Ukraine: Soap In Bars Market 2023

Soap In Bars Market Size in Ukraine

In 2021, the Ukrainian soap in bars market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption continues to indicate a abrupt slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Soap In Bars Production in Ukraine

In value terms, soap in bars production stood at $X in 2021 estimated in export price. Overall, production saw a deep reduction. The pace of growth was the most pronounced in 2017 when the production volume increased by 14%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Soap In Bars Exports

Exports from Ukraine

Soap in bars exports from Ukraine reduced to X tons in 2021, declining by -11.7% compared with the year before. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 49% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, soap in bars exports shrank to $X in 2021. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons), Moldova (X tons) and Belarus (X tons) were the main destinations of soap in bars exports from Ukraine, together comprising 43% of total exports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +61.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Moldova ($X) and Belarus ($X) appeared to be the largest markets for soap in bars exported from Ukraine worldwide, with a combined 42% share of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +65.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average soap in bars export price amounted to $X per ton, increasing by 2.6% against the previous year. Overall, the export price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2017 an increase of 12% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Tajikistan ($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 (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Soap In Bars Imports

Imports into Ukraine

In 2021, approx. X tons of soap and organic surface-active products in bars were imported into Ukraine; with an increase of 4% compared with the previous year. Over the period under review, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2016 with an increase of 27%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, soap in bars imports surged to $X in 2021. Overall, imports, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 23% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest soap in bars supplier to Ukraine, accounting for a 38% share of total imports. Moreover, soap in bars imports from Malaysia exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The UK (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia amounted to +169.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.3% per year) and the UK (+12.5% per year).

In value terms, Malaysia ($X), Germany ($X) and the UK ($X) appeared to be the largest soap in bars suppliers to Ukraine, together comprising 59% of total imports.

Malaysia, with a CAGR of +125.7%, saw 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, growing by 11% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+7.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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