India - Soap In Different Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Soap In Different Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Soap in Different Forms in India - 2023

Contents:

  1. Price for Soap in Different Forms in India (CIF) - 2023
  2. Price for Soap in Different Forms in India (FOB) - 2022
  3. Imports of Soap in Different Forms in India
  4. Exports of Soap in Different Forms in India

Price for Soap in Different Forms in India (CIF) - 2023

In July 2023, the average soap in different forms import price amounted to $923 per ton, declining by -2.4% against the previous month. Overall, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 8.2% m-o-m. The import price peaked at $1,438 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Indonesia ($929 per ton), while the price for the United Arab Emirates ($901 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-2.0%), while the prices for the other major suppliers experienced a decline.

Price for Soap in Different Forms in India (FOB) - 2022

The average soap in different forms export price stood at $1,296 per ton in 2022, picking up by 8.1% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 21%. The export price peaked at $2,611 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 the UK ($5,834 per ton), while the average price for exports to Bangladesh ($934 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 the UK (+5.0%), while the prices for the other major destinations experienced a decline.

Imports of Soap in Different Forms in India

In 2022, after three years of growth, there was decline in overseas purchases of soap in different forms, when their volume decreased by -4.1% to 84K tons. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year.

In value terms, soap in different forms imports surged to $105M in 2022. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 90%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Soap in Different Forms in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia12.033.760.173.082.5%
Malaysia19.528.724.927.311.9%
United Arab Emirates0.10.20.11.9166.8%
Others1.80.92.02.714.5%
Total33.463.587.110546.5%

Top Suppliers of Soap in Different Forms to India in 2022:

  1. Indonesia (58.5K tons)
  2. Malaysia (22.0K tons)
  3. United Arab Emirates (1.8K tons)

Exports of Soap in Different Forms in India

In 2022, shipments abroad of soap in different forms decreased by -27.2% to 9.5K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 15K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, soap in different forms exports dropped significantly to $12M in 2022. Overall, exports continue to indicate a mild decline. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports attained the peak of $18M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Soap in Different Forms in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal5.88.68.06.11.7%
United Arab Emirates0.81.15.54.071.0%
Bangladesh0.50.50.60.50.0%
Sri LankaN/A0.20.50.558.1%
Oman0.10.20.10.344.2%
JordanN/AN/A0.40.2-50.0%
Ethiopia1.6N/AN/AN/A0%
Iran2.73.3N/AN/A22.2%
Others1.23.90.50.7-16.4%
Total12.717.715.612.3-1.1%

Top Export Markets for Soap in Different Forms from India in 2022:

  1. Nepal (4.8K tons)
  2. United Arab Emirates (3.1K tons)
  3. Bangladesh (0.5K tons)
  4. Sri Lanka (0.3K tons)
  5. Oman (0.2K tons)
  6. Jordan (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for soap in different forms in India. 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:

  • India

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Soap; in forms n.e.s. in item no. 3401.11 - India