Peru: 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 Peru

The Peruvian market for soap and organic surface-active products in bars other than for toilet use was finally on the rise to reach $X in 2022, after two years of decline. Overall, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -7.0% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

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

Exports from Peru

In 2022, the amount of soap and organic surface-active products in bars other than for toilet use exported from Peru skyrocketed to X tons, jumping by 29% against 2021 figures. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 84% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use soared to $X in 2022. In general, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 -15.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 80%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Bolivia (X tons) was the main destination for exports of soap and organic surface-active products in bars other than for toilet use from Peru, with a 94% share of total exports. Moreover, exports of soap and organic surface-active products in bars other than for toilet use to Bolivia exceeded the volume sent to the second major destination, Chile (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia amounted to +7.1%.

In value terms, Bolivia ($X) remains the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Peru, comprising 88% of total exports. The second position in the ranking was taken by Chile ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia amounted to +4.6%.

Export Prices by Country

The average export price for soap and organic surface-active products in bars other than for toilet use stood at $X per ton in 2022, falling by -5.5% against the previous year. Over the period under review, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 an increase of 9.9%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Bolivia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+2.1%), 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 Peru

In 2022, the amount of soap and organic surface-active products in bars other than for toilet use imported into Peru rose markedly to X tons, growing by 6.9% against 2021. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 96%. 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 amounted to $X in 2022. In general, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of 104%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Colombia (X tons) and the United States (X tons) were the main suppliers of imports of soap and organic surface-active products in bars other than for toilet use to Peru, with a combined 91% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +68.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of soap and organic surface-active products in bars other than for toilet use to Peru, comprising 58% of total imports. The second position in the ranking was held by Colombia ($X), with a 24% share of total imports. It was followed by the United States, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +45.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+17.8% per year) and the United States (+58.7% per year).

Import Prices by Country

In 2022, the average import price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, almost unchanged from the previous year. In general, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 4.1% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per ton) and China ($X per ton), while the price for the United States ($X per ton) and Colombia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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