Key Market Indicators
Soap sales are set to reach $601 million by 2026, growing at a rate of 0.5% year on year. This is despite a 1% annual growth in the market. Indonesia, Germany and the United Kingdom are ranked second, third, and fourth, respectively. British soap exports are forecast to reach 52 million kilograms by 2026, dropping by 0.2% year on year. Since 1998, British exports have decreased 2.5% annually on average. British soap imports are expected to reach 38 million kilograms by 2026, decreasing at an annual rate of 0.6%. Since 1998, British demand for soap has dropped 3.9% per year. In 2021, Britain was the eighth largest importer, with Saudi Arabia coming in at the top with 39 million kilograms. The United States, the Czech Republic, and Russia are ranked second, third, and fourth, respectively.