Report Update Nov 1, 2024

Uruguay - Soap - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Soap Market 2024

Soap Market Size in Uruguay

In 2021, the Uruguayan soap market decreased by -10.4% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, saw a prominent increase. As a result, consumption attained the peak level of $X, and then fell in the following year.

Soap Production in Uruguay

In value terms, soap production shrank dramatically to $X in 2021 estimated in export price. Overall, production, however, recorded a prominent expansion. The growth pace was the most rapid in 2014 when the production volume increased by 154%. Over the period under review, production attained the maximum level at $X in 2020, and then dropped sharply in the following year.

Soap Exports

Exports from Uruguay

After two years of decline, shipments abroad of soap increased by 14% to X tons in 2021. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by 360% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, soap exports stood at $X in 2021. Overall, exports saw a strong increase. The growth pace was the most rapid in 2014 when exports increased by 275%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons) was the main destination for soap exports from Uruguay, accounting for a 444% share of total exports. It was followed by Chile (X tons), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Argentina totaled +82.5%.

In value terms, Argentina ($X) remains the key foreign market for soap exports from Uruguay, comprising 657% of total exports. The second position in the ranking was taken by Chile ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina totaled +84.1%.

Export Prices by Country

In 2021, the average soap export price amounted to $X per ton, shrinking by -2.4% against the previous year. Overall, the export price recorded a pronounced curtailment. The growth pace was the most rapid in 2013 an increase of 25%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Chile ($X per ton), while the average price for exports to Argentina amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Soap Imports

Imports into Uruguay

In 2021, approx. X tons of soap were imported into Uruguay; with a decrease of -4.2% compared with 2020. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. As a result, imports reached the peak of X tons, and then shrank modestly in the following year.

In value terms, soap imports expanded rapidly to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 13% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), Argentina (X tons) and Paraguay (X tons) were the main suppliers of soap imports to Uruguay, together comprising 80% of total imports. China, Turkey, Chile, the United States, Mexico and Colombia lagged somewhat behind, together comprising a further 17%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +34.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of soap to Uruguay, comprising 50% of total imports. The second position in the ranking was taken by Argentina ($X), with a 21% share of total imports. It was followed by China, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-8.3% per year) and China (+15.9% per year).

Import Prices by Country

The average soap import price stood at $X per ton in 2021, picking up by 16% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Colombia ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soap in the world?

The countries with the highest volumes of soap consumption in 2020 were China, India and the United States, with a combined 30% share of global consumption. Italy, Indonesia, Pakistan, Brazil, Nigeria, Bangladesh, Japan, Mexico, the UK and France lagged somewhat behind, together comprising a further 29%.

What are the largest producers of soap in the world?

The country with the largest volume of soap production was China, comprising approx. 19% of total volume. Moreover, soap production in China exceeded the figures recorded by the second-largest producer, Indonesia, twofold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the leading suppliers of soap to Uruguay?

In value terms, Brazil, Argentina and Paraguay constituted the largest soap suppliers to Uruguay, with a combined 81% share of total imports. These countries were followed by China, Turkey and Chile, which together accounted for a further 11%.

What are the leading importers of soap from Uruguay?

In value terms, Chile remains the key foreign market for soap exports from Uruguay, comprising 69% of total exports. The second position in the ranking was occupied by Paraguay, with a 22% share of total exports. It was followed by the UK, with an 8.3% share.

What is the average export price for soap in Uruguay?

The average soap export price stood at $2,867 per ton in 2020, picking up by 29% against the previous year.

What is the average import price for soap in Uruguay?

In 2020, the average soap import price amounted to $1,637 per ton, waning by -9.5% against the previous year.

This report provides an in-depth analysis of the soap market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20413120 - Soap and organic surface-active products in bars, etc., n.e.c.
Prodcom 20413150 - Soap in the form of flakes, wafers, granules or powders
Prodcom 20413180 - Soap in forms excluding bars, cakes or moulded shapes, p aper, wadding, felt and non-wovens impregnated or coated with soap/detergent, flakes, granules or powders
Prodcom 20421915 - Soap and organic surface-active products in bars, etc., for toilet use
Prodcom 20421930 - Organic surface-active products and preparations for washing the skin, whether or not containing soap, p.r.s.

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023