Middle East: Soap Market 2020

Soap Market Size in Middle East

The revenue of the soap market in Middle East amounted to $X in 2017, going down by -X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. Over the period under review, the soap market reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Soap Production in Middle East

In 2017, approx. X tons of soap in the form of flakes, wafers, granules or powders were produced in Middle East; flattening at the previous year. The soap production continues to indicate a mild setback. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. In that year, the soap production attained their peak volume of X tons. From 2013 to 2017, growth of the soap production stood at a somewhat lower level.

Soap Exports in Middle East

The exports stood at X tons in 2017, dropping by -X% against the previous year. The soap exports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. In that year, the soap exports attained their peak volume of X tons. From 2013 to 2017, growth of the soap exports stood at a somewhat lower level.

In value terms, soap exports totaled $X in 2017. The soap exports continue to indicate a moderate curtailment. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Soap Exports by Country in Middle East

Turkey prevails in soap exports structure, resulting at X tons, which was approx. X% of total exports in 2017. Qatar (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Saudi Arabia (X%) and Jordan (X%). Oman (X tons), the United Arab Emirates (X tons) and Kuwait (X tons) held the slight share of total exports.

Turkey experienced a relatively flat trend pattern of soap in the form of flakes, wafers, granules or powders exports. At the same time, Kuwait (+X%), Qatar (+X%), the United Arab Emirates (+X%) and Oman (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. Jordan experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Oman (-X%), the United Arab Emirates (-X%), Kuwait (-X%) and Qatar (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest soap supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, soap exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (-X% per year) and the United Arab Emirates (+X% per year).

Soap Export Prices by Country in Middle East

In 2017, the soap export price in Middle East amounted to $X per ton, leveling off at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the export prices for soap in the form of flakes, wafers, granules or powders attained its maximum level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

Soap Imports in Middle East

In 2017, soap imports in Middle East totaled X tons, going down by -X% against the previous year. The total imports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the soap imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, soap imports stood at $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the soap imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Soap Imports by Country in Middle East

In 2017, the United Arab Emirates (X tons) was the main importer for soap in the form of flakes, wafers, granules or powders, creating X% of total imports. Iraq (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Turkey (X%), Saudi Arabia (X%), Iran (X%) and Lebanon (X%). Yemen (X tons) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of +X% from 2007 to 2017. At the same time, Turkey (+X%), Saudi Arabia (+X%), Iran (+X%), Yemen (+X%), Iraq (+X%) and Lebanon (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. While the share of Lebanon (-X%), Yemen (-X%), Iran (-X%), Iraq (-X%), Saudi Arabia (-X%), Turkey (-X%) and the United Arab Emirates (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest soap markets worldwide were the United Arab Emirates ($X), Turkey ($X) and Iraq ($X), with a combined X% share of total imports.

Among the main importing countries , Turkey (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Soap Import Prices by Country in Middle East

The soap import price in Middle East stood at $X per ton in 2017, declining by -X% against the previous year. The soap import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% against the previous year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Turkey ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Iran (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform