Hong Kong SAR, China - Soap And Organic Surface-Active Products In Bars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoap in Bars Price in Hong Kong SAR - 2023
Contents:
- Soap in Bars Price in Hong Kong SAR (CIF) - 2022
- Soap in Bars Price in Hong Kong SAR (FOB) - 2022
- Soap in Bars Imports in Hong Kong SAR
- Soap in Bars Exports in Hong Kong SAR
Soap in Bars Price in Hong Kong SAR (CIF) - 2022
The average soap in bars import price stood at $3,404 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20%. Over the period under review, average import prices attained the maximum at $3,554 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 France ($12,954 per ton), while the price for Malaysia ($2,110 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Soap in Bars Price in Hong Kong SAR (FOB) - 2022
In 2022, the average soap in bars export price amounted to $4,978 per ton, jumping by 28% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($7,043 per ton), while the average price for exports to the Philippines ($2,265 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 Australia (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Soap in Bars Imports in Hong Kong SAR
In 2022, the amount of soap and organic surface-active products in bars imported into Hong Kong SAR reduced markedly to 3.3K tons, which is down by -22.4% on 2021 figures. Overall, imports recorded a precipitous contraction. The smallest decline of -19.8% was in 2020.
In value terms, soap in bars imports contracted dramatically to $11M in 2022. In general, imports faced a precipitous curtailment. The smallest decline of -8.1% was in 2021.
| Import of Soap in Bars in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 5.4 | 5.3 | 3.7 | -15.4% |
| Japan | 2.1 | 1.2 | 1.6 | 1.5 | -10.6% |
| France | 2.3 | 0.8 | 1.0 | 1.1 | -21.8% |
| Indonesia | 0.7 | 0.4 | 1.0 | 1.0 | 12.6% |
| Taiwan (Chinese) | 0.7 | 0.4 | 0.6 | 0.6 | -5.0% |
| Singapore | 1.8 | 1.2 | 0.9 | 0.5 | -34.8% |
| United States | 0.7 | 0.8 | 0.6 | 0.5 | -10.6% |
| Thailand | 0.8 | 0.5 | 0.6 | 0.5 | -14.5% |
| Philippines | 0.9 | 0.3 | 0.3 | 0.3 | -30.7% |
| Malaysia | 0.9 | 0.3 | 0.2 | 0.3 | -30.7% |
| Australia | 1.0 | 0.4 | 0.1 | 0.2 | -41.5% |
| Netherlands | 1.8 | 0.8 | 0.4 | 0.1 | -61.8% |
| South Korea | 1.7 | 0.6 | 0.3 | 0.1 | -61.1% |
| Others | 2.5 | 2.6 | 1.5 | 1.1 | -23.9% |
| Total | 24.0 | 15.8 | 14.6 | 11.4 | -22.0% |
Top Suppliers of Soap in Bars to Hong Kong SAR in 2022:
- China (1690.5 tons)
- Indonesia (472.1 tons)
- Thailand (201.0 tons)
- Taiwan (Chinese) (168.6 tons)
- Singapore (145.9 tons)
- Malaysia (130.5 tons)
- Japan (124.6 tons)
- France (84.1 tons)
- United States (82.6 tons)
- Philippines (63.7 tons)
- Netherlands (24.3 tons)
- Australia (20.3 tons)
- South Korea (6.6 tons)
Soap in Bars Exports in Hong Kong SAR
In 2022, the amount of soap and organic surface-active products in bars exported from Hong Kong SAR dropped markedly to 576 tons, which is down by -72.3% against 2021 figures. In general, exports faced a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 12%.
In value terms, soap in bars exports contracted dramatically to $2.9M in 2022. Overall, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year.
| Export of Soap in Bars in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6,633 | 2,887 | 3,693 | 1,142 | -44.4% |
| Macao SAR | 1,701 | 854 | 1,406 | 836 | -21.1% |
| United States | 740 | 655 | 1,796 | 363 | -21.1% |
| Philippines | 322 | 71.1 | 40.7 | 82.5 | -36.5% |
| Tanzania | 58.2 | 45.2 | 56.8 | 77.5 | 10.0% |
| Japan | 679 | 528 | 459 | 50.9 | -57.8% |
| Taiwan (Chinese) | 102 | 61.7 | 69.2 | 37.4 | -28.4% |
| Others | 1,681 | 1,260 | 550 | 280 | -45.0% |
| Total | 11,916 | 6,362 | 8,071 | 2,870 | -37.8% |
Top Export Markets for Soap in Bars from Hong Kong SAR in 2022:
- China (243.7 tons)
- Macao SAR (118.6 tons)
- United States (74.5 tons)
- Philippines (36.4 tons)
- Japan (19.9 tons)
- Tanzania (16.9 tons)
- Taiwan (Chinese) (13.5 tons)
This report provides an in-depth analysis of the soap in bars market in Hong Kong SAR, 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 20421915 - Soap and organic surface-active products in bars, etc., for toilet use
- Prodcom 20413120 - Soap and organic surface-active products in bars, etc., n.e.c.
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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
-
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
-
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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