Key Market Indicators
Sales of deodorant are expected to reach around $67 million by 2026, up from $60.5 million in 2020, growing at an average annual rate of 1.8%. The market has risen 3.5% year on year. The United Kingdom, Germany and France were the second, third and fourth largest markets respectively. Paraguayan deodorant exports are forecast to reach 17,550 kilograms by 2026, down from 18,650 kilograms in 2021, due to a 1% year on year decline. Since 2006, exports have risen 67.3% year on year. Paraguay ranked 76th in 2021, with Namibia overtaking them. Germany, Italy and Poland were the second, third and fourth largest exporters respectively. Paraguayan deodorant imports are set to reach nearly 3.8 million kilograms by 2026, up from 3.4 million kilograms in 2021, growing at an average rate of 2.2% year on year. Since 1994, imports have increased 3.6% year on year. Paraguay was 39th in 2021, with Switzerland ahead of them. The United Kingdom, Germany and the United States were the second, third and fourth largest importers respectively.
