Report Update: May 1, 2024

Vietnam - Soap And Organic Surface-Active Products In Bars - 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

Soap in Bars Price in Vietnam - 2021

Soap in Bars Price in Vietnam (FOB) - 2022

In 2022, the average soap in bars export price amounted to $2,395 per ton, increasing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2018 an increase of 18%. The export price peaked at $2,600 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,658 per ton), while the average price for exports to Myanmar ($1,587 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 Arab Emirates (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Soap in Bars Price in Vietnam (CIF) - 2022

In 2022, the average soap in bars import price amounted to $2,575 per ton, waning by -2.9% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 12%. Over the period under review, average import prices attained the maximum at $2,653 per ton in 2021, and then declined slightly 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 Japan ($5,581 per ton), while the price for Indonesia ($1,227 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Soap in Bars Exports in Vietnam

In 2022, the amount of soap and organic surface-active products in bars exported from Vietnam surged to 10K tons, jumping by 19% compared with 2021. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 29% against the previous year. As a result, the exports reached the peak of 12K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, soap in bars exports skyrocketed to $24M in 2022. Overall, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 44%. As a result, the exports attained the peak of $31M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Soap in Bars in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	N/A	0.3	0.6	10.7	497.2%
United States	12.7	19.4	8.5	9.2	-10.2%
Myanmar	0.2	0.3	0.1	1.9	111.8%
Japan	1.1	2.5	1.9	1.5	10.9%
Taiwan (Chinese)	0.5	0.9	0.4	0.4	-7.2%
China	4.7	4.9	4.3	0.1	-72.3%
Others	2.3	2.6	2.2	0.7	-32.7%
Total	21.5	30.9	18.1	24.5	4.5%

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

United Arab Emirates (4.0K tons)
United States (3.8K tons)
Myanmar (1.2K tons)
Japan (0.7K tons)
Taiwan (Chinese) (0.1K tons)
China (0.1K tons)

Soap in Bars Imports in Vietnam

Soap in bars imports into Vietnam reduced to 2.5K tons in 2022, waning by -6.7% against the year before. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year.

In value terms, soap in bars imports shrank to $6.4M in 2022. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year.

Import of Soap in Bars in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	677	292	574	1,965	42.6%
Philippines	1,796	520	1,681	1,196	-12.7%
Japan	973	700	1,244	761	-7.9%
Indonesia	833	94.2	577	454	-18.3%
Malaysia	951	215	441	427	-23.4%
South Korea	388	136	231	239	-14.9%
Thailand	720	252	459	206	-34.1%
China	614	2,434	67.0	98.6	-45.6%
Others	1,522	1,127	1,833	1,091	-10.5%
Total	8,473	5,769	7,106	6,438	-8.7%

Top Suppliers of Soap in Bars to Vietnam in 2022:

Philippines (709.5 tons)
United States (486.9 tons)
Indonesia (370.3 tons)
Malaysia (275.7 tons)
Japan (136.4 tons)
Thailand (122.8 tons)
South Korea (60.2 tons)
China (35.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the soap in bars market in Vietnam. 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:

Vietnam

Data coverage:

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