Key Market Indicators
The country came in number 95 in 2021, Honduras came ahead at 168,480 Kilograms. The Netherlands, the United Kingdom and the United States respectively ranked numbers 2, 3 and 4 in this ranking. Soap sales are projected to reach around $15 million by 2026, a slight decrease from $15.3 million in 2020. On average, the market has declined by 0.2% year-on-year, with a 0.9% decrease in the same period. Indonesia, Germany and the United Kingdom took the second, third and fourth spots in the rankings. Bosnian soap imports are expected to reach 2.1 million kilograms by 2026, a 1.1% year-on-year increase from 1.9 million kilograms in 2021. Since 2008, demand for Bosnian soap has risen 1.3% year-on-year, with the country ranking 90th in 2021. Burkina Faso was ahead in the rankings, followed by the United States, the Czech Republic and Russia. Bosnian soap exports are projected to reach 183,750 kilograms by 2026, a 1.6% average year-on-year increase from 168,480 kilograms in 2021. Since 2008, the supply of Bosnian soap has dropped 6.2% year-on-year, with the country ranking 95th in 2021. Honduras was ahead in the rankings, followed by the Netherlands, the United Kingdom and the United States.
