Key Market Indicators
Soap sales are set to reach $89 million by 2026, growing at a rate of 0.3% annually. In 2020, market growth was 4%. Indonesia, Germany and the United Kingdom were the top three countries in terms of sales. Portuguese soap exports are predicted to reach 6.1 million kilograms by 2026, growing at a rate of 2.2% every year. Since 1993, Portuguese supply has grown by 5.7% year on year. Meanwhile, soap imports to Portugal are expected to reach 20 million kilograms by 2026, increasing at a rate of 2.8% on average. Since 1993, Portuguese demand has climbed 8.4% annually. In 2021, Peru overtook Portugal to become the top importer, with 17 million kilograms. The United States, the Czech Republic and Russia followed in second, third and fourth place respectively.