Spain: Soap In Bars Market 2023

Soap In Bars Market Size in Spain

In 2021, the Spanish soap in bars market decreased by -7.8% to $X, falling for the third consecutive year after two years of growth. Overall, consumption recorded a pronounced setback. The pace of growth appeared the most rapid in 2018 when the market value increased by 7.7%. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Soap In Bars Production in Spain

In value terms, soap in bars production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 13% against the previous year. Soap in bars production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Soap In Bars Exports

Exports from Spain

For the third year in a row, Spain recorded growth in shipments abroad of soap and organic surface-active products in bars, which increased by 19% to X tons in 2021. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2019 when exports increased by 53% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, soap in bars exports stood at $X in 2021. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of 37% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The UK (X tons), Germany (X tons) and Portugal (X tons) were the main destinations of soap in bars exports from Spain, together comprising 68% of total exports. South Africa, the United States, Italy, Morocco, the Czech Republic, Saudi Arabia, France and Poland lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the biggest increases were in South Africa (with a CAGR of +260.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soap in bars exported from Spain were the UK ($X), Germany ($X) and Portugal ($X), together comprising 55% of total exports. South Africa, Poland, Saudi Arabia, France, Morocco, the United States, Italy and the Czech Republic lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, South Africa, with a CAGR of +243.5%, 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 2021, the average soap in bars export price amounted to $X per ton, waning by -8.7% against the previous year. Over the period under review, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 28%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to the UK ($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 Poland (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Soap In Bars Imports

Imports into Spain

In 2021, purchases abroad of soap and organic surface-active products in bars decreased by -4.6% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a pronounced downturn. The growth pace was the most rapid in 2019 when imports increased by 115%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, soap in bars imports rose markedly to $X in 2021. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of soap in bars imports to Spain, together comprising 66% of total imports. These countries were followed by France, Turkey, China, the UK, Colombia, Israel, Portugal, Poland, Belgium and Mexico, which together accounted for a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Colombia (with a CAGR of +43.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in bars suppliers to Spain were the Netherlands ($X), Germany ($X) and France ($X), with a combined 67% share of total imports. These countries were followed by Italy, Turkey, Portugal, China, Colombia, Poland, the UK, Israel, Belgium and Mexico, which together accounted for a further 24%.

Colombia, with a CAGR of +36.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average soap in bars import price amounted to $X per ton, increasing by 13% against the previous year. Over the period under review, the import price recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 92% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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