Report Update: May 1, 2024

Ireland - Soap - Market Analysis, Forecast, Size, Trends And Insights

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Soap Price in Ireland - 2023

Soap Price in Ireland (CIF) - 2023

In June 2023, the average soap import price amounted to $3,006 per ton, increasing by 28% against the previous month. In general, import price indicated noticeable growth from June 2022 to June 2023: its price increased at an average monthly rate of +4.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, soap import price decreased by -2.7% against February 2023 indices. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 34% m-o-m. The import price peaked at $3,325 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($3,901 per ton), while the price for Spain ($1,151 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Soap Price in Ireland (FOB) - 2023

In June 2023, the average soap export price amounted to $5,002 per ton, rising by 7.7% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 49% m-o-m. As a result, the export price attained the peak level of $6,150 per ton. From November 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($19,441 per ton), while the average price for exports to Belgium ($2,450 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Soap Imports in Ireland

In 2022, the amount of soap imported into Ireland surged to 41K tons, picking up by 16% compared with 2021 figures. The total import volume increased at an average annual rate of +7.4% 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 imports increased by 34% against the previous year. As a result, imports attained the peak of 44K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, soap imports rose significantly to $121M in 2022. The total import value increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 20%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Soap in Ireland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	59.9	68.8	84.5	88.4	13.9%
Turkey	3.5	4.4	5.6	6.7	24.2%
Germany	8.5	11.7	3.4	4.7	-17.9%
China	1.6	1.9	1.1	3.5	29.8%
Belgium	1.5	1.2	1.2	1.7	4.3%
Sweden	0.2	0.2	0.8	1.4	91.3%
Spain	0.6	1.8	0.4	1.4	32.6%
Others	11.0	14.6	12.0	13.0	5.7%
Total	86.7	104	109	121	11.8%

Top Suppliers of Soap to Ireland in 2022:

United Kingdom (29.0K tons)
Turkey (4.4K tons)
Germany (1.6K tons)
Sweden (1.0K tons)
China (1.0K tons)
Belgium (0.9K tons)
Spain (0.9K tons)

Soap Exports in Ireland

For the third year in a row, Ireland recorded decline in shipments abroad of soap, which decreased by -21.5% to 1.5K tons in 2022. Overall, exports faced a deep setback. The smallest decline of -10.4% was in 2020.

In value terms, soap exports declined significantly to $5.8M in 2022. In general, exports faced a deep setback. The growth pace was the most rapid in 2020 with an increase of 3.7% against the previous year. As a result, the exports attained the peak of $10M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Soap in Ireland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	4,851	4,746	3,715	2,614	-18.6%
United States	37.1	96.9	441	742	171.4%
Hong Kong SAR	253	108	109	568	30.9%
Netherlands	142	140	384	508	52.9%
Iceland	68.4	135	332	182	38.6%
Germany	132	186	48.5	54.2	-25.7%
Spain	1,254	1,387	428	13.5	-77.9%
France	911	729	400	3.8	-83.9%
Others	2,167	2,655	3,208	1,111	-20.0%
Total	9,817	10,183	9,066	5,796	-16.1%

Top Export Markets for Soap from Ireland in 2022:

United Kingdom (948.5 tons)
Hong Kong SAR (152.1 tons)
Netherlands (138.0 tons)
Iceland (64.2 tons)
United States (50.3 tons)
Germany (23.0 tons)
Spain (3.8 tons)
France (0.9 tons)

Source: IndexBox Market Intelligence Platform

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

Ireland

Data coverage:

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