Soap and Other Detergent Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Soap And Other Detergents Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the soap and other detergent market in the U.S. amounted to $X in 2018, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, soap and other detergent consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. Over the period under review, the soap and other detergent market attained its maximum level in 2018, and is expected to retain its growth in the immediate term.

Production of Soap And Other Detergents in the USA

In value terms, soap and other detergent production amounted to $X in 2018. In general, soap and other detergent production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. Soap and other detergent production peaked at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Exports of Soap And Other Detergents

Exports from the USA

In 2018, approx. X tonnes of soap and other detergents were exported from the U.S.; surging by X% against the previous year. Overall, soap and other detergent exports continue to indicate a temperate setback.

In value terms, soap and other detergent exports amounted to $X (IndexBox estimates) in 2018.

Exports by Country

China (X tonnes) was the main destination for soap and other detergent exports from the U.S., with a X% share of total exports. Moreover, soap and other detergent exports to China exceeded the volume sent to the second major destination, South Korea (X tonnes), threefold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

From 2013 to 2018, the average annual growth rate of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (-X% per year).

In value terms, China ($X), South Korea ($X) and Japan ($X) appeared to be the largest markets for soap and other detergent exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by the Netherlands, Taiwan, Chinese, Australia, Saudi Arabia, Chile, the Philippines, Belgium, Germany and Malaysia, which together accounted for a further X%.

Export Prices by Country

In 2018, the average soap and other detergent export price amounted to $X per kg, lowering by -X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was the Netherlands ($X per kg), while the average price for exports to China ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the Netherlands (+X% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Imports of Soap And Other Detergents

Imports into the USA

In 2018, soap and other detergent imports into the U.S. stood at X tonnes, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review.

In value terms, soap and other detergent imports totaled $X (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. In that year, soap and other detergent imports attained their peak , and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X tonnes) constituted the largest soap and other detergent supplier to the U.S., with a X% share of total imports. Moreover, soap and other detergent imports from China exceeded the figures recorded by the second largest supplier, the UK (X tonnes), fivefold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2013 to 2018, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Italy (+X% per year).

In value terms, China ($X) constituted the largest supplier of soap and other detergent to the U.S., comprising X% of total soap and other detergent imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

Import Prices by Country

In 2018, the average soap and other detergent import price amounted to $X per kg, going up by X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%.

Import prices varied noticeably by the country of origin; the country with the highest import price was Germany ($X per kg), while the price for Guatemala ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Mexico (+X% per year), while the import prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Ecolab Inc., Colgate-Palmolive Company, Church & Dwight Co., Zep Inc., Henkel Consumer Goods Inc., The Sun Products Corporation, State Industrial Products Corporation, Akzo Nobel Spg, Oralabs, Betco Corporation, The Original Bradford Soap Works, D en-Mat Holdings, Rose Raining, Kutol Products Company, Sheffield Pharmaceuticals, James Austin Company, Piedmont Chemical Industries, Acuity Specialty Products, Kik Custom Products, Vvf Illinois Services, All One God Faith, Akzo Nobel Chemicals, Den-Mat Corporation, The Dial Corporation, Bradford Soap International, Warner Chilcott Company, Jacobs Industries Incorporated, The Procter & Gamble Manufacturing Company, St. Bernard Soap Company

Source: IndexBox Platform