Sweden: 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 Sweden

After four years of growth, the Swedish market for soap and organic surface-active products in bars other than for toilet use decreased by -1.7% to $X in 2022. Overall, consumption, however, saw a remarkable increase. Consumption of peaked at $X in 2021, and then dropped modestly in the following year.

Production of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Sweden

In value terms, production of soap and organic surface-active products in bars other than for toilet use declined to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 56% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

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

Exports from Sweden

In 2022, exports of soap and organic surface-active products in bars other than for toilet use from Sweden surged to X tons, picking up by 69% on 2021 figures. Overall, exports enjoyed resilient growth. Over the period under review, the exports of hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use amounted to $X in 2022. In general, exports recorded a noticeable expansion. The pace of growth was the most pronounced in 2015 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for exports of soap and organic surface-active products in bars other than for toilet use from Sweden, accounting for a 63% share of total exports. Moreover, exports of soap and organic surface-active products in bars other than for toilet use to Norway exceeded the volume sent to the second major destination, Finland (X tons), fivefold. The third position in this ranking was taken by the Netherlands (X tons), with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway amounted to +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+22.7% per year) and the Netherlands (+4.0% per year).

In value terms, Norway ($X) remains the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Sweden, comprising 53% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total exports. It was followed by Finland, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+4.1% per year) and Finland (+9.0% per year).

Export Prices by Country

In 2022, the average export price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, shrinking by -34% against the previous year. Over the period under review, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Iceland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.1%), 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 Sweden

For the fourth year in a row, Sweden recorded growth in supplies from abroad of soap and organic surface-active products in bars other than for toilet use, which increased by 12% to X tons in 2022. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 94%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use stood at $X in 2022. Over the period under review, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 80% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The UK (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of imports of soap and organic surface-active products in bars other than for toilet use to Sweden, with a combined 81% share of total imports. Turkey, China, South Korea and the Netherlands lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +67.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in bars other than for toilet use suppliers to Sweden were the UK ($X), Germany ($X) and Denmark ($X), with a combined 70% share of total imports. China, Turkey, the Netherlands and South Korea lagged somewhat behind, together comprising a further 16%.

South Korea, with a CAGR of +60.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, with a decrease of -8.1% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The growth pace was the most rapid in 2018 an increase of 35%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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