Thailand - Soap In Different Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Soap in Different Forms in Thailand - 2023
Contents:
- Price for Soap in Different Forms in Thailand (FOB) - 2023
- Price for Soap in Different Forms in Thailand (CIF) - 2023
- Exports of Soap in Different Forms in Thailand
- Imports of Soap in Different Forms in Thailand
Price for Soap in Different Forms in Thailand (FOB) - 2023
In July 2023, the average soap in different forms export price amounted to $1,711 per ton, rising by 3.9% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 12% month-to-month. As a result, the export price attained the peak level of $1,966 per ton. From September 2022 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($6,285 per ton), while the average price for exports to Indonesia ($966 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soap in Different Forms in Thailand (CIF) - 2023
The average soap in different forms import price stood at $1,009 per ton in July 2023, falling by -1.7% against the previous month. In general, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in April 2023 an increase of 8.4% against the previous month. Over the period under review, average import prices hit record highs at $1,580 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Indonesia ($977 per ton), while the price for Malaysia stood at $810 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (-2.8%).
Exports of Soap in Different Forms in Thailand
In 2022, the amount of soap in different forms exported from Thailand reached 44K tons, growing by 3.9% against the year before. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, the exports attained the peak of 54K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, soap in different forms exports expanded significantly to $78M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. As a result, the exports attained the peak of $97M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Soap in Different Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 28.2 | 39.6 | 26.4 | 28.4 | 0.2% |
| United Kingdom | 3.4 | 5.2 | 4.2 | 5.7 | 18.8% |
| New Zealand | 4.6 | 5.7 | 4.6 | 5.7 | 7.4% |
| Indonesia | 4.7 | 4.1 | 3.0 | 5.5 | 5.4% |
| Malaysia | 6.2 | 4.9 | 4.5 | 4.9 | -7.5% |
| Japan | 2.8 | 3.6 | 3.6 | 3.5 | 7.7% |
| Philippines | 5.6 | 4.3 | 3.3 | 3.4 | -15.3% |
| Myanmar | 0.1 | 5.5 | 3.3 | 3.1 | 214.1% |
| Singapore | 2.3 | 2.4 | 3.4 | 2.4 | 1.4% |
| Hong Kong SAR | 0.7 | 0.5 | 0.9 | 2.3 | 48.7% |
| Lao People's Democratic Republic | 1.8 | 1.7 | 1.1 | 1.1 | -15.1% |
| India | 2.1 | 2.6 | 0.5 | 0.4 | -42.5% |
| Others | 17.7 | 16.5 | 12.2 | 12.0 | -12.2% |
| Total | 80.3 | 96.6 | 71.1 | 78.3 | -0.8% |
Top Export Markets for Soap in Different Forms from Thailand in 2022:
- Australia (20.9K tons)
- New Zealand (4.1K tons)
- Indonesia (3.6K tons)
- Philippines (2.5K tons)
- Malaysia (2.5K tons)
- Japan (1.8K tons)
- United Kingdom (1.5K tons)
- Hong Kong SAR (1.2K tons)
- Singapore (1.1K tons)
- Lao People's Democratic Republic (0.8K tons)
- Myanmar (0.8K tons)
- India (0.2K tons)
Imports of Soap in Different Forms in Thailand
In 2022, supplies from abroad of soap in different forms decreased by -13.3% to 24K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 45%.
In value terms, soap in different forms imports rose significantly to $32M in 2022. The total import value increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Soap in Different Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 16.6 | 14.9 | 15.5 | 17.2 | 1.2% |
| Malaysia | 3.0 | 3.2 | 8.2 | 11.9 | 58.3% |
| Others | 3.8 | 3.8 | 4.0 | 2.6 | -11.9% |
| Total | 23.3 | 21.8 | 27.7 | 31.7 | 10.8% |
Top Suppliers of Soap in Different Forms to Thailand in 2022:
- Indonesia (14.7K tons)
- Malaysia (8.6K tons)
This report provides an in-depth analysis of the market for soap in different forms in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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