Hong Kong SAR, China - Soap In Different Forms - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Soap in Different Forms in Hong Kong SAR - 2023
Contents:
- Price for Soap in Different Forms in Hong Kong SAR (CIF) - 2023
- Price for Soap in Different Forms in Hong Kong SAR (FOB) - 2022
- Imports of Soap in Different Forms in Hong Kong SAR
- Exports of Soap in Different Forms in Hong Kong SAR
Price for Soap in Different Forms in Hong Kong SAR (CIF) - 2023
In June 2023, the average soap in different forms import price amounted to $2,504 per ton, increasing by 6.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 38% against the previous month. Over the period under review, average import prices reached the maximum at $2,680 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($5,123 per ton), while the price for Taiwan (Chinese) ($1,197 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 Singapore (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soap in Different Forms in Hong Kong SAR (FOB) - 2022
The average soap in different forms export price stood at $4,094 per ton in 2022, falling by -4% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soap in different forms export price increased by +8.6% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 62%. The export price peaked at $5,734 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($5,460 per ton), while the average price for exports to China ($2,879 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 Taiwan (Chinese) (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soap in Different Forms in Hong Kong SAR
In 2022, soap in different forms imports into Hong Kong SAR surged to 8.5K tons, picking up by 18% compared with the previous year's figure. In general, imports recorded a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 112%. As a result, imports reached the peak of 13K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, soap in different forms imports skyrocketed to $19M in 2022. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 113% against the previous year. As a result, imports reached the peak of $31M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Soap in Different Forms in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.7 | 11.6 | 5.9 | 9.8 | 13.5% |
| Thailand | 0.7 | 2.1 | 1.1 | 2.3 | 48.7% |
| France | 0.6 | 0.9 | 1.1 | 1.8 | 44.2% |
| Japan | 1.7 | 1.8 | 1.6 | 1.5 | -4.1% |
| Malaysia | 1.0 | 1.7 | 1.5 | 1.2 | 6.3% |
| South Korea | 0.2 | 2.1 | 0.6 | 0.8 | 58.7% |
| India | N/A | 1.3 | 0.2 | 0.2 | -60.8% |
| Others | 3.5 | 9.0 | 2.4 | 1.6 | -23.0% |
| Total | 14.4 | 30.6 | 14.5 | 19.0 | 9.7% |
Top Suppliers of Soap in Different Forms to Hong Kong SAR in 2022:
- India (undefinedK tons)
- China (5.1K tons)
- Thailand (1.1K tons)
- France (0.7K tons)
- Malaysia (0.7K tons)
- Japan (0.3K tons)
- South Korea (0.3K tons)
Exports of Soap in Different Forms in Hong Kong SAR
In 2022, shipments abroad of soap in different forms was finally on the rise to reach 1.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt descent.
In value terms, soap in different forms exports stood at $6.1M in 2022. Overall, exports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, the exports reached the peak of $8.7M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Soap in Different Forms in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 3,268 | 3,716 | 3,046 | 2,706 | -6.1% |
| Taiwan (Chinese) | 35.2 | 137 | 25.9 | 2,047 | 287.4% |
| China | 2,033 | 1,873 | 1,382 | 929 | -23.0% |
| United States | 283 | 548 | 59.5 | 71.6 | -36.8% |
| Philippines | 211 | 101 | 41.5 | 62.3 | -33.4% |
| United Kingdom | 975 | 141 | 129 | 4.6 | -83.2% |
| Others | 227 | 2,172 | 1,292 | 243 | 2.3% |
| Total | 7,032 | 8,689 | 5,975 | 6,063 | -4.8% |
Top Export Markets for Soap in Different Forms from Hong Kong SAR in 2022:
- Taiwan (Chinese) (594.3 tons)
- Macao SAR (495.5 tons)
- China (322.6 tons)
- Philippines (15.3 tons)
- United States (13.5 tons)
- United Kingdom (1.2 tons)
This report provides an in-depth analysis of the market for soap in different forms in Hong Kong SAR, 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
184
This report provides an in-depth analysis of the market for soap in different forms in Hong Kong SAR, China.
568
This report provides an in-depth analysis of the soap market in Hong Kong SAR, China.
259
This report provides an in-depth analysis of the market for soap in bars other than for toilet use in Hong Kong SAR, China.
281
This report provides an in-depth analysis of the market for soap in bars for toilet use in Hong Kong SAR, China.
288
This report provides an in-depth analysis of the market for skin organic surface-active products in Hong Kong SAR, China.
364
This report provides an in-depth analysis of the soap in bars market in Hong Kong SAR, China.
491
This report provides an in-depth analysis of the soap and detergent market in Hong Kong SAR, China.
409
This report provides an in-depth analysis of the global market for soap in different forms.
456
Global Soap Market Report 2018. This report provides an in-depth analysis of the global soap market.
1701
This report provides an in-depth analysis of the global soap market.
250
In August 2023, the soap industry experienced its highest growth rate, with a significant month-on-month increase of 33%. However, in September 2023, the value of soap imports declined to $2.8M.
454
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.
6100
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...
1161
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...
256
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.
121
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.
1783
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.
250
In August 2023, the soap industry experienced its highest growth rate, with a significant month-on-month increase of 33%. However, in September 2023, the value of soap imports declined to $2.8M.
454
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.
6100
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...
