Scandinavia: Market for Soap In Different Forms 2025

Market Size for Soap In Different Forms in Scandinavia

In 2021, the Scandinavia soap in different forms market decreased by -11.3% to $X for the first time since 2018, thus ending a two-year rising trend. The total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +35.6% against 2018 indices. Over the period under review, the market hit record highs at $X in 2020, and then reduced in the following year.

Production of Soap In Different Forms in Scandinavia

In value terms, soap in different forms production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 45%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Soap In Different Forms

Exports in Scandinavia

In 2021, the amount of soap in different forms exported in Scandinavia shrank to X tons, with a decrease of -7.3% compared with the previous year's figure. Total exports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +11.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 22%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, soap in different forms exports dropped to $X in 2021. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then dropped in the following year.

Exports by Country

Sweden represented the key exporter of soap in different forms in Scandinavia, with the volume of exports reaching X tons, which was approx. 88% of total exports in 2021. It was distantly followed by Norway (X tons), comprising an 11% share of total exports.

Exports from Sweden increased at an average annual rate of +3.0% from 2012 to 2021. At the same time, Norway (+29.4%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +29.4% from 2012-2021. From 2012 to 2021, the share of Norway increased by +9.2 percentage points.

In value terms, Sweden ($X) remains the largest soap in different forms supplier in Scandinavia, comprising 92% of total exports. The second position in the ranking was taken by Norway ($X), with a 6.5% share of total exports.

In Sweden, soap in different forms exports expanded at an average annual rate of +2.0% over the period from 2012-2021.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, growing by 4.8% against the previous year. Overall, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2017 when the export price increased by 6%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-0.9%).

Imports of Soap In Different Forms

Imports in Scandinavia

In 2021, the amount of soap in different forms imported in Scandinavia shrank to X tons, waning by -14.4% against 2020 figures. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +26.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 47%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, soap in different forms imports dropped rapidly to $X in 2021. Total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +25.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

Sweden (X tons) and Norway (X tons) represented roughly 84% of total imports in 2021. It was distantly followed by Finland (X tons), making up a 16% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +5.4%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest soap in different forms importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

Among the main importing countries, Norway, with a CAGR of +2.9%, saw the highest rates of growth with regard to the value of imports, 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 Scandinavia stood at $X per ton in 2021, waning by -6.5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 17%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+2.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform