Turkey: Soap And Detergent Market 2024

Soap And Detergent Market Size in Turkey

The Turkish soap and detergent market declined modestly to $X in 2022, dropping by X% against the previous year. In general, consumption, however, continues to indicate resilient growth. Soap and detergent consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Soap And Detergent Production in Turkey

In value terms, soap and detergent production dropped to $X in 2022 estimated in export price. Overall, production, however, recorded a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Soap and detergent production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Soap And Detergent Exports

Exports from Turkey

In 2022, approx. X tons of soap and detergents were exported from Turkey; picking up by X% against the previous year's figure. In general, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons; afterwards, it flattened through to 2022.

In value terms, soap and detergent exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Iraq (X tons) was the main destination for soap and detergent exports from Turkey, accounting for a X% share of total exports. Moreover, soap and detergent exports to Iraq exceeded the volume sent to the second major destination, Israel (X tons), twofold. The third position in this ranking was taken by Azerbaijan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (X% per year) and Azerbaijan (X% per year).

In value terms, the largest markets for soap and detergent exported from Turkey were Iraq ($X), Russia ($X) and Azerbaijan ($X), with a combined X% share of total exports. Israel, the United States, Georgia, Romania, Iran, Serbia, Bulgaria, Morocco, Qatar and Libya lagged somewhat behind, together accounting for a further X%.

Qatar, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average soap and detergent export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, saw a pronounced reduction. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Romania ($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 Bulgaria (X%), while the prices for the other major destinations experienced a decline.

Soap And Detergent Imports

Imports into Turkey

Soap and detergent imports into Turkey expanded notably to X tons in 2022, with an increase of X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, soap and detergent imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of soap and detergent imports to Turkey, with a combined X% share of total imports. Malaysia, Italy, France, the UK, the Netherlands, Spain, Egypt, Bulgaria, India and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest soap and detergent suppliers to Turkey were Belgium ($X), Poland ($X) and Germany ($X), with a combined X% share of total imports. Malaysia, Italy, the Netherlands, France, the UK, India, Egypt, Spain, Bulgaria and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Bulgaria, with a CAGR of X%, 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

In 2022, the average soap and detergent import price amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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