Key Market Indicators
The country ranked number 112 in 2021, Norway came ahead with 1,223,200 Kilograms. The United States, the Netherlands and Lithuania respectively were numbers 2, 3 and 4 in this ranking. Soap sales are anticipated to drop by 0.2% year on year on average, reaching $5.99 million by 2026 from $6.04 million in 2020. The market has seen an average growth of 2.4% year on year since 1999. Indonesia, Germany and the United Kingdom ranked second, third and fourth respectively in this ranking. Latvian soap imports are expected to rise 1.1% year on year on average, reaching 1.3 million kilograms by 2026 from 1.22 million kilograms in 2021. Since 1999, Latvian demand has increased 7.2% year on year. In 2021, Mauritius took the lead with 1.22 million kilograms, while Latvia was ranked 104th. The United States, the Czech Republic and Russia took second, third and fourth place respectively in this ranking. Latvian soap exports are projected to grow 2.4% year on year on average, reaching 764,000 kilograms by 2026 from 662,060 kilograms in 2021. Since 1999, Latvian supply has increased 6.9% year on year. Norway topped the 2021 ranking with 1.22 million kilograms, while Latvia was ranked 112th. The United States, the Netherlands and Lithuania placed second, third and fourth respectively in this ranking.
