India: 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 India

In 2022, the Indian market for soap and organic surface-active products in bars other than for toilet use decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate buoyant growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

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

In value terms, production of soap and organic surface-active products in bars other than for toilet use amounted to $X in 2022 estimated in export price. Overall, production enjoyed prominent growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports from India

For the fourth consecutive year, India recorded growth in overseas shipments of soap and organic surface-active products in bars other than for toilet use, which increased by X% to X tons in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Somalia (X tons), Comoros (X tons) and Bhutan (X tons) were the main destinations of exports of soap and organic surface-active products in bars other than for toilet use from India, together accounting for X% of total exports. Haiti, the United Arab Emirates, Nepal, Oman, Tanzania, Nigeria, Singapore, Bangladesh, the Netherlands and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for soap in bars other than for toilet use exported from India were Comoros ($X), the United Arab Emirates ($X) and Somalia ($X), with a combined X% share of total exports. Bhutan, Tanzania, Nepal, Bangladesh, Haiti, the Netherlands, Oman, Singapore, Nigeria and Germany lagged somewhat behind, together accounting for a further X%.

Nigeria, with a CAGR of X%, 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 export price for soap and organic surface-active products in bars other than for toilet use stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 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 ($X per ton), while the average price for exports to Haiti ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into India

In 2022, approx. X tons of soap and organic surface-active products in bars other than for toilet use were imported into India; reducing by X% on 2021. Over the period under review, imports, however, saw buoyant growth. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 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 fell to $X in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Indonesia (X tons) was the main supplier of soap in bars other than for toilet use to India, accounting for a X% share of total imports. It was followed by the Netherlands (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Indonesia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Malaysia (X% per year).

In value terms, Indonesia ($X) constituted the largest supplier of soap and organic surface-active products in bars other than for toilet use to India, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the average import price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, increasing by X% against the previous year. Overall, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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