Colombia - Soap - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoap Price in Colombia - 2022
Contents:
- Soap Price in Colombia (FOB) - 2022
- Soap Price in Colombia (CIF) - 2022
- Soap Exports in Colombia
- Soap Imports in Colombia
Soap Price in Colombia (FOB) - 2022
The average soap export price stood at $2,176 per ton in February 2022, shrinking by -18.3% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 19% m-o-m. The export price peaked at $2,755 per ton in June 2021; however, from July 2021 to February 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($6,995 per ton), while the average price for exports to Chile ($570 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Soap Price in Colombia (CIF) - 2022
The average soap import price stood at $1,984 per ton in February 2022, with a decrease of -6.3% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in March 2021 an increase of 23% month-to-month. The import price peaked at $2,164 per ton in October 2021; however, from November 2021 to February 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,677 per ton), while the price for China ($848 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Soap Exports in Colombia
In 2022, the amount of soap exported from Colombia surged to 39K tons, picking up by 38% compared with 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.2% 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 -20.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 73%. As a result, the exports attained the peak of 50K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, soap exports soared to $83M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 -20.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 81%. As a result, the exports attained the peak of $105M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Soap in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 20.3 | 39.4 | 19.1 | 28.2 | 11.6% |
| Ecuador | 11.9 | 28.3 | 13.5 | 19.5 | 17.9% |
| Mexico | 3.4 | 5.8 | 7.3 | 8.0 | 33.0% |
| Cuba | 6.2 | 8.7 | 4.0 | 6.3 | 0.5% |
| Venezuela | 1.2 | 3.8 | 3.0 | 3.8 | 46.8% |
| Panama | 2.1 | 2.9 | 1.7 | 2.3 | 3.1% |
| United Kingdom | 0.3 | 0.5 | 0.7 | 1.7 | 78.3% |
| Costa Rica | 0.8 | 1.5 | 1.2 | 1.6 | 26.0% |
| Bolivia | 1.1 | 2.8 | 0.9 | 1.5 | 10.9% |
| Chile | 1.1 | 1.3 | 1.0 | 1.2 | 2.9% |
| Free Zones | 1.3 | 1.0 | 1.2 | 1.0 | -8.4% |
| Others | 8.0 | 8.7 | 8.0 | 8.2 | 0.8% |
| Total | 57.9 | 105 | 61.5 | 83.2 | 12.8% |
Top Export Markets for Soap from Colombia in 2022:
- Peru (13.7K tons)
- Ecuador (9.4K tons)
- Cuba (4.4K tons)
- Venezuela (2.3K tons)
- Mexico (1.6K tons)
- United Kingdom (1.0K tons)
- Free Zones (1.0K tons)
- Costa Rica (0.9K tons)
- Chile (0.7K tons)
- Panama (0.7K tons)
- Bolivia (0.7K tons)
Soap Imports in Colombia
In 2022, imports of soap into Colombia rose modestly to 29K tons, picking up by 2.3% on the previous year. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.8% against the previous year. As a result, imports attained the peak of 29K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, soap imports fell modestly to $49M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year.
| Import of Soap in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 9.6 | 9.2 | 9.5 | 8.6 | -3.6% |
| Free Zones | 0.9 | 5.4 | 7.8 | 7.7 | 104.5% |
| China | 6.0 | 5.9 | 7.1 | 6.9 | 4.8% |
| United States | 3.7 | 4.8 | 4.7 | 4.5 | 6.7% |
| Spain | 3.7 | 4.5 | 4.6 | 4.2 | 4.3% |
| Mexico | 3.6 | 4.5 | 3.1 | 3.5 | -0.9% |
| Poland | 1.7 | 1.6 | 2.5 | 2.3 | 10.6% |
| Netherlands | 1.5 | 2.4 | 0.9 | 1.5 | 0.0% |
| Ecuador | 1.1 | 1.6 | 1.2 | 1.2 | 2.9% |
| Turkey | 1.2 | 1.3 | 0.8 | 1.0 | -5.9% |
| Peru | 1.1 | 1.3 | 1.1 | 1.0 | -3.1% |
| Sweden | 0.9 | 1.1 | 0.6 | 0.8 | -3.9% |
| Others | 4.0 | 4.3 | 6.1 | 5.8 | 13.2% |
| Total | 39.0 | 48.0 | 49.9 | 48.9 | 7.8% |
Top Suppliers of Soap to Colombia in 2022:
- China (9.9K tons)
- Free Zones (4.2K tons)
- Spain (2.9K tons)
- Brazil (2.6K tons)
- Poland (1.4K tons)
- Mexico (1.2K tons)
- Ecuador (1.2K tons)
- United States (1.0K tons)
- Turkey (0.7K tons)
- Netherlands (0.6K tons)
- Sweden (0.4K tons)
- Peru (0.4K tons)
This report provides an in-depth analysis of the soap market in Colombia. 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 20413120 - Soap and organic surface-active products in bars, etc., n.e.c.
- 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
- Prodcom 20421915 - Soap and organic surface-active products in bars, etc., for toilet use
- Prodcom 20421930 - Organic surface-active products and preparations for washing the skin, whether or not containing soap, p.r.s.
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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