Malaysia - Soap - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoap Price in Malaysia - 2021
Contents:
- Soap Price in Malaysia (FOB) - 2021
- Soap Price in Malaysia (CIF) - 2021
- Soap Exports in Malaysia
- Soap Imports in Malaysia
Soap Price in Malaysia (FOB) - 2021
The average soap export price stood at $1,342 per ton in December 2021, with an increase of 4.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth was the most pronounced in September 2021 an increase of 5.2% against the previous month. The export price peaked in December 2021.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($2,328 per ton), while the average price for exports to India ($1,018 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Soap Price in Malaysia (CIF) - 2021
The average soap import price stood at $1,918 per ton in December 2021, which is down by -5.2% against the previous month. Over the period under review, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in November 2021 an increase of 15% against the previous month. The import price peaked at $2,668 per ton in December 2020; however, from January 2021 to December 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the United States ($7,754 per ton), while the price for the Philippines ($693 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced a decline.
Soap Exports in Malaysia
After two years of decline, overseas shipments of soap increased by 15% to 543K tons in 2022. Overall, exports, however, showed a deep slump.
In value terms, soap exports totaled $570M in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 0.6% against the previous year. As a result, the exports attained the peak of $574M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Soap in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 3.4 | 3.4 | 4.7 | 328 | 358.6% |
Turkey | 75.1 | 57.1 | 52.6 | 39.6 | -19.2% |
Iraq | 15.3 | 23.0 | 29.2 | 23.7 | 15.7% |
Japan | 25.1 | 24.1 | 24.1 | 23.0 | -2.9% |
Russia | 19.5 | 22.5 | 20.1 | 16.3 | -5.8% |
Indonesia | 18.5 | 19.2 | 17.4 | 16.1 | -4.5% |
Philippines | 22.3 | 26.0 | 32.9 | 14.3 | -13.8% |
Nigeria | 26.7 | 21.8 | 23.4 | 5.7 | -40.2% |
Ghana | 14.1 | 18.6 | 8.4 | 1.6 | -51.6% |
United Arab Emirates | 42.6 | 41.3 | 47.1 | 1.4 | -68.0% |
India | 24.3 | 26.9 | 27.9 | 0.6 | -70.9% |
Egypt | 18.8 | 16.0 | 17.0 | 0.3 | -74.8% |
Djibouti | 22.8 | 12.4 | 5.9 | 0.3 | -76.4% |
Others | 241 | 261 | 256 | 99.3 | -25.6% |
Total | 570 | 574 | 567 | 570 | 0.0% |
Top Export Markets for Soap from Malaysia in 2022:
- Myanmar (386.1K tons)
- Turkey (24.9K tons)
- Iraq (18.2K tons)
- Russia (16.7K tons)
- Japan (9.9K tons)
- Indonesia (9.2K tons)
- Nigeria (5.1K tons)
- Philippines (4.7K tons)
- Ghana (1.7K tons)
- United Arab Emirates (1.0K tons)
- India (0.4K tons)
- Egypt (0.2K tons)
- Djibouti (0.2K tons)
Soap Imports in Malaysia
Soap imports into Malaysia surged to 113K tons in 2022, jumping by 63% on 2021. Over the period under review, imports posted 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 shrank slightly to $146M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 2.3%.
Import of Soap in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 39.8 | 37.4 | 41.5 | 30.7 | -8.3% |
Myanmar | N/A | N/A | N/A | 22.6 | 0% |
Singapore | 10.2 | 20.7 | 7.2 | 17.4 | 19.5% |
Thailand | 15.9 | 17.0 | 16.9 | 14.1 | -3.9% |
China | 11.8 | 14.3 | 15.9 | 12.6 | 2.2% |
United States | 12.7 | 11.6 | 16.1 | 11.5 | -3.3% |
Vietnam | 3.5 | 3.3 | 8.2 | 7.6 | 29.5% |
Others | 48.5 | 41.4 | 41.3 | 29.8 | -15.0% |
Total | 142 | 146 | 147 | 146 | 0.9% |
Top Suppliers of Soap to Malaysia in 2022:
- Myanmar (64.9K tons)
- Indonesia (24.8K tons)
- China (5.6K tons)
- Thailand (5.4K tons)
- Singapore (3.9K tons)
- Vietnam (2.1K tons)
- United States (1.6K tons)
This report provides an in-depth analysis of the soap market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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
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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
This report provides an in-depth analysis of the soap market in Malaysia.
This report provides an in-depth analysis of the market for soap in bars other than for toilet use in Malaysia.
This report provides an in-depth analysis of the market for soap in bars for toilet use in Malaysia.
This report provides an in-depth analysis of the market for skin organic surface-active products in Malaysia.
This report provides an in-depth analysis of the soap in bars market in Malaysia.
This report provides an in-depth analysis of the soap market in Malaysia.
This report provides an in-depth analysis of the market for soap in different forms in Malaysia.
This report provides an in-depth analysis of the soap and detergent market in Malaysia.
This report provides an in-depth analysis of the global soap market.
This report provides an in-depth analysis of the global market for soap in bars other than for toilet use.
Discover the top import markets for soap and their key statistics. Get insights into the soap import values of leading countries like China, the United States, and Germany. Explore the global soap market with IndexBox data.
In 2016, the amount of soap imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the peri...
In 2016, the amount of soap imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the peri...
Explore the top import markets for skin organic surface-active products based on the latest data. China, United States, Canada, Germany, United Kingdom, Netherlands, France, Japan, Singapore, and Poland are among the leading countries in import value.
Explore the top import markets for soap and detergent around the world based on the latest import data. Discover the leading countries importing soap and detergent products.
The pandemic shifted the demand for soap and detergents. Amid the increased market competition and increased environmental concerns, soap manufacturers expand eco-friendly product lines. These shifts are to persist in the medium-to-long term even when the pandemic starts to wane.
Discover the top import markets for soap and their key statistics. Get insights into the soap import values of leading countries like China, the United States, and Germany. Explore the global soap market with IndexBox data.
In 2016, the amount of soap imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the peri...
In 2016, the amount of soap imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the peri...
Explore the top import markets for skin organic surface-active products based on the latest data. China, United States, Canada, Germany, United Kingdom, Netherlands, France, Japan, Singapore, and Poland are among the leading countries in import value.