Egypt: Soap Market 2024

Soap Market Size in Egypt

The Egyptian soap market expanded modestly to $X in 2022, rising by X% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Soap Production in Egypt

In value terms, soap production expanded significantly to $X in 2022 estimated in export price. Overall, production showed a strong expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Soap Exports

Exports from Egypt

In 2022, approx. X tons of soap were exported from Egypt; waning by X% compared with the previous year's figure. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, soap exports shrank notably to $X in 2022. In general, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sudan (X tons), Ethiopia (X tons) and Kenya (X tons) were the main destinations of soap exports from Egypt, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Ethiopia (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Sudan ($X), Ethiopia ($X) and Kenya ($X) constituted the largest markets for soap exported from Egypt worldwide, with a combined X% share of total exports.

Ethiopia, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average soap export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Algeria ($X 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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Soap Imports

Imports into Egypt

In 2022, imports of soap into Egypt dropped significantly to X tons, reducing by X% on the previous year's figure. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, soap imports dropped rapidly to $X in 2022. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2021, and then shrank markedly in the following year.

Imports by Country

The United Arab Emirates (X tons), Malaysia (X tons) and Turkey (X tons) were the main suppliers of soap imports to Egypt, together accounting for X% of total imports. Spain, the United States, Indonesia and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Malaysia ($X) and Turkey ($X) were the largest soap suppliers to Egypt, with a combined X% share of total imports. The United States, Spain, Germany and Indonesia lagged somewhat behind, together comprising a further X%.

The United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average soap import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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