South-Eastern Asia: Market for Soap In Different Forms 2025

Market Size for Soap In Different Forms in South-Eastern Asia

The Southeast Asian soap in different forms market skyrocketed to $X in 2021, jumping by 20% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Soap In Different Forms in South-Eastern Asia

In value terms, soap in different forms production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2017 with an increase of 9.7% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2021.

Exports of Soap In Different Forms

Exports in South-Eastern Asia

After six years of growth, overseas shipments of soap in different forms decreased by -7.6% to X tons in 2021. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +9.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 56% against the previous year. The volume of export peaked at X tons in 2020, and then contracted in the following year.

In value terms, soap in different forms exports expanded sharply to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +49.9% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of 27%. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Exports by Country

Indonesia was the major exporting country with an export of about X tons, which resulted at 61% of total exports. It was distantly followed by Malaysia (X tons), constituting a 33% share of total exports. Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +15.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Malaysia ($X) and Thailand ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 93% share of total exports.

Indonesia, with a CAGR of +13.7%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, with an increase of 19% against the previous year. Overall, the export price, however, continues to indicate a pronounced decline. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-1.7%), while the other leaders experienced a decline in the export price figures.

Imports of Soap In Different Forms

Imports in South-Eastern Asia

In 2021, the amount of soap in different forms imported in South-Eastern Asia declined to X tons, shrinking by -11% against the previous year's figure. Total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 37% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then fell in the following year.

In value terms, soap in different forms imports expanded significantly to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +42.9% against 2014 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 22% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Philippines (X tons) was the largest importer of soap in different forms, committing 41% of total imports. Thailand (X tons) ranks second in terms of the total imports with a 19% share, followed by Malaysia (13%), Vietnam (8.3%), Singapore (6.3%) and Myanmar (6.3%). Indonesia (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to soap in different forms imports into the Philippines stood at +13.1%. At the same time, Myanmar (+37.4%), Indonesia (+19.9%), Thailand (+5.9%), Singapore (+4.6%), Malaysia (+3.1%) and Vietnam (+1.9%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +37.4% from 2012-2021. From 2012 to 2021, the share of the Philippines, Myanmar and Indonesia increased by +13, +5.6 and +2.5 percentage points, respectively.

In value terms, the Philippines ($X), Singapore ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 67% share of total imports. These countries were followed by Malaysia, Vietnam, Indonesia and Myanmar, which together accounted for a further 31%.

Indonesia, with a CAGR of +34.5%, recorded the highest growth rate of the value of imports, among 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

In 2021, the import price in South-Eastern Asia amounted to $X per ton, surging by 24% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+12.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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