Key Market Indicators
The country ranked as number 3 in 2021, Germany came ahead at 116,920,000 Kilograms. Germany, the Czech Republic and India respectively were numbers 2, 3 and 4 in this ranking. Sales of soap are expected to reach nearly $71 million by 2026, driven by a 0.6% annual growth rate on average. This is slightly higher than the overall market growth of 2.4% year-on-year. Indonesia, Germany and the United Kingdom ranked second, third and fourth over the same period. Czech imports of soap are projected to increase to 122 million kilograms by 2026, with a year-on-year growth rate of 4.9%. Since 1998, demand has grown by 21.2%. In 2021, the United States was the leading importer of soap, followed by the Czech Republic and Russia. Czech exports of soap are expected to reach 152 million kilograms by 2026, with a year-on-year growth rate of 4.4%. Since 1998, supply has grown by 22.2%. In 2021, Germany was the leading exporter of soap, followed by the Czech Republic and India.