Report Update: May 1, 2024

Kuwait - Soap And Organic Surface-Active Products In Bars - Market Analysis, Forecast, Size, Trends And Insights

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Soap in Bars Price in Kuwait - 2021

Soap in Bars Price in Kuwait (CIF) - 2022

In 2022, the average soap in bars import price amounted to $2,765 per ton, waning by -6.4% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soap in bars import price increased by +42.6% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 29%. As a result, import price reached the peak level of $2,956 per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,211 per ton), while the price for Turkey ($1,100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Soap in Bars Price in Kuwait (FOB) - 2022

The average soap in bars export price stood at $5,837 per ton in 2022, growing by 5.4% against the previous year. In general, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 61%. The export price peaked in 2022 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +23.9% per year.

Soap in Bars Imports in Kuwait

In 2022, purchases abroad of soap and organic surface-active products in bars increased by 27% to 11K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt downturn.

In value terms, soap in bars imports surged to $31M in 2022. Overall, imports, however, recorded a deep slump.

Import of Soap in Bars in Kuwait (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	18.8	16.0	15.2	19.8	1.7%
India	1.7	1.4	1.3	2.2	9.0%
China	0.2	0.5	0.2	1.1	76.5%
Turkey	1.0	1.0	0.6	0.9	-3.5%
Germany	0.4	0.5	0.4	0.8	26.0%
Philippines	N/A	0.1	0.3	0.5	123.6%
Indonesia	0.3	0.6	0.1	0.4	10.1%
Saudi Arabia	14.6	11.9	4.1	N/A	-47.0%
Others	4.0	3.6	3.7	5.1	8.4%
Total	41.1	35.6	25.9	30.8	-9.2%

Top Suppliers of Soap in Bars to Kuwait in 2022:

United Arab Emirates (5.8K tons)
India (1.1K tons)
Turkey (0.9K tons)
Philippines (0.3K tons)
Indonesia (0.3K tons)
China (0.3K tons)
Germany (0.2K tons)

Soap in Bars Exports in Kuwait

In 2022, overseas shipments of soap and organic surface-active products in bars were finally on the rise to reach 262 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous decrease.

In value terms, soap in bars exports expanded rapidly to $1.5M in 2022. Over the period under review, exports, however, showed a sharp decrease.

Export of Soap in Bars in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	22.3	102	282	1,527	309.1%
Qatar	40.3	191	277	N/A	162.2%
Iran	478	67.8	42.8	N/A	-70.1%
Iraq	46.5	18.8	79.7	N/A	30.9%
Saudi Arabia	2,748	1,179	664	N/A	-50.8%
Others	31.1	119	29.6	N/A	-2.4%
Total	3,366	1,678	1,376	1,527	-23.2%

Top Export Markets for Soap in Bars from Kuwait in 2022:

United Arab Emirates (261.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the soap in bars market in Kuwait. 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 20421915 - Soap and organic surface-active products in bars, etc., for toilet use
Prodcom 20413120 - Soap and organic surface-active products in bars, etc., n.e.c.

Country coverage:

Kuwait

Data coverage:

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