China - Soap And Organic Surface-Active Products In Bars (Other Than For Toilet Use) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Soap in Bars Other than for Toilet Use in China - 2023
Contents:
- Price for Soap in Bars Other than for Toilet Use in China (FOB) - 2023
- Price for Soap in Bars Other than for Toilet Use in China (CIF) - 2023
- Exports of Soap in Bars Other than for Toilet Use in China
- Imports of Soap in Bars Other than for Toilet Use in China
Price for Soap in Bars Other than for Toilet Use in China (FOB) - 2023
In December 2023, the average export price for soap and organic surface-active products in bars other than for toilet use amounted to $1,638 per ton, surging by 8.9% against the previous month. In general, the export price, however, continues to indicate a pronounced slump. The export price peaked at $2,110 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Thailand ($3,232 per ton), while the average price for exports to Peru ($666 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Soap in Bars Other than for Toilet Use in China (CIF) - 2023
In December 2023, the average import price for soap and organic surface-active products in bars other than for toilet use amounted to $1,845 per ton, declining by -26% against the previous month. Over the period under review, the import price continues to indicate a slight decrease. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 53% m-o-m. The import price peaked at $3,731 per ton in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($5,724 per ton), while the price for Bosnia and Herzegovina ($505 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soap in Bars Other than for Toilet Use in China
In 2022, the amount of soap and organic surface-active products in bars other than for toilet use exported from China totaled 381K tons, growing by 2.9% on the previous year's figure. Over the period under review, exports showed prominent growth. The pace of growth appeared the most rapid in 2020 when exports increased by 117%. As a result, the exports reached the peak of 596K tons. From 2021 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 stood at $741M in 2022. Overall, exports recorded resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 126% against the previous year. As a result, the exports reached the peak of $1B. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Soap in Bars Other than for Toilet Use in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 114 | 465 | 196 | 152 | 10.1% |
Philippines | 32.0 | 35.3 | 37.3 | 65.5 | 27.0% |
Australia | 46.1 | 92.1 | 52.3 | 63.2 | 11.1% |
Thailand | 4.5 | 9.5 | 22.6 | 52.8 | 127.2% |
Japan | 45.6 | 89.3 | 42.4 | 43.7 | -1.4% |
Chile | 15.4 | 30.9 | 37.3 | 32.3 | 28.0% |
Malaysia | 5.9 | 10.6 | 12.5 | 29.3 | 70.6% |
Peru | 8.5 | 13.7 | 20.4 | 20.2 | 33.4% |
Canada | 15.2 | 45.8 | 19.7 | 18.9 | 7.5% |
Singapore | 5.6 | 8.6 | 8.1 | 15.9 | 41.6% |
Hong Kong SAR | 10.8 | 15.0 | 13.2 | 15.1 | 11.8% |
Taiwan (Chinese) | 8.5 | 12.1 | 9.8 | 13.6 | 17.0% |
Denmark | 6.5 | 11.5 | 11.3 | 9.9 | 15.1% |
Others | 140 | 194 | 174 | 208 | 14.1% |
Total | 458 | 1,033 | 657 | 741 | 17.4% |
Top Export Markets for Soap in Bars Other than for Toilet Use from China in 2022:
- United States (87.0K tons)
- Australia (42.5K tons)
- Chile (33.5K tons)
- Japan (25.6K tons)
- Philippines (22.1K tons)
- Peru (17.9K tons)
- Thailand (15.3K tons)
- Canada (12.4K tons)
- Denmark (7.4K tons)
- Malaysia (7.2K tons)
- Taiwan (Chinese) (7.0K tons)
- Hong Kong SAR (6.3K tons)
- Singapore (6.0K tons)
Imports of Soap in Bars Other than for Toilet Use in China
In 2022, after two years of decline, there was significant growth in purchases abroad of soap and organic surface-active products in bars other than for toilet use, when their volume increased by 18% to 21K tons. Over the period under review, imports, however, recorded a noticeable shrinkage.
In value terms, imports of soap and organic surface-active products in bars other than for toilet use rose rapidly to $51M in 2022. Overall, imports showed mild growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Soap in Bars Other than for Toilet Use in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 18.0 | 11.8 | 13.7 | 12.8 | -10.7% |
Indonesia | 7.9 | 7.3 | 8.7 | 12.7 | 17.1% |
Italy | 5.6 | 8.6 | 9.5 | 10.7 | 24.1% |
Japan | 7.1 | 7.1 | 5.0 | 3.0 | -25.0% |
Greece | N/A | N/A | N/A | 0.9 | 0% |
Taiwan (Chinese) | 0.9 | 0.8 | 0.8 | 0.7 | -8.0% |
Malaysia | 0.8 | 0.5 | 0.4 | 0.7 | -4.4% |
Others | 9.6 | 12.1 | 7.1 | 9.8 | 0.7% |
Total | 49.9 | 48.1 | 45.1 | 51.4 | 1.0% |
Top Suppliers of Soap in Bars Other than for Toilet Use to China in 2022:
- Indonesia (10.3K tons)
- Italy (4.2K tons)
- South Korea (3.0K tons)
- Taiwan (Chinese) (0.5K tons)
- Japan (0.5K tons)
- Greece (0.5K tons)
- Malaysia (0.4K tons)
This report provides an in-depth analysis of the market for soap in bars other than for toilet use in China. 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.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Exports of Soap In Bars reached a significant value of $74M in June 2023.
In February 2023, the price of soap in bars decreased by 4.7% to $1,930 per ton (FOB, China) compared to the previous month.
In September 2022, the soap in bars price amounted to $1,882 per ton (FOB, China), with a decrease of -11.7% against the previous month.
The growth pace was the most rapid in February 2023 when Soap imports increased by 50% month-on-month. In value terms, Soap imports dropped to $83M in December 2023.
In 2020, Chinese exports of soap in different forms increased twofold, reaching 779K tons in physical terms or $1.4B in value terms. The U.S. remains the largest importer of soap from China, accounting for 43% of the Chinese exports. Australia and Japan follow the U.S. with a combined 16%-share of total exports. Among the leading importers, the U.S. featured the most intensive growth of soap purchases from China. The average export price for soap from China stood at $1,772 per ton in 2020.
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