Thailand: Market for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use 2025

Market Size for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Thailand

The Thai market for soap and organic surface-active products in bars other than for toilet use expanded notably to $X in 2022, picking up by 12% against the previous year. Overall, consumption enjoyed strong growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

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

In value terms, production of soap and organic surface-active products in bars other than for toilet use expanded notably to $X in 2022 estimated in export price. Overall, production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 80% against the previous year. As a result, production reached the peak level of $X. From 2021 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 Thailand

In 2022, the amount of soap and organic surface-active products in bars other than for toilet use exported from Thailand dropped significantly to X tons, falling by -33.8% against 2021. Overall, exports, however, saw a moderate increase. The most prominent rate of growth was recorded in 2018 when exports increased by 250% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use declined sharply to $X in 2022. In general, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2018 with an increase of 134% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for exports of soap and organic surface-active products in bars other than for toilet use from Thailand, accounting for a 76% share of total exports. Moreover, exports of soap and organic surface-active products in bars other than for toilet use to Japan exceeded the volume sent to the second major destination, Cote d'Ivoire (X tons), more than tenfold. Lao People's Democratic Republic (X tons) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume to Japan amounted to +93.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (0.0% per year) and Lao People's Democratic Republic (-0.3% per year).

In value terms, Japan ($X) remains the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Thailand, comprising 88% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a 1.7% share of total exports. It was followed by Vietnam, with a 1.2% share.

From 2012 to 2022, the average annual growth rate of value to Japan amounted to +85.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+1.4% per year) and Vietnam (+1.9% per year).

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, rising by 27% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 68%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Cote d'Ivoire ($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 Hong Kong SAR (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Thailand

In 2022, after five years of growth, there was significant decline in supplies from abroad of soap and organic surface-active products in bars other than for toilet use, when their volume decreased by -16.5% to X tons. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 155% against the previous year. Imports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use contracted to $X in 2022. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 131% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest soap in bars other than for toilet use supplier to Thailand, with a 90% share of total imports. Moreover, imports of soap and organic surface-active products in bars other than for toilet use from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold. The third position in this ranking was taken by Singapore (X tons), with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +61.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+37.8% per year) and Singapore (+97.5% per year).

In value terms, China ($X) constituted the largest supplier of soap and organic surface-active products in bars other than for toilet use to Thailand, comprising 72% of total imports. The second position in the ranking was held by Japan ($X), with an 8.2% share of total imports. It was followed by South Korea, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +47.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+23.4% per year) and South Korea (-8.4% per year).

Import Prices by Country

The average import price for soap and organic surface-active products in bars other than for toilet use stood at $X per ton in 2022, rising by 2.9% against the previous year. Overall, the import price, however, recorded a deep downturn. The growth pace was the most rapid in 2017 when the average import price increased by 5.1%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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