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

Philippines - Soap and Organic Surface-Active Products in Bars - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Soap In Bars Market 2023

Soap In Bars Market Size in the Philippines

In 2021, the Philippine soap in bars market decreased by -7.1% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, continues to indicate resilient growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Soap In Bars Production in the Philippines

In value terms, soap in bars production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production enjoyed a resilient increase. The growth pace was the most rapid in 2018 when the production volume increased by 101% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Soap In Bars Exports

Exports from the Philippines

In 2021, overseas shipments of soap and organic surface-active products in bars increased by 28% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, soap in bars exports surged to $X in 2021. Overall, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 61% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Vietnam (X tons), Indonesia (X tons) and Thailand (X tons) were the main destinations of soap in bars exports from the Philippines, with a combined 44% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +28.7%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) remains the key foreign market for soap in bars exports from the Philippines, comprising 30% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an 11% share of total exports. It was followed by Vietnam, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia stood at +29.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+14.6% per year) and Vietnam (-1.9% per year).

Export Prices by Country

In 2021, the average soap in bars export price amounted to $X per ton, waning by -2.2% against the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 25%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Indonesia ($X per ton), while the average price for exports to Malaysia ($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 Indonesia (+0.4%), while the prices for the other major destinations experienced a decline.

Soap In Bars Imports

Imports into the Philippines

After two years of growth, purchases abroad of soap and organic surface-active products in bars decreased by -16.5% to X tons in 2021. In general, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by 51% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then shrank significantly in the following year.

In value terms, soap in bars imports contracted to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +19.3% against 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 41% against the previous year. Over the period under review, imports reached the maximum at $X in 2020, and then shrank in the following year.

Imports by Country

Indonesia (X tons), China (X tons) and Vietnam (X tons) were the main suppliers of soap in bars imports to the Philippines, with a combined 55% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +59.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and the United States ($X) were the largest soap in bars suppliers to the Philippines, together accounting for 49% of total imports. These countries were followed by Indonesia, the Netherlands, Malaysia, Vietnam and Taiwan (Chinese), which together accounted for a further 41%.

Among the main suppliers, Vietnam, with a CAGR of +72.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average soap in bars import price stood at $X per ton in 2021, increasing by 11% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 11% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+8.6%), 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?
+
China remains the largest soap in bars consuming country worldwide, 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 third position in this ranking was taken by the United States, with a 6.8% share.
What are the largest producers of soap and organic surface-active products in bars in the world?
+
The country with the largest volume of soap in bars production was China, comprising approx. 23% of total volume. Moreover, soap in bars production in China exceeded the figures recorded by the second-largest producer, India, threefold. Indonesia ranked third in terms of total production with a 5.7% share.
What are the leading suppliers of soap and organic surface-active products in bars to the Philippines?
+
In value terms, the largest soap in bars suppliers to the Philippines were China, Thailand and the United States, with a combined 49% share of total imports. These countries were followed by Indonesia, the Netherlands, Malaysia, Vietnam and Taiwan Chinese), which together accounted for a further 41%.
What are the leading importers of soap and organic surface-active products in bars from the Philippines?
+
In value terms, Indonesia remains the key foreign market for soap in bars exports from the Philippines, comprising 30% of total exports. The second position in the ranking was taken by Saudi Arabia, with an 11% share of total exports. It was followed by Vietnam, with an 11% share.
What is the average export price for soap and organic surface-active products in bars in the Philippines?
+
The average soap in bars export price stood at $2,704 per ton in 2021, reducing by -2.2% against the previous year.
What is the average import price for soap and organic surface-active products in bars in the Philippines?
+
The average soap in bars import price stood at $1,785 per ton in 2021, picking up by 11% against the previous year.

This report provides an in-depth analysis of the soap in bars market in the Philippines. 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:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• 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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