Mexico - Soap - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

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

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Soap Price in Mexico - 2023

Contents:

  1. Soap Price in Mexico (FOB) - 2023
  2. Soap Price in Mexico (CIF) - 2023
  3. Soap Exports in Mexico
  4. Soap Imports in Mexico

Soap Price in Mexico (FOB) - 2023

The average soap export price stood at $2,585 per ton in June 2023, rising by 559% against the previous month. In general, the export price recorded strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In June 2023, the country with the highest price was the United States ($2,588 per ton), while the average price for exports to Costa Rica amounted to $1,930 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.1%).

Soap Price in Mexico (CIF) - 2023

The average soap import price stood at $3,534 per ton in June 2023, dropping by -4.7% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 12% against the previous month. The import price peaked at $4,090 per ton in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat 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 France ($8,371 per ton), while the price for China ($735 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 Canada (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Soap Exports in Mexico

For the fourth year in a row, Mexico recorded growth in overseas shipments of soap, which increased by 32% to 212K tons in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 63% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, soap exports soared to $380M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Soap in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13621721730430.8%
Cuba5.39.87.222.060.7%
Guatemala8.39.310.510.06.4%
Panama6.16.26.97.88.5%
Costa Rica7.57.16.47.3-0.9%
Others30.728.226.928.2-2.8%
Total19427727438025.1%

Top Export Markets for Soap from Mexico in 2022:

  1. United States (177.9K tons)
  2. Cuba (12.0K tons)
  3. Guatemala (4.3K tons)
  4. Costa Rica (3.2K tons)
  5. Panama (2.7K tons)

Soap Imports in Mexico

In 2022, soap imports into Mexico contracted to 51K tons, waning by -6.8% against 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 55K tons, and then reduced in the following year.

In value terms, soap imports expanded sharply to $171M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Soap in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States58.055.865.375.49.1%
Germany25.624.928.033.39.2%
France6.67.514.617.137.3%
Brazil8.911.410.412.411.7%
China5.44.35.36.77.5%
Canada6.55.76.56.60.5%
United Kingdom3.12.64.56.024.6%
Colombia5.08.18.62.8-17.6%
Guatemala3.54.01.10.7-41.5%
Others12.09.75.810.0-5.9%
Total1351341501718.2%

Top Suppliers of Soap to Mexico in 2022:

  1. United States (22.0K tons)
  2. Germany (11.4K tons)
  3. Brazil (4.6K tons)
  4. China (3.9K tons)
  5. Canada (2.7K tons)
  6. France (2.3K tons)
  7. United Kingdom (1.6K tons)
  8. Colombia (0.6K tons)
  9. Guatemala (0.3K tons)

Source: IndexBox Market Intelligence Platform

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

  • Mexico

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Soap - Mexico