Latin America and the Caribbean: Soap In Bars Market 2024

Soap In Bars Market Size in Latin America and the Caribbean

The Latin American soap in bars market expanded remarkably to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Soap In Bars Production in Latin America and the Caribbean

In value terms, soap in bars production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Soap In Bars Exports

Exports in Latin America and the Caribbean

In 2022, after three years of growth, there was decline in shipments abroad of soap and organic surface-active products in bars, when their volume decreased by X% to X tons. Total exports indicated buoyant growth from 2012 to 2022: its volume 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, exports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of export peaked at X tons in 2021, and then declined in the following year.

In value terms, soap in bars exports soared to $X in 2022. Total exports 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Mexico (X tons), Guatemala (X tons) and Honduras (X tons), together recording X% of total export. It was distantly followed by Brazil (X tons) and Colombia (X tons), together comprising a X% share of total exports. The following exporters - the Dominican Republic (X tons) and Argentina (X tons) - each accounted for a X% 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 Mexico (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Guatemala ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Honduras, Colombia, the Dominican Republic and Argentina lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Brazil ($X per ton), while Honduras ($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 Dominican Republic (X%), while the other leaders experienced more modest paces of growth.

Soap In Bars Imports

Imports in Latin America and the Caribbean

In 2022, soap in bars imports in Latin America and the Caribbean was estimated at X tons, approximately mirroring the previous year. The total import volume 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. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, soap in bars imports surged to $X in 2022. The total import 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 in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, El Salvador (X tons), Chile (X tons), Peru (X tons), Guatemala (X tons), Mexico (X tons), Nicaragua (X tons), Venezuela (X tons), Costa Rica (X tons), Bolivia (X tons), Haiti (X tons), Argentina (X tons) and Honduras (X tons) was the key importer of soap and organic surface-active products in bars in Latin America and the Caribbean, comprising X% of total import.

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

In value terms, Mexico ($X), Peru ($X) and El Salvador ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Chile, Guatemala, Nicaragua, Costa Rica, Argentina, Venezuela, Bolivia, Honduras and Haiti lagged somewhat behind, together accounting for a further X%.

Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Mexico ($X per ton), while Haiti ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :