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Dominican Republic - Soap - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoap Price in the Dominican Republic - 2023
Contents:
- Soap Price in the Dominican Republic (FOB) - 2023
- Soap Price in the Dominican Republic (CIF) - 2022
- Soap Exports in the Dominican Republic
- Soap Imports in the Dominican Republic
Soap Price in the Dominican Republic (FOB) - 2023
The average soap export price stood at $2,016 per ton in March 2023, rising by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in April 2022 an increase of 25% m-o-m. Over the period under review, the average export prices attained the peak figure in March 2023.
Average prices varied noticeably for the major foreign markets. In March 2023, the country with the highest price was Haiti ($2,026 per ton), while the average price for exports to the United States stood at $1,923 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+2.2%).
Soap Price in the Dominican Republic (CIF) - 2022
In 2022, the average soap import price amounted to $2,774 per ton, increasing by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. Over the period under review, average import prices hit record highs at $3,239 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,571 per ton), while the price for China ($890 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Soap Exports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of soap, when their volume decreased by -34.3% to 11K tons. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 131%.
In value terms, soap exports fell to $19M in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year.
Export of Soap in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 2.9 | 6.2 | 14.8 | 13.4 | 66.6% |
United States | 4.5 | 8.1 | 4.6 | 4.7 | 1.5% |
Others | 0.4 | 1.1 | 0.5 | 0.6 | 14.5% |
Total | 7.8 | 15.4 | 20.0 | 18.8 | 34.1% |
Top Export Markets for Soap from the Dominican Republic in 2022:
- Haiti (8.0K tons)
- United States (2.4K tons)
Soap Imports in the Dominican Republic
Soap imports into the Dominican Republic skyrocketed to 10K tons in 2022, rising by 17% against the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, soap imports surged to $28M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Soap in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 5.8 | 6.7 | 6.0 | 9.3 | 17.0% |
United States | 4.4 | 3.8 | 4.2 | 5.5 | 7.7% |
Mexico | 2.4 | 2.5 | 2.6 | 2.7 | 4.0% |
Turkey | 0.2 | 0.9 | 1.1 | 2.0 | 115.4% |
Spain | 1.2 | 1.5 | 1.4 | 2.0 | 18.6% |
China | 1.1 | 0.6 | 1.2 | 1.6 | 13.3% |
Honduras | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
Costa Rica | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
Others | 2.6 | 1.8 | 2.4 | 3.9 | 14.5% |
Total | 18.1 | 18.4 | 19.2 | 27.6 | 15.1% |
Top Suppliers of Soap to the Dominican Republic in 2022:
- Guatemala (3.1K tons)
- China (1.8K tons)
- United States (1.2K tons)
- Spain (0.9K tons)
- Mexico (0.8K tons)
- Turkey (0.7K tons)
- Costa Rica (0.3K tons)
- Honduras (0.1K tons)
This report provides an in-depth analysis of the soap market in the Dominican Republic. 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 20413120 - Soap and organic surface-active products in bars, etc., n.e.c.
- Prodcom 20413150 - Soap in the form of flakes, wafers, granules or powders
- Prodcom 20413180 - Soap in forms excluding bars, cakes or moulded shapes, p aper, wadding, felt and non-wovens impregnated or coated with soap/detergent, flakes, granules or powders
- Prodcom 20421915 - Soap and organic surface-active products in bars, etc., for toilet use
- Prodcom 20421930 - Organic surface-active products and preparations for washing the skin, whether or not containing soap, p.r.s.
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- 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
This report provides an in-depth analysis of the soap market in the Dominican Republic.
This report provides an in-depth analysis of the market for soap in bars other than for toilet use in the Dominican Republic.
This report provides an in-depth analysis of the market for soap in bars for toilet use in the Dominican Republic.
This report provides an in-depth analysis of the market for skin organic surface-active products in the Dominican Republic.
This report provides an in-depth analysis of the soap in bars market in the Dominican Republic.
This report provides an in-depth analysis of the market for soap in different forms in the Dominican Republic.
This report provides an in-depth analysis of the soap and detergent market in the Dominican Republic.
This report provides an in-depth analysis of the global soap market.
This report provides an in-depth analysis of the global market for soap in bars other than for toilet use.
This report provides an in-depth analysis of the global market for soap in bars for toilet use.
Discover the top import markets for soap and their key statistics. Get insights into the soap import values of leading countries like China, the United States, and Germany. Explore the global soap market with IndexBox data.
In 2016, the amount of soap imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the peri...
In 2016, the amount of soap imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the peri...
Explore the top import markets for soap in bars for toilet use based on data from IndexBox. Learn about the key countries driving the global demand for soap products.
Explore the top import markets for skin organic surface-active products based on the latest data. China, United States, Canada, Germany, United Kingdom, Netherlands, France, Japan, Singapore, and Poland are among the leading countries in import value.
Explore the top import markets for soap and detergent around the world based on the latest import data. Discover the leading countries importing soap and detergent products.
The pandemic shifted the demand for soap and detergents. Amid the increased market competition and increased environmental concerns, soap manufacturers expand eco-friendly product lines. These shifts are to persist in the medium-to-long term even when the pandemic starts to wane.
Discover the top import markets for soap and their key statistics. Get insights into the soap import values of leading countries like China, the United States, and Germany. Explore the global soap market with IndexBox data.
In 2016, the amount of soap imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the peri...
In 2016, the amount of soap imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the peri...