Report Update: May 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Soap in Different Forms in Morocco - 2022

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

In 2022, the average soap in different forms export price amounted to $1,775 per ton, jumping by 28% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 +94.6% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 46%. As a result, the export price reached the peak level of $1,956 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,351 per ton), while the average price for exports to Mauritania ($891 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 Saudi Arabia (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Soap in Different Forms in Morocco (CIF) - 2022

In December 2022, the average soap in different forms import price amounted to $2,529 per ton, with a decrease of -12.6% against the previous month. Over the period under review, import price indicated temperate growth from December 2021 to December 2022: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, soap in different forms import price decreased by -12.6% against November 2022 indices. The pace of growth appeared the most rapid in May 2022 when the average import price increased by 66% m-o-m. The import price peaked at $2,895 per ton in November 2022, and then shrank in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($5,711 per ton), while the price for Spain ($1,030 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Soap in Different Forms in Morocco

For the third year in a row, Morocco recorded decline in shipments abroad of soap in different forms, which decreased by -58.9% to 3.7K tons in 2022. Overall, exports recorded a sharp descent. The smallest decline of -18.9% was in 2020.

In value terms, soap in different forms exports shrank dramatically to $6.6M in 2022. Over the period under review, exports faced a significant contraction. The growth pace was the most rapid in 2021 with an increase of 13%.

Export of Soap in Different Forms in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Guinea-Bissau	0.6	0.4	0.8	2.1	51.8%
Saudi Arabia	0.5	0.8	1.3	1.4	40.9%
Senegal	9.4	6.8	4.7	1.2	-49.6%
United Arab Emirates	0.2	0.3	0.8	0.6	44.2%
France	0.8	0.6	0.7	0.5	-14.5%
Algeria	0.2	0.1	0.2	0.1	-20.6%
Mauritania	0.4	0.3	0.1	N/A	-50.0%
Others	1.0	1.8	3.9	0.7	-11.2%
Total	12.9	11.1	12.5	6.6	-20.0%

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

Guinea-Bissau (1108.4 tons)
Senegal (1099.9 tons)
Saudi Arabia (554.3 tons)
United Arab Emirates (396.8 tons)
France (137.4 tons)
Algeria (105.6 tons)
Mauritania (29.7 tons)

Imports of Soap in Different Forms in Morocco

In 2022, supplies from abroad of soap in different forms decreased by -34.7% to 2.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 10%. As a result, imports reached the peak of 4.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, soap in different forms imports fell markedly to $6.4M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 21%.

Import of Soap in Different Forms in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	118	240	2,189	2,695	183.7%
Turkey	1,792	2,120	2,448	888	-20.9%
Spain	1,261	2,365	1,244	698	-17.9%
Malaysia	286	670	320	616	29.1%
Egypt	1,113	329	728	404	-28.7%
France	310	282	376	227	-9.9%
Indonesia	204	223	103	201	-0.5%
Others	502	551	504	645	8.7%
Total	5,585	6,779	7,912	6,372	4.5%

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

Turkey (725.4 tons)
Spain (621.5 tons)
Germany (614.7 tons)
Malaysia (339.9 tons)
Egypt (172.3 tons)
Indonesia (100.0 tons)
France (78.1 tons)

Source: IndexBox Market Intelligence Platform

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

Morocco

Data coverage:

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