank to X tons, waning by -14.4% on the previous year. In general, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, imports of soap and organic surface-active products in bars for toilet use skyrocketed to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.4% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 25%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Germany (X tons) and Brazil (X tons) were the main suppliers of imports of soap and organic surface-active products in bars for toilet use to Mexico, together comprising 90% of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +19.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in bars for toilet use suppliers to Mexico were the United States ($X), Germany ($X) and Brazil ($X), with a combined 88% share of total imports.

The United States, with a CAGR of +13.1%, saw the highest growth rate of 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 for toilet use stood at $X per ton in 2022, rising by 39% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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