Southern Asia: Market for Soap In Different Forms 2024

Market Size for Soap In Different Forms in Southern Asia

In 2022, the South Asian soap in different forms market decreased by X% to $X, falling for the second year in a row after two years of growth. The market 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. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Production of Soap In Different Forms in Southern Asia

In value terms, soap in different forms production reached $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 in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

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Exports of Soap In Different Forms

Exports in Southern Asia

Soap in different forms exports skyrocketed to X tons in 2022, with an increase of X% against the previous year. Overall, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, soap in different forms exports soared to $X in 2022. In general, exports posted a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Pakistan (X tons) and India (X tons) represented the major exporter of soap in different forms in Southern Asia, mixing up X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Pakistan (with a CAGR of X%).

In value terms, Pakistan ($X) and India ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, Pakistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, recorded a abrupt downturn. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Imports of Soap In Different Forms

Imports in Southern Asia

In 2022, after two years of growth, there was significant decline in overseas purchases of soap in different forms, when their volume decreased by X% to X tons. Overall, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped in the following year.

In value terms, soap in different forms imports expanded modestly to $X in 2022. In general, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

India represented the key importer of soap in different forms in Southern Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Bangladesh (X tons) took the second position in the ranking, distantly followed by Afghanistan (X tons) and Sri Lanka (X tons). All these countries together held approx. X% share of total imports. Nepal (X tons) followed a long way behind the leaders.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Nepal (X%), Bangladesh (X%), Afghanistan (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Bangladesh (X p.p.) and Nepal (X p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported soap in different forms in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India stood at X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, showed a slight setback. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nepal ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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