T-info
T-discovery
My
Tendata
Market Analysis
Customer
Development
Competitor
Monitoring
Customer Relationship
Export News
10-10-2024
In 2023, the total global sales of soap exports from all nations reached US$15 billion.
This marks a 26.8% increase in the value of soap exports compared to five years ago in 2019, when shipments were valued at $11.8 billion. However, on a year-over-year basis, there was a slight decline of -0.2% in soap exports compared to $15.02 billion in 2022.
The leading five exporters of soap are Germany, mainland China, the United States, Indonesia, and France. Together, these key suppliers accounted for 37% of total global soap export revenues in 2023.
When looking at the export figures by continent, European suppliers generated the highest revenue from soap exports, amounting to $6.4 billion, which is approximately 42.5% of the worldwide total. Asia followed closely with 35.5%, while North America contributed 13%. Smaller shares came from Latin America (4%), excluding Mexico but including the Caribbean, as well as Africa (4.2%) and Oceania (0.8%), with Australia and New Zealand leading in that region.
For classification purposes, the 4-digit Harmonized Tariff System (HTS) code for soap is 3401. This code encompasses both bar and liquid soaps, in addition to organic surface-active products and preparations.
Soap Exports by Country
Here are the 15 countries that exported the highest dollar value of soap in 2023:
1. Germany: US$1.3 billion (8.7% of total soap exports)
2. Mainland China: $1.23 billion (8.2%)
3. United States: $1.16 billion (7.7%)
4. Indonesia: $940.5 million (6.3%)
5. France: $899.7 million (6%)
6. Poland: $844.8 million (5.6%)
7. Italy: $786 million (5.2%)
8. Malaysia: $536.3 million (3.6%)
9. Türkiye: $519.1 million (3.5%)
10. Netherlands: $493.2 million (3.3%)
11. Japan: $472.8 million (3.2%)
12. United Kingdom: $455.4 million (3%)
13. Mexico: $400.8 million (2.7%)
14. Canada: $392.3 million (2.6%)
15. South Korea: $367.1 million (2.4%)
The combined exports from these 15 countries constituted 72.1% of the total soap exports worldwide in 2023.
Among the leading exporters, the fastest-growing soap markets since 2022 included France (up 19.3%), mainland China (up 17.8%), South Korea (up 16.9%), and Poland (up 15%). Conversely, some countries experienced declines in their soap exports, including Japan (down -22.5%), Malaysia (down -11.4%), Germany (down -4.8%), the United Kingdom (down -3.6%), and Mexico (down -2.1%).
Soap Exporting Companies in 2023
Here's a list of notable global soap manufacturers that are key players in the international soap trade:
1. THE HIMALAYA DRUG COMPANY: 32.98%, $1,264.87 million
2. PT MEGA PROSINDO: 6.95%, $266.43 million
3. PT WILMAR NABATI INDONESIA: 2.61%, $100.23 million
4. JACKSON INDUSTRIES INDIA: 2.57%, $98.62 million
5. COLGATE PALMOLIVE: 2.07%, $79.33 million
6. PT TANIMAS SOAP INDUSTRIES: 1.91%, $73.33 million
7. PT MUSIM MAS: 1.85%, $71.08 million
8. PT SARI DUMAI OLEO: 1.7%, $65.33 million
9. STE CAM DE RAF MAYA AND CIE: 1.61%, $61.82 million
10. WIPRO ENTERPRISES PRIVATE LIMITED: 1.34%, $51.55 million
These companies play a significant role in the global soap export market, showcasing the diversity and competitiveness of the industry.
>>>Contact Tendata Now<<<
What Can Tendata Mainly Do to Help Our Customers?
· Market Analysis: By integrating the three major databases globally and analyzing the main import and export countries, we provide a detailed display of the distribution of over 10 billion trade data and accurate analysis of the global target import and export countries, import and export customs details, and the market environment of target countries (>>>Click for Market Analysis<<<).
· Customer Development: With over 180 million global enterprise information, we enable you to quickly find precise buyers and suppliers. With 10 billion data rolling daily, we can quickly and intelligently filter out contact information for 121 million executives and decision-makers, including email addresses, phone numbers, and social media profiles, while synchronizing company yellow pages, product images, and website links. Additionally, we provide potential customers such as factories, distributors, engineering companies, and shopping malls along the supply chain (>>>Click for Customer Development<<<).
In the past, Tendata has been invited to attend numerous major events such as the China International Import Export, the Belt and Road Summit, and the China Enterprise Digital Transformation CIO Summit, and has hosted many enterprise salon sharing sessions. In the future, Tendata will continue to adhere to the customer-centric cooperation concept, striving for continuous technological innovation, enhancing its brand influence, and providing high-quality services to more industry customers.
>>>Request Demo from Tendata<<<
Category
Leave Message for Demo Request or Questions
