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

U.S. - Soap In Different Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Soap in Different Forms in the United States - 2023

Contents:

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

Price for Soap in Different Forms in the United States (CIF) - 2023

In August 2023, the average soap in different forms import price amounted to $2,787 per ton, growing by 8.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices hit record highs in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($3,641 per ton), while the price for Malaysia ($1,106 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soap in Different Forms in the United States (FOB) - 2022

The average soap in different forms export price stood at $3,821 per ton in 2022, surging by 2% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2020 an increase of 15% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($5,303 per ton), while the average price for exports to the United Arab Emirates ($1,685 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 South Korea (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soap in Different Forms in the United States

In 2022, purchases abroad of soap in different forms decreased by -18.1% to 45K tons, falling for the second year in a row after two years of growth. Overall, imports showed a mild shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 80%. As a result, imports attained the peak of 85K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, soap in different forms imports contracted to $116M in 2022. The total import value increased at an average annual rate of +4.9% 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 2020 with an increase of 49% against the previous year. As a result, imports attained the peak of $150M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Soap in Different Forms in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico18.640.226.833.621.8%
China17.316.214.213.0-9.1%
United Kingdom11.311.311.110.9-1.2%
Canada10.48.07.98.6-6.1%
Indonesia2.83.47.27.337.6%
Malaysia3.83.33.86.117.1%
France5.58.16.35.60.6%
Turkey5.417.06.74.0-9.5%
Germany1.84.75.13.828.3%
Spain1.52.62.02.111.9%
India2.48.89.01.3-18.5%
Others19.426.423.519.40.0%
Total1001501241165.1%

Top Suppliers of Soap in Different Forms to the United States in 2022:

  1. Mexico (14.7K tons)
  2. China (5.5K tons)
  3. Indonesia (3.8K tons)
  4. United Kingdom (3.8K tons)
  5. Turkey (3.5K tons)
  6. Malaysia (3.1K tons)
  7. Canada (1.9K tons)
  8. France (1.6K tons)
  9. Spain (1.3K tons)
  10. Germany (1.1K tons)
  11. India (0.6K tons)

Exports of Soap in Different Forms in the United States

In 2022, after two years of decline, there was significant growth in overseas shipments of soap in different forms, when their volume increased by 12% to 29K tons. Over the period under review, exports, however, continue to indicate a abrupt decrease.

In value terms, soap in different forms exports expanded remarkably to $111M in 2022. In general, exports, however, saw a noticeable contraction.

Export of Soap in Different Forms in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada29.429.127.735.66.6%
Mexico7.45.76.76.1-6.2%
China7.36.64.75.6-8.5%
Australia5.34.34.14.3-6.7%
Netherlands7.76.55.44.0-19.6%
South Korea14.68.03.64.0-35.1%
Philippines6.84.62.63.3-21.4%
United Kingdom3.83.72.63.3-4.6%
Singapore0.62.64.03.172.9%
Japan3.73.12.82.8-8.9%
Trinidad and Tobago0.50.61.31.956.0%
India0.70.61.51.631.7%
United Arab Emirates0.20.30.41.281.7%
Others33.632.129.434.00.4%
Total12210896.7111-3.1%

Top Export Markets for Soap in Different Forms from the United States in 2022:

  1. Canada (10.3K tons)
  2. Mexico (2.0K tons)
  3. China (1.7K tons)
  4. Trinidad and Tobago (1.1K tons)
  5. Australia (1.1K tons)
  6. Netherlands (0.8K tons)
  7. Philippines (0.8K tons)
  8. Japan (0.8K tons)
  9. South Korea (0.8K tons)
  10. United Arab Emirates (0.7K tons)
  11. India (0.7K tons)
  12. United Kingdom (0.7K tons)
  13. Singapore (0.6K tons)

Source: IndexBox Market Intelligence Platform

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

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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 - United States