Key Market Indicators
Nigerian demand for soap is estimated to reach 1.27 million kilograms by 2026, up 3.5% each year on average from 1.03 million kilograms in 2021. Since 2001, demand has increased by 15.9% every year. Meanwhile, Nigerian soap exports are predicted to drop 1.5% year-on-year to 1.37 million kilograms by 2026, from 1.5 million kilograms in 2021. Since 2001, supply has decreased 6.2% annually.