Key Market Indicators
The country was number 107 in 2021, Bulgaria overtook with 41,910 Kilograms. The United States, Switzerland and the United Kingdom respectively ranked numbers 1, 2 and 3 in this ranking. Soap sales are expected to reach nearly $5.6 million by 2026, up 1.2% on average year-on-year from the $5.2 million reported in 2020. This growth is higher than the market average of 3.8%. Indonesia, Germany, and the United Kingdom were the top three countries in this ranking. Luxembourg's imports of soap are predicted to reach 819,630 kilograms by 2026, up 1.6% year-on-year from the 747,320 kilograms reported in 2021. Since 2004, demand for soap in Luxembourg has risen 9.3% year-on-year, placing the country at 115th in 2021 with Samoa overtaking. The United States, the Czech Republic, and Russia ranked second, third, and fourth respectively. Luxembourg's exports of soap are predicted to reach 17,990 kilograms by 2026, down 13.9% year-on-year from the 41,910 kilograms reported in 2021. Since 2004, supply of soap in Luxembourg has decreased by 4.6% year-on-year, placing the country at 107th in 2021 with Bulgaria overtaking. The United States, Switzerland, and the United Kingdom occupied the top three spots in this ranking.