Key Market Indicators
Soap sales are expected to reach nearly $2 million by 2026, a 0.4% increase year on year. This follows a 0.4% decrease in the market in 2020. Indonesia, Germany and the United Kingdom ranked second, third and fourth respectively. Belizean soap exports are predicted to drop 9.1% year on year by 2026, down from 55,650 kilograms in 2021. Since 1997, the country's supply has fallen by 21.2%. Belizean soap imports, however, are expected to remain stable, with an average rate of 851,710 kilograms by 2026. This is despite a 5.4% decrease since 1997. Niger overtook Belize as the number 113 ranked country in 2021. The United States, the Czech Republic and Russia ranked second, third and fourth respectively.
