U.S. Soap And Detergent Market. Analysis And Forecast to 2030
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View PricingSoap and Detergent Price in the United States - 2023
Contents:
- Soap and Detergent Price in the United States (CIF) - 2023
- Soap and Detergent Price in the United States (FOB) - 2023
- Soap and Detergent Imports in the United States
- Soap and Detergent Exports in the United States
Soap and Detergent Price in the United States (CIF) - 2023
In July 2023, the average soap and detergent import price amounted to $2,924 per ton, standing approximately at the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 10% against the previous month. The import price peaked at $2,961 per ton in June 2023, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($5,047 per ton), while the price for Turkey ($1,410 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Soap and Detergent Price in the United States (FOB) - 2023
The average soap and detergent export price stood at $3,586 per ton in July 2023, flattening at the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 20% month-to-month. As a result, the export price reached the peak level of $4,745 per ton. From January 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was China ($7,744 per ton), while the average price for exports to Malaysia ($468 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Soap and Detergent Imports in the United States
In 2022, approx. 650K tons of soap and detergent were imported into the United States; growing by 7.7% against the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. As a result, imports reached the peak of 759K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, soap and detergent imports expanded sharply to $1.8B in 2022. The total import value increased at an average annual rate of +13.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 44%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Soap and Detergent in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 452 | 535 | 590 | 727 | 17.2% |
| China | 240 | 559 | 280 | 270 | 4.0% |
| Canada | 119 | 113 | 123 | 143 | 6.3% |
| Colombia | 2.8 | 3.6 | 17.3 | 68.4 | 190.2% |
| Germany | 56.2 | 60.7 | 59.2 | 63.4 | 4.1% |
| Turkey | 12.6 | 56.9 | 37.6 | 57.9 | 66.3% |
| South Korea | 20.6 | 34.8 | 43.1 | 57.1 | 40.5% |
| United Kingdom | 46.6 | 48.9 | 70.6 | 45.6 | -0.7% |
| Italy | 36.3 | 31.0 | 39.8 | 31.9 | -4.2% |
| Others | 227 | 304 | 299 | 327 | 12.9% |
| Total | 1,213 | 1,746 | 1,560 | 1,792 | 13.9% |
Top Suppliers of Soap and Detergent to the United States in 2022:
- Mexico (226.1K tons)
- China (124.4K tons)
- Canada (79.7K tons)
- Turkey (43.2K tons)
- South Korea (28.5K tons)
- Colombia (20.6K tons)
- United Kingdom (11.3K tons)
- Germany (10.9K tons)
- Italy (7.9K tons)
Soap and Detergent Exports in the United States
In 2022, the amount of soap and detergent exported from the United States expanded notably to 427K tons, surging by 6.5% compared with the previous year. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, soap and detergent exports reached $1.7B in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Soap and Detergent in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 524 | 562 | 523 | 575 | 3.1% |
| Mexico | 136 | 130 | 140 | 206 | 14.8% |
| China | 77.0 | 61.7 | 66.5 | 57.7 | -9.2% |
| South Korea | 79.4 | 64.7 | 59.8 | 54.7 | -11.7% |
| Japan | 54.4 | 43.8 | 39.0 | 47.0 | -4.8% |
| Australia | 40.0 | 50.0 | 40.9 | 40.1 | 0.1% |
| Taiwan (Chinese) | 47.6 | 42.6 | 35.4 | 33.0 | -11.5% |
| India | 8.3 | 7.4 | 16.9 | 22.5 | 39.4% |
| Dominican Republic | 13.8 | 10.6 | 13.6 | 19.8 | 12.8% |
| Malaysia | 10.9 | 21.6 | 23.2 | 16.8 | 15.5% |
| Others | 505 | 511 | 572 | 590 | 5.3% |
| Total | 1,497 | 1,505 | 1,530 | 1,662 | 3.5% |
Top Export Markets for Soap and Detergent from the United States in 2022:
- Canada (153.6K tons)
- Mexico (76.5K tons)
- India (18.9K tons)
- Japan (12.7K tons)
- China (11.4K tons)
- South Korea (11.3K tons)
- Malaysia (9.2K tons)
- Taiwan (Chinese) (7.4K tons)
- Australia (6.9K tons)
- Dominican Republic (6.6K tons)
This report provides an in-depth analysis of the soap and detergent market in the U.S.. 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:
- NAICS 325611 - Soap and other detergent manufacturing
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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
-
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
-
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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From 2021 to 2023, the Soap And Detergent import growth rate stayed relatively low, with the total value reaching $1.9B in 2023.
218
In terms of value, imports of Soap And Detergent increased significantly to $162M in July 2023.
305
In value terms, soap and detergent imports rose notably to $151M in March 2023.
630
In August 2022, the soap and detergent price per ton amounted to $3,550, with a decrease of -2.6% against the previous month.
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In 2020, U.S. purchases abroad of soap and detergent increased by 49% y/y to 841K tons. In value terms, supplies soared from $1.2B to $1.7B.
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