Key Market Indicators
The country ranked number 6 in 2021, Austria overtook at 3,382,600 Kilograms. The United States, Germany and the Netherlands respectively were numbers 2, 3 and 4 in this ranking. Soap sales are expected to rise to $26.3 million by 2026 from $26.1 million in 2020, a growth rate of 0.1% per year on average. Since 2001, the market has decreased by 0.1% annually. Indonesia, Germany and the United Kingdom came in second, third and fourth in this ranking, respectively. Bulgarian soap import is projected to reach 6.2 million kilograms by 2026 from 5.9 million kilograms in 2021, an increase of 0.9% per year on average. Since 2001, Bulgarian demand has risen by 1.1% each year. The country was in 57th place in 2021, with Algeria surpassing it at 5.9 million kilograms. The United States, the Czech Republic and Russia were numbers 2, 3 and 4 in this ranking, respectively. Bulgarian soap exports are expected to reach 3.8 million kilograms by 2026 from 3.4 million kilograms in 2021, increasing by 1.8% per year on average. Since 2001, Bulgarian supply has grown by 1.3% annually. The country was in sixth place in 2021, with Austria overtaking it at 3.4 million kilograms. The United States, Germany and the Netherlands were numbers 2, 3 and 4 in this ranking, respectively.