Pakistan: Soap And Detergent Market 2024

Soap And Detergent Market Size in Pakistan

In 2022, after four years of growth, there was decline in the Pakistani soap and detergent market, when its value decreased by less than X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Soap and detergent consumption peaked at $X in 2021, and then reduced in the following year.

Soap And Detergent Production in Pakistan

In value terms, soap and detergent production totaled $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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. Soap and detergent production peaked at $X in 2020; afterwards, it flattened through to 2022.

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Soap And Detergent Exports

Exports from Pakistan

For the fourth year in a row, Pakistan recorded growth in overseas shipments of soap and detergents, which increased by X% to X tons in 2022. Overall, exports posted a strong increase. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, soap and detergent exports soared to $X in 2022. In general, exports posted buoyant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Afghanistan (X tons) was the main destination for soap and detergent exports from Pakistan, accounting for a X% share of total exports. Moreover, soap and detergent exports to Afghanistan exceeded the volume sent to the second major destination, Uzbekistan (X tons), twofold. Qatar (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Afghanistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Qatar (X% per year).

In value terms, Afghanistan ($X), Qatar ($X) and Uzbekistan ($X) appeared to be the largest markets for soap and detergent exported from Pakistan worldwide, with a combined X% share of total exports.

Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 and detergent export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, showed a pronounced slump. The growth pace was the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Madagascar ($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 Qatar (X%), while the prices for the other major destinations experienced a decline.

Soap And Detergent Imports

Imports into Pakistan

Soap and detergent imports into Pakistan dropped to X tons in 2022, which is down by X% against the previous year's figure. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, soap and detergent imports contracted modestly to $X in 2022. In general, 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of soap and detergent to Pakistan, accounting for a X% share of total imports. Moreover, soap and detergent imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of soap and detergents to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

The average soap and detergent import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($X per ton), while the price for Brazil ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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