China - Soap In Different Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Soap in Different Forms in China - 2023
Contents:
- Price for Soap in Different Forms in China (CIF) - 2023
- Price for Soap in Different Forms in China (FOB) - 2023
- Imports of Soap in Different Forms in China
- Exports of Soap in Different Forms in China
Price for Soap in Different Forms in China (CIF) - 2023
In June 2023, the average soap in different forms import price amounted to $926 per ton, falling by -7.7% against the previous month. Over the period under review, the import price showed a pronounced slump. The pace of growth was the most pronounced in May 2023 when the average import price increased by 8.2% m-o-m. Over the period under review, average import prices attained the peak figure at $1,377 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Malaysia ($1,064 per ton), while the price for Indonesia ($878 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Soap in Different Forms in China (FOB) - 2023
The average soap in different forms export price stood at $1,450 per ton in June 2023, waning by -17% against the previous month. Over the period under review, the export price saw a drastic downturn. The pace of growth appeared the most rapid in August 2022 an increase of 46% m-o-m. The export price peaked at $4,221 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($13,794 per ton), while the average price for exports to South Korea ($1,154 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soap in Different Forms in China
In 2022, soap in different forms imports into China surged to 58K tons, with an increase of 32% on the year before. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, soap in different forms imports soared to $66M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Soap in Different Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 17.9 | 13.9 | 30.2 | 43.0 | 33.9% |
| Malaysia | 12.4 | 12.1 | 6.9 | 10.9 | -4.2% |
| Italy | 1.7 | 2.8 | 5.1 | 10.1 | 81.1% |
| Others | 3.4 | 2.9 | 1.7 | 2.2 | -13.5% |
| Total | 35.4 | 31.7 | 43.9 | 66.3 | 23.3% |
Top Suppliers of Soap in Different Forms to China in 2022:
- Indonesia (39.3K tons)
- Italy (10.1K tons)
- Malaysia (8.3K tons)
Exports of Soap in Different Forms in China
Soap in different forms exports from China declined to 13K tons in 2022, falling by -11.3% against 2021. In general, exports faced a deep slump. The smallest decline of -6.9% was in 2020.
In value terms, soap in different forms exports shrank to $25M in 2022. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 1.4% against the previous year. As a result, the exports reached the peak of $34M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Soap in Different Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.4 | 1.8 | 2.9 | 4.2 | 44.2% |
| Japan | 2.3 | 2.6 | 2.6 | 1.7 | -9.6% |
| Russia | 0.4 | 1.5 | 1.1 | 1.7 | 62.0% |
| South Korea | 7.1 | 3.1 | 1.0 | 1.5 | -40.4% |
| Vietnam | 0.3 | 0.2 | 0.2 | 1.3 | 63.0% |
| Tajikistan | 3.0 | 2.1 | 0.2 | 1.0 | -30.7% |
| Malaysia | 0.1 | 0.3 | 0.1 | 0.6 | 81.7% |
| Philippines | 0.3 | 1.6 | 0.3 | 0.5 | 18.6% |
| Angola | N/A | N/A | N/A | 0.3 | 0% |
| Mongolia | 1.1 | N/A | N/A | N/A | 0% |
| Democratic People's Republic of Korea | 4.8 | N/A | N/A | N/A | 0% |
| Cuba | 4.9 | 10.7 | 10.1 | N/A | 43.6% |
| Others | 7.9 | 10.3 | 8.3 | 12.4 | 16.2% |
| Total | 33.8 | 34.2 | 26.7 | 25.3 | -9.2% |
Top Export Markets for Soap in Different Forms from China in 2022:
- United States (0.8K tons)
- Tajikistan (0.7K tons)
- Russia (0.7K tons)
- Vietnam (0.3K tons)
- Angola (0.2K tons)
- Philippines (0.2K tons)
- Malaysia (0.2K tons)
- Japan (0.2K tons)
- South Korea (0.2K tons)
This report provides an in-depth analysis of the market for soap in different forms in China. 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 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
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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The growth pace was the most rapid in February 2023 when Soap imports increased by 50% month-on-month. In value terms, Soap imports dropped to $83M in December 2023.
625
In 2020, Chinese exports of soap in different forms increased twofold, reaching 779K tons in physical terms or $1.4B in value terms. The U.S. remains the largest importer of soap from China, accounting for 43% of the Chinese exports. Australia and Japan follow the U.S. with a combined 16%-share of total exports. Among the leading importers, the U.S. featured the most intensive growth of soap purchases from China. The average export price for soap from China stood at $1,772 per ton in 2020.
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