Key Market Indicators
The country was number 16 in 2021, the United States overtook at 31,490,000 Kilograms. India, the United Kingdom and Italy respectively ranked numbers 2, 3 and 4 in this ranking. Sales of soap are forecast to reach $211 million by 2026, up from $185 million in 2020. This represents an annual growth rate of 2.3%. The market saw a 7.7% year-on-year increase in 2020, with Indonesia, Germany and the United Kingdom ranking 2nd, 3rd and 4th respectively. South African soap imports are expected to reach 24 million kilograms in 2026, up from 20 million kilograms in 2021. This translates to an average annual growth rate of 3.3%. Since 2005, South African demand has increased by 7.8% year-on-year. In 2021, Italy overtook the country to become the 18th largest importer, with 20 million kilograms. The United States, Czech Republic and Russia took the top three spots in the ranking. South African soap exports are set to reach 35 million kilograms by 2026, up from 31 million kilograms in 2021. This corresponds to a compound annual growth rate of 1.8%. Since 2005, South African supply has grown by 2.9% year-on-year. In 2021, the United States overtook South Africa to become the 16th largest exporter, with 31 million kilograms. India, the United Kingdom and Italy took the top three spots in the ranking.
