Key Market Indicators
Colombia was the number 3 for 2021, dropping from number 2 in 2020. The United States, Brazil and Mexico respectively were numbers 1, 2 and 3 in this ranking. Soap sales are forecast to reach $153 million by 2026, down 0.8% from 2020. The market declined by 1.4% year on year. Indonesia, Germany and the United Kingdom were ranked 2nd, 3rd and 4th respectively. Colombian soap imports are expected to hit 6.9 million kilograms by 2026, up 1.5% year on year since 1996. Colombia was ranked 55th in 2021, after being overtaken by Uruguay. The United States, the Czech Republic and Russia were ranked 2nd, 3rd and 4th respectively. Colombian soap exports are set to decrease by 0.6% year on year to reach 18.7 million kilograms by 2026. Since 1996, Colombian supply has grown by 5.3% year on year. Colombia was ranked 3rd in 2021, down from 2nd in 2020. The United States, Brazil and Mexico were ranked 1st, 2nd and 3rd respectively.
