Report Update: May 1, 2024

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

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Soap Price in Myanmar - 2022

Soap Price in Myanmar (CIF) - 2022

In December 2022, the average soap import price amounted to $1,166 per ton, with a decrease of -45% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 62% against the previous month. Over the period under review, average import prices hit record highs at $2,119 per ton in November 2022, and then contracted sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($4,665 per ton), while the price for China ($631 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Soap Price in Myanmar (FOB) - 2022

The average soap export price stood at $665 per ton in 2022, rising by 17% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 22% against the previous year. The export price peaked at $2,525 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,864 per ton), while the average price for exports to Malaysia ($274 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 China (+42.7%), while the prices for the other major destinations experienced mixed trend patterns.

Soap Imports in Myanmar

In 2022, overseas purchases of soap decreased by -47.3% to 16K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of 37K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, soap imports declined dramatically to $25M in 2022. Overall, imports faced a sharp descent. The smallest decline of -10.9% was in 2021.

Import of Soap in Myanmar (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	23.7	18.7	15.3	8.9	-27.9%
Indonesia	26.2	15.8	15.4	6.3	-37.8%
Malaysia	4.4	4.3	5.2	5.1	5.0%
China	2.3	3.6	2.2	2.7	5.5%
Others	2.3	2.7	2.1	1.5	-13.3%
Total	58.9	45.1	40.1	24.5	-25.4%

Top Suppliers of Soap to Myanmar in 2022:

Thailand (4.5K tons)
China (4.1K tons)
Malaysia (4.0K tons)
Indonesia (2.6K tons)

Soap Exports in Myanmar

Soap exports from Myanmar surged to 405 tons in 2022, jumping by 28% compared with the year before. Over the period under review, exports, however, showed a abrupt shrinkage.

In value terms, soap exports soared to $269K in 2022. In general, exports, however, showed a abrupt decrease.

Export of Soap in Myanmar (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	258	248	128	161	-14.5%
Germany	N/A	34.8	N/A	25.4	-14.6%
China	N/A	N/A	0.1	23.6	23500.0%
Malaysia	21.8	11.8	19.0	9.7	-23.7%
Guinea	N/A	32.0	N/A	N/A	0%
Others	37.0	103	31.7	49.7	10.3%
Total	317	429	179	269	-5.3%

Top Export Markets for Soap from Myanmar in 2022:

India (330.9 tons)
Malaysia (35.3 tons)
China (20.0 tons)
Germany (6.6 tons)

Source: IndexBox Market Intelligence Platform

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

Myanmar

Data coverage:

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