Philippines - Soap And Organic Surface-Active Products In Bars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoap in Bars Price in the Philippines - 2023
Contents:
- Soap in Bars Price in the Philippines (CIF) - 2022
- Soap in Bars Price in the Philippines (FOB) - 2022
- Soap in Bars Imports in the Philippines
- Soap in Bars Exports in the Philippines
Soap in Bars Price in the Philippines (CIF) - 2022
The average soap in bars import price stood at $1,834 per ton in 2022, rising by 2% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 12% against the previous year. The import price peaked at $1,961 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,560 per ton), while the price for Taiwan (Chinese) ($758 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Soap in Bars Price in the Philippines (FOB) - 2022
The average soap in bars export price stood at $3,348 per ton in 2022, surging by 24% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soap in bars export price increased by +67.6% against 2016 indices. The pace of growth was the most pronounced in 2019 an increase of 25% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($6,427 per ton), while the average price for exports to Malaysia ($976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Soap in Bars Imports in the Philippines
Soap in bars imports into the Philippines surged to 37K tons in 2022, increasing by 19% compared with 2021 figures. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period.
In value terms, soap in bars imports skyrocketed to $68M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Soap in Bars in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.7 | 13.0 | 9.9 | 13.2 | 1.3% |
Indonesia | 6.6 | 9.4 | 7.0 | 11.4 | 20.0% |
Thailand | 9.6 | 11.4 | 9.2 | 10.7 | 3.7% |
United States | 4.7 | 6.7 | 7.9 | 8.1 | 19.9% |
Germany | 5.8 | 1.0 | 0.3 | 7.8 | 10.4% |
Malaysia | 4.3 | 6.6 | 5.6 | 5.4 | 7.9% |
Vietnam | 0.8 | 1.8 | 3.4 | 3.1 | 57.1% |
Netherlands | 3.0 | 5.1 | 6.5 | 0.3 | -53.6% |
Others | 6.1 | 5.3 | 5.9 | 7.7 | 8.1% |
Total | 53.6 | 60.2 | 55.6 | 67.6 | 8.0% |
Top Suppliers of Soap in Bars to the Philippines in 2022:
- Indonesia (11.2K tons)
- China (8.9K tons)
- Vietnam (3.9K tons)
- United States (3.0K tons)
- Germany (2.9K tons)
- Malaysia (2.3K tons)
- Thailand (2.3K tons)
- Netherlands (0.1K tons)
Soap in Bars Exports in the Philippines
After three years of growth, shipments abroad of soap and organic surface-active products in bars decreased by -10% to 7.9K tons in 2022. The total export volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. As a result, the exports attained the peak of 8.8K tons, and then declined in the following year.
In value terms, soap in bars exports rose sharply to $26M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Soap in Bars in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 4.7 | 8.5 | 7.0 | 9.0 | 24.2% |
Singapore | 0.6 | 0.8 | 1.9 | 3.1 | 72.9% |
United Arab Emirates | 1.7 | 1.3 | 1.4 | 2.7 | 16.7% |
Vietnam | 1.9 | 1.6 | 2.6 | 2.4 | 8.1% |
Thailand | 2.2 | 1.5 | 2.1 | 2.2 | 0.0% |
Saudi Arabia | 0.7 | 1.1 | 2.7 | 0.9 | 8.7% |
Malaysia | 0.5 | 0.2 | 1.1 | 0.7 | 11.9% |
Others | 3.3 | 3.9 | 4.9 | 5.5 | 18.6% |
Total | 15.6 | 19.0 | 23.8 | 26.5 | 19.3% |
Top Export Markets for Soap in Bars from the Philippines in 2022:
- Indonesia (1403.6 tons)
- United Arab Emirates (1328.0 tons)
- Vietnam (1043.0 tons)
- Singapore (979.5 tons)
- Thailand (931.0 tons)
- Malaysia (703.7 tons)
- Saudi Arabia (297.9 tons)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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