Republic of Korea - Soap And Organic Surface-Active Products In Bars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoap in Bars Price in South Korea - 2022
Contents:
- Soap in Bars Price in South Korea (CIF) - 2022
- Soap in Bars Price in South Korea (FOB) - 2022
- Soap in Bars Imports in South Korea
- Soap in Bars Exports in South Korea
Soap in Bars Price in South Korea (CIF) - 2022
In 2022, the average soap in bars import price amounted to $5,599 per ton, picking up by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($17,063 per ton), while the price for Indonesia ($2,367 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Soap in Bars Price in South Korea (FOB) - 2022
In 2022, the average soap in bars export price amounted to $4,877 per ton, increasing by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2021 when the average export price increased by 18% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,007 per ton), while the average price for exports to Mongolia ($3,124 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 United States (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Soap in Bars Imports in South Korea
In 2022, the amount of soap and organic surface-active products in bars imported into South Korea shrank significantly to 5.1K tons, falling by -39% on the previous year's figure. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of 8.3K tons, and then shrank markedly in the following year.
In value terms, soap in bars imports declined remarkably to $28M in 2022. Overall, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of $39M, and then contracted notably in the following year.
| Import of Soap in Bars in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.7 | 9.1 | 12.7 | 8.0 | -18.4% |
| Thailand | 1.0 | 0.9 | 3.2 | 2.8 | 40.9% |
| Australia | 1.7 | 2.2 | 3.1 | 2.7 | 16.7% |
| China | 4.0 | 3.3 | 3.2 | 2.7 | -12.3% |
| France | 1.4 | 2.1 | 2.6 | 2.4 | 19.7% |
| Germany | 1.4 | 2.7 | 4.1 | 1.7 | 6.7% |
| Malaysia | 1.4 | 0.6 | 1.6 | 1.5 | 2.3% |
| Japan | 1.8 | 1.5 | 1.5 | 1.2 | -12.6% |
| Italy | 1.2 | 1.2 | 1.0 | 1.0 | -5.9% |
| Indonesia | 1.3 | 1.9 | 2.1 | 0.9 | -11.5% |
| Others | 4.5 | 3.1 | 3.8 | 3.5 | -8.0% |
| Total | 34.4 | 28.5 | 38.9 | 28.4 | -6.2% |
Top Suppliers of Soap in Bars to South Korea in 2022:
- United States (1223.5 tons)
- China (935.9 tons)
- Germany (572.9 tons)
- Malaysia (452.0 tons)
- Indonesia (388.1 tons)
- Australia (324.4 tons)
- Thailand (299.5 tons)
- France (142.1 tons)
- Japan (140.4 tons)
- Italy (108.3 tons)
Soap in Bars Exports in South Korea
In 2022, exports of soap and organic surface-active products in bars from South Korea soared to 13K tons, picking up by 69% compared with 2021 figures. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, soap in bars exports soared to $61M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Soap in Bars in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.5 | 14.3 | 15.6 | 41.8 | 31.2% |
| Taiwan (Chinese) | 1.5 | 5.3 | 5.8 | 5.8 | 57.0% |
| United States | 4.5 | 8.2 | 3.0 | 4.9 | 2.9% |
| Russia | 0.9 | 1.0 | 1.1 | 1.3 | 13.0% |
| Philippines | 0.3 | 0.6 | 0.5 | 0.9 | 44.2% |
| Mongolia | 0.1 | 0.1 | 0.4 | 0.7 | 91.3% |
| Malaysia | 0.9 | 0.7 | 0.8 | 0.7 | -8.0% |
| Hong Kong SAR | 2.0 | 0.8 | 0.4 | 0.6 | -33.1% |
| Others | 5.7 | 6.4 | 6.9 | 4.7 | -6.2% |
| Total | 34.5 | 37.4 | 34.7 | 61.4 | 21.2% |
Top Export Markets for Soap in Bars from South Korea in 2022:
- Hong Kong SAR (undefinedK tons)
- China (8.1K tons)
- Taiwan (Chinese) (1.8K tons)
- United States (0.8K tons)
- Russia (0.4K tons)
- Philippines (0.2K tons)
- Mongolia (0.2K tons)
- Malaysia (0.2K tons)
This report provides an in-depth analysis of the soap in bars market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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
- 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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