Brazil: Soap In Bars Market 2023

Soap In Bars Market Size in Brazil

For the third year in a row, the Brazilian soap in bars market recorded decline in sales value, which decreased by -2% to $X in 2021. Over the period under review, consumption saw a relatively flat trend pattern. Soap in bars consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Soap In Bars Production in Brazil

In value terms, soap in bars production reached $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 14% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Soap In Bars Exports

Exports from Brazil

In 2021, the amount of soap and organic surface-active products in bars exported from Brazil dropped to X tons, declining by -8.3% against 2020 figures. The total export volume increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 35%. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, soap in bars exports rose sharply to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 25%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Argentina (X tons), Venezuela (X tons) and Peru (X tons) were the main destinations of soap in bars exports from Brazil, together accounting for 52% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru (with a CAGR of +14.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soap in bars exported from Brazil were Argentina ($X), Venezuela ($X) and Peru ($X), together accounting for 47% of total exports.

Peru, with a CAGR of +9.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average soap in bars export price stood at $X per ton in 2021, increasing by 16% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Angola ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Soap In Bars Imports

Imports into Brazil

In 2021, soap in bars imports into Brazil contracted rapidly to X tons, waning by -63.1% against the year before. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 85%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, soap in bars imports contracted remarkably to $X in 2021. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2013 when imports increased by 92% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Malaysia (X tons), China (X tons) and France (X tons) were the main suppliers of soap in bars imports to Brazil, together accounting for 79% of total imports.

From 2012 to 2021, the biggest increases were in Malaysia (with a CAGR of +71.1%), while purchases for the other leaders experienced a decline.

In value terms, the largest soap in bars suppliers to Brazil were China ($X), France ($X) and the United States ($X), together accounting for 61% of total imports. These countries were followed by Malaysia, Spain, Italy, the Netherlands, Germany and Mexico, which together accounted for a further 33%.

In terms of the main suppliers, Malaysia, with a CAGR of +72.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average soap in bars import price amounted to $X per ton, increasing by 46% against the previous year. Over the period under review, the import price, however, saw a perceptible slump. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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