Latin America and the Caribbean: Market for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use 2024

Market Size for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Latin America and the Caribbean

The Latin American market for soap and organic surface-active products in bars other than for toilet use rose significantly to $X in 2022, increasing by X% against the previous year. The total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Latin America and the Caribbean

In value terms, production of soap and organic surface-active products in bars other than for toilet use amounted to $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use

Exports in Latin America and the Caribbean

In 2022, overseas shipments of soap and organic surface-active products in bars other than for toilet use decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked at X tons in 2021, and then shrank in the following year.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use soared to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Honduras represented the main exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Guatemala (X tons), Mexico (X tons) and Colombia (X tons), together mixing up a X% share of total exports. The following exporters - the Dominican Republic (X tons), Peru (X tons) and Brazil (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to soap in bars other than for toilet use exports from Honduras stood at X%. At the same time, Colombia (X%), Mexico (X%), the Dominican Republic (X%), Guatemala (X%) and Peru (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) illustrated a downward trend over the same period. While the share of Mexico (X p.p.), Colombia (X p.p.), Guatemala (X p.p.), Honduras (X p.p.) and the Dominican Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest soap in bars other than for toilet use supplying countries in Latin America and the Caribbean were Honduras ($X), Mexico ($X) and Guatemala ($X), together accounting for X% of total exports.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use

Imports in Latin America and the Caribbean

In 2022, imports of soap and organic surface-active products in bars other than for toilet use in Latin America and the Caribbean rose slightly to X tons, growing by X% on the previous year. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use soared to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, El Salvador (X tons), Chile (X tons), Guatemala (X tons) and Peru (X tons) represented the major importer of soap and organic surface-active products in bars other than for toilet use in Latin America and the Caribbean, making up X% of total import. It was distantly followed by Nicaragua (X tons), Bolivia (X tons) and Venezuela (X tons), together committing a X% share of total imports. The following importers - Colombia (X tons), Haiti (X tons), Ecuador (X tons), Cuba (X tons) and Costa Rica (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in bars other than for toilet use importing markets in Latin America and the Caribbean were Chile ($X), Guatemala ($X) and El Salvador ($X), together comprising X% of total imports. Peru, Nicaragua, Bolivia, Colombia, Venezuela, Ecuador, Costa Rica, Cuba and Haiti lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Peru, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Costa Rica ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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