Soap In Bars Market Overview in the Czech Republic
In value terms, soap in bars production amounted to $24M in 2010 estimated in export prices. Over the period under review, soap in bars production continues to indicate an abrupt curtailment. The pace of growth was the most pronounced in 2009 when production volume decreased by -8.9% y-o-y. Over the period under review, soap in bars production attained its peak figure level at $40M in 2007; however, from 2008 to 2010, production failed to regain its momentum.
The revenue of the soap in bars market in the Czech Republic amounted to $39M in 2010, shrinking by -17.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total market indicated strong growth from 2007 to 2010: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2010 figures, soap in bars consumption increased by +34.0% against 2007 indices. The pace of growth appeared the most rapid in 2009 with an increase of 31% year-to-year. In that year, the soap in bars market reached its peak level of $47M, and then declined slightly in the following year.
From 2007 to 2010, the most notable rate of growth in terms of soap in bars consumption, amongst the main consumed products, was attained by soap in bars for toilet use.
In value terms, the most traded types of soap and organic surface-active products in bars in the Czech Republic were soap and organic surface-active products in bars for toilet use ($30M) and soap and organic surface-active products in bars other than for toilet use ($19M).
In terms of the main consumed products, soap in bars for toilet use experienced the highest rates of growth with regard to market size, over the period under review.