Philippines - Soap And Organic Surface-Active Products In Bars - Market Analysis, Forecast, Size, Trends And Insights

Philippines: Soap In Bars Market Overview 2020

Soap In Bars Market Size in the Philippines

The revenue of the soap in bars market in the Philippines amounted to $X in 2018, rising by X% 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). In general, soap in bars consumption continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, the soap in bars market reached its peak level and is likely to continue its growth in the immediate term.

Soap In Bars Exports

Exports from the Philippines

Soap in bars exports from the Philippines stood at X tonnes in 2018, reducing by -X% against the previous year. Over the period under review, soap in bars exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. In that year, soap in bars exports attained their peak of X tonnes. From 2011 to 2018, the growth of soap in bars exports remained at a lower figure.

In value terms, soap in bars exports amounted to $X in 2018. Overall, soap in bars exports continue to indicate temperate growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for soap in bars exports from the Philippines, with a X% share of total exports. Moreover, soap in bars exports to the United Arab Emirates exceeded the volume sent to the second major destination, Viet Nam (X tonnes), twofold. The third position in this ranking was occupied by Thailand (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (-X% per year) and Thailand (+X% per year).

In value terms, the United Arab Emirates ($X), Singapore ($X) and Viet Nam ($X) appeared to be the largest markets for soap in bars exported from the Philippines worldwide, with a combined X% share of total exports. These countries were followed by Thailand, Saudi Arabia, Indonesia, Taiwan, Chinese, Japan, China, Hong Kong SAR and Malaysia, which together accounted for a further X the main countries of destination, Taiwan, Chinese recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average soap in bars export price amounted to $X per tonne, going down by -X% against the previous year. Overall, the export price indicated a measured expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, soap in bars export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Soap In Bars Imports

Imports into the Philippines

Soap in bars imports into the Philippines amounted to X tonnes in 2018, rising by X% against the previous year. Overall, the total imports indicated a strong expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. In that year, soap in bars imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, soap in bars imports stood at $X in 2018. Over the period under review, the total imports indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Imports peaked at $X in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

Imports by Country

China (X tonnes), Indonesia (X tonnes) and Thailand (X tonnes) were the main suppliers of soap in bars imports to the Philippines, together comprising X% of total imports. Germany, Malaysia, the U.S. and Taiwan, Chinese lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Germany ($X) were the largest soap in bars suppliers to the Philippines, with a combined X% share of total imports. Indonesia, the U.S., Malaysia and Taiwan, Chinese lagged somewhat behind, together accounting for a further X, Chinese recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average soap in bars import price stood at $X per tonne in 2018, reducing by -X% against the previous year. In general, the soap in bars import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 an increase of X% y-o-y. The import price peaked at $X per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for Taiwan, Chinese ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform