Report Hong Kong SAR, China - Soap and Organic Surface-Active Products in Bars - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 9, 2023

Hong Kong SAR, China - Soap and Organic Surface-Active Products in Bars - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Soap In Bars Market 2023

Soap In Bars Market Size in Hong Kong SAR, China

The Hong Kong soap in bars market declined to $X in 2021, with a decrease of -14.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a pronounced reduction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Soap In Bars Exports

Exports from Hong Kong SAR, China

For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of soap and organic surface-active products in bars, which decreased by -19.7% to X tons in 2021. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 92% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, soap in bars exports surged to $X in 2021. In general, exports recorded a mild setback. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), the United States (X tons) and Macao SAR (X tons) were the main destinations of soap in bars exports from Hong Kong SAR, together accounting for 87% of total exports. Japan, France, the UK, Australia and Singapore lagged somewhat behind, together accounting for a further 8.8%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +31.2%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for soap in bars exports from Hong Kong SAR, comprising 45% of total exports. The second position in the ranking was held by the United States ($X), with a 22% share of total exports. It was followed by Macao SAR, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+10.7% per year) and Macao SAR (-2.1% per year).

Export Prices by Country

In 2021, the average soap in bars export price amounted to $X per ton, growing by 58% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, soap in bars export price increased by +70.4% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to France ($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 the UK (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Soap In Bars Imports

Imports into Hong Kong SAR, China

Soap in bars imports into Hong Kong SAR reduced remarkably to X tons in 2021, dropping by -25.4% compared with 2020. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 14%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, soap in bars imports declined to $X in 2021. Over the period under review, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2016 with an increase of 16% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of soap in bars to Hong Kong SAR, accounting for a 48% share of total imports. Moreover, soap in bars imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), fivefold. The third position in this ranking was held by Singapore (X tons), with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-10.6% per year) and Singapore (-0.5% per year).

In value terms, China ($X) constituted the largest supplier of soap in bars to Hong Kong SAR, comprising 37% of total imports. The second position in the ranking was held by Japan ($X), with an 11% share of total imports. It was followed by France, with a 7% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-7.5% per year) and France (+12.5% per year).

Import Prices by Country

The average soap in bars import price stood at $X per ton in 2021, increasing by 23% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for soap and organic surface-active products in bars in the world?
+
The country with the largest volume of soap in bars consumption was China, comprising approx. 18% of total volume. Moreover, soap in bars consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of soap and organic surface-active products in bars in the world?
+
China remains the largest soap in bars producing country worldwide, comprising approx. 23% of total volume. Moreover, soap in bars production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by Indonesia, with a 5.7% share.
What are the leading suppliers of soap and organic surface-active products in bars to Hong Kong SAR, China?
+
In value terms, China constituted the largest supplier of soap in bars to Hong Kong SAR, comprising 37% of total imports. The second position in the ranking was taken by Japan, with an 11% share of total imports. It was followed by France, with a 7% share.
What are the leading importers of soap and organic surface-active products in bars from Hong Kong SAR, China?
+
In value terms, China remains the key foreign market for soap in bars exports from Hong Kong SAR, comprising 45% of total exports. The second position in the ranking was held by the United States, with a 22% share of total exports. It was followed by Macao SAR, with a 17% share.
What is the average export price for soap and organic surface-active products in bars in Hong Kong SAR, China?
+
The average soap in bars export price stood at $5,806 per ton in 2021, picking up by 58% against the previous year.
What is the average import price for soap and organic surface-active products in bars in Hong Kong SAR, China?
+
In 2021, the average soap in bars import price amounted to $3,469 per ton, surging by 23% against the previous year.

This report provides an in-depth analysis of the soap in bars market in Hong Kong SAR, China. 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 20421915 - Soap and organic surface-active products in bars, etc., for toilet use
• Prodcom 20413120 - Soap and organic surface-active products in bars, etc., n.e.c.
Country coverage:
• Hong Kong SAR

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hong Kong SAR, China
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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