Report Update: May 1, 2024

Ghana - Soap And Organic Surface-Active Products In Bars (Other Than For Toilet Use) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Soap in Bars Other than for Toilet Use in Ghana - 2022

Price for Soap in Bars Other than for Toilet Use in Ghana (CIF) - 2022

The average import price for soap and organic surface-active products in bars other than for toilet use stood at $833 per ton in 2022, waning by -15.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55%. As a result, import price attained the peak level of $989 per ton, and then reduced rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,470 per ton), while the price for Cote d'Ivoire ($744 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soap in Bars Other than for Toilet Use in Ghana (FOB) - 2022

The average export price for soap and organic surface-active products in bars other than for toilet use stood at $758 per ton in 2022, flattening at the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for soap and organic surface-active products in bars other than for toilet use increased by +115.9% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of 34% against the previous year. Over the period under review, the average export prices reached the maximum at $764 per ton in 2021, and then dropped modestly in the following year.

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 Senegal ($1,333 per ton), while the average price for exports to Togo ($272 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 Senegal (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soap in Bars Other than for Toilet Use in Ghana

In 2022, approx. 18K tons of soap and organic surface-active products in bars other than for toilet use were imported into Ghana; which is down by -9.9% on the previous year's figure. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports attained the peak of 20K tons, and then declined in the following year.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use fell remarkably to $15M in 2022. In general, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 93%. As a result, imports attained the peak of $20M, and then contracted markedly in the following year.

Import of Soap in Bars Other than for Toilet Use in Ghana (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cote d'Ivoire	7.5	8.0	14.0	12.5	18.6%
China	1.4	1.1	4.9	2.0	12.6%
Indonesia	0.6	0.1	0.1	0.2	-30.7%
Turkey	0.4	0.3	0.4	0.1	-37.0%
Others	0.7	0.8	0.6	0.3	-24.6%
Total	10.5	10.3	20.0	15.1	12.9%

Top Suppliers of Soap in Bars Other than for Toilet Use to Ghana in 2022:

Cote d'Ivoire (16.8K tons)
China (0.8K tons)
Indonesia (0.2K tons)
Turkey (0.1K tons)

Exports of Soap in Bars Other than for Toilet Use in Ghana

In 2022, the amount of soap and organic surface-active products in bars other than for toilet use exported from Ghana fell significantly to 4.4K tons, reducing by -17% against the year before. In general, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use declined significantly to $3.3M in 2022. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 54%.

Export of Soap in Bars Other than for Toilet Use in Ghana (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Senegal	2,534	541	628	1,028	-26.0%
Cote d'Ivoire	479	671	1,047	636	9.9%
Burkina Faso	343	135	257	606	20.9%
Niger	246	447	803	488	25.6%
Togo	348	225	502	262	-9.0%
United States	463	435	738	154	-30.7%
Benin	379	39.4	0.1	10.7	-69.6%
Others	263	138	88.9	162	-14.9%
Total	5,054	2,632	4,063	3,347	-12.8%

Top Export Markets for Soap in Bars Other than for Toilet Use from Ghana in 2022:

Burkina Faso (1342.5 tons)
Togo (965.7 tons)
Cote d'Ivoire (802.8 tons)
Senegal (771.0 tons)
Niger (395.8 tons)
United States (31.5 tons)
Benin (9.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for soap in bars other than for toilet use in Ghana. 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.

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023