GCC: Market for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use 2024

Market Size for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in GCC

In 2022, the GCC market for soap and organic surface-active products in bars other than for toilet use decreased by X% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in GCC

In value terms, production of soap and organic surface-active products in bars other than for toilet use expanded to $X in 2022 estimated in export price. Overall, production recorded resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use

Exports in GCC

Exports of soap and organic surface-active products in bars other than for toilet use contracted to X tons in 2022, declining by X% compared with the year before. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use reduced to $X in 2022. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) prevails in use structure, together committing X% of total exports. Oman (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest soap in bars other than for toilet use supplying countries in GCC were Saudi Arabia ($X), the United Arab Emirates ($X) and Oman ($X), together comprising X% of total exports.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a mild contraction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($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 Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Imports of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use

Imports in GCC

In 2022, after three years of growth, there was significant decline in overseas purchases of soap and organic surface-active products in bars other than for toilet use, when their volume decreased by X% to X tons. Overall, imports, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use dropped to $X in 2022. Total imports indicated a moderate expansion 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, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons) was the main importer of soap and organic surface-active products in bars other than for toilet use, achieving X% of total imports. The United Arab Emirates (X tons) held the second position in the ranking, distantly followed by Qatar (X tons). All these countries together held near X% share of total imports. The following importers - Oman (X tons) and Kuwait (X tons) - each resulted at a X% share of total imports.

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

In value terms, Saudi Arabia ($X) constitutes the largest market for imported soap and organic surface-active products in bars other than for toilet use in GCC, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

In Saudi Arabia, imports of soap and organic surface-active products in bars other than for toilet use expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, therefore, remained relatively stable against the previous year. Import price indicated a modest increase from 2012 to 2022: its price 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, import price for soap and organic surface-active products in bars other than for toilet use decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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