Ethiopia - Soap - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoap Price in Ethiopia - 2022
Contents:
- Soap Price in Ethiopia (CIF) - 2022
- Soap Price in Ethiopia (FOB) - 2022
- Soap Imports in Ethiopia
- Soap Exports in Ethiopia
Soap Price in Ethiopia (CIF) - 2022
The average soap import price stood at $1,456 per ton in 2022, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2020 an increase of 13% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($1,861 per ton), while the price for China ($704 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Soap Price in Ethiopia (FOB) - 2022
The average soap export price stood at $1,542 per ton in 2022, rising by 39% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soap export price increased by +76.5% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 45%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($2,410 per ton), while the average price for exports to Somalia stood at $1,074 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Soap Imports in Ethiopia
In 2022, purchases abroad of soap increased by 921% to 49K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, soap imports soared to $72M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Soap in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 5.3 | 2.7 | 2.6 | 47.9 | 108.3% |
| Malaysia | 0.8 | 0.9 | 0.2 | 10.3 | 134.4% |
| Egypt | 1.2 | 0.5 | 0.8 | 7.4 | 83.4% |
| China | 0.7 | 0.8 | 0.2 | 2.2 | 46.5% |
| Kenya | 0.3 | 0.1 | 0.1 | 1.6 | 74.7% |
| United Arab Emirates | 0.6 | 1.1 | 0.4 | 0.8 | 10.1% |
| Others | 1.9 | 2.0 | 1.9 | 1.4 | -9.7% |
| Total | 10.8 | 8.2 | 6.3 | 71.6 | 87.9% |
Top Suppliers of Soap to Ethiopia in 2022:
- Indonesia (31.6K tons)
- Malaysia (7.6K tons)
- Egypt (4.9K tons)
- China (3.1K tons)
- Kenya (0.8K tons)
- United Arab Emirates (0.3K tons)
Soap Exports in Ethiopia
For the third consecutive year, Ethiopia recorded decline in shipments abroad of soap, which decreased by -49.6% to 58 tons in 2022. In general, exports saw a sharp setback. The smallest decline of -15.8% was in 2021.
In value terms, soap exports shrank markedly to $89K in 2022. Over the period under review, exports saw a abrupt slump. The smallest decline of -9.4% was in 2021.
| Export of Soap in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | N/A | N/A | N/A | 46.5 | 0% |
| Somalia | 78.4 | 67.4 | 46.1 | 40.9 | -19.5% |
| Cote d'Ivoire | 4.2 | 4.7 | 2.1 | N/A | -29.3% |
| Nigeria | 8.2 | N/A | 0.4 | N/A | -77.9% |
| Djibouti | 52.0 | 43.4 | 44.4 | N/A | -7.6% |
| Others | 12.9 | 24.6 | 33.8 | 1.7 | -49.1% |
| Total | 156 | 140 | 127 | 89.1 | -17.0% |
Top Export Markets for Soap from Ethiopia in 2022:
- Somalia (38.1 tons)
- South Sudan (19.3 tons)
This report provides an in-depth analysis of the soap market in Ethiopia. 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:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- 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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