Puerto Rico: Soap Market 2025

Soap Market Size in Puerto Rico

In 2021, the Puerto Rican soap market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption, however, saw a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Soap Production in Puerto Rico

In value terms, soap production rose sharply to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of 24% against the previous year. Puerto Rico production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Soap Exports

Exports from Puerto Rico

Soap exports from Puerto Rico was estimated at less than X kg in 2021, leveling off at the previous year. Overall, exports showed a relatively flat trend pattern.

In value terms, soap exports stood at less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

The biggest shipments were from Indonesia (X tons), Germany (X tons), Turkey (X tons), China (X tons), Malaysia (X tons), Poland (X tons), the United States (X tons) and Italy (X tons), together accounting for 59% of total export. The following exporters - the UK (X tons), Mexico (X tons), the Netherlands (X tons), France (X tons) and Canada (X tons) - together made up 12% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +12.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and China ($X) constituted the countries with the highest levels of exports in 2021, with a combined 24% share of total exports. Indonesia, Poland, Turkey, France, Italy, the Netherlands, Malaysia, the UK, Canada and Mexico lagged somewhat behind, together accounting for a further 41%.

In terms of the main exporting countries, the Netherlands, with a CAGR of +11.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, stabilizing at the previous year. Overall, the export price recorded a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.6%), while the other leaders experienced more modest paces of growth.

Soap Imports

Imports into Puerto Rico

In 2021, imports of soap into Puerto Rico was estimated at less than X kg, standing approx. at 2020. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, soap imports amounted to less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), followed by Germany (X tons) represented the key importers of soap, together committing 13% of total imports. The following importers - the United Arab Emirates (X tons), France (X tons), the UK (X tons), Canada (X tons), the Netherlands (X tons), China (X tons), India (X tons), Poland (X tons), Russia (X tons), Australia (X tons) and Italy (X tons) - together made up 29% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of +15.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soap importing markets into Puerto Rico were China ($X), the United States ($X) and Germany ($X), together comprising 25% of total imports.

China, with a CAGR of +38.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, stabilizing at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+23.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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