Key Market Indicators
Soap sales are forecast to reach $62.3 million by 2026, an increase of 0.6% year-on-year on average. In 2020, the market was down 1.1% compared to the previous year. Indonesia, Germany and the United Kingdom placed second, third and fourth respectively in the rankings. Irish soap exports plunged by 49.7% in 2021, amounting to 138,530 kilograms, compared to 275,160 kilograms in 2020. Since 1997, Irish supply has decreased by 41.6% year-on-year. Irish soap imports are forecast to reach 8.8 million kilograms by 2026, with a 0.8% year-on-year growth rate. Since 1997, Irish demand has declined 3.4% year-on-year. In 2021, Indonesia topped the rankings with 8.4 million kilograms, followed by the United States, the Czech Republic and Russia.
