Key Market Indicators
Global soap sales are projected to reach $225 million by 2026, a 1% year-on-year growth rate, up from $212 million in 2020. The market had grown 2.6% annually since 1994. Indonesia, Germany and the United Kingdom came in at numbers 2, 3 and 4 in this ranking. Spanish soap exports are expected to reach 25 million kilograms by 2026, a 2.5% year-on-year growth rate, up from 21.9 million kilograms in 2021. Since 1994, Spanish supply has increased 6.2% annually. Spanish soap imports are projected to reach 20.6 million kilograms by 2026, a 0.9% year-on-year growth rate, down from 19.5 million kilograms in 2021. Since 1994, Spanish demand has decreased 0.9% annually. The country fell to number 19 in 2021, with South Africa overtaking it at 19.5 million kilograms. The United States, the Czech Republic and Russia came in at numbers 2, 3 and 4 in this ranking.
