Key Market Indicators
Mexico was number 2 in 2018, Spain overtook at 28,518,000 Kilograms. The United States, the United Kingdom and Spain respectively came in numbers 1, 3 and 4 in this ranking. Soap sales are projected to reach $223 million by 2026, up 0.1% annually on average since 2020. Indonesia, Germany, and the United Kingdom ranked second, third, and fourth in the same year. In Mexico, soap imports are expected to total 54 million kilograms by 2026, up 3.3% annually on average since 2021. Since 1995, demand has risen 8.2% year-over-year, and the country is the fifth-largest importer. The United States, the Czech Republic, and Russia are the second, third, and fourth biggest consumers, respectively. In 2018, Mexican soap exports totaled 27 million kilograms, down 5.1% from 2017. Since 1995, supply has decreased 16.6% annually. Mexico was the second-largest exporter, with Spain taking the top spot at 28 million kilograms. The United States, the United Kingdom, and Spain followed in third, fourth, and fifth place, respectively.
