Key Market Indicators
The country ranked number 1 in 2021, China overtook at 272,770,000 Kilograms. The United States, the Netherlands and Belgium respectively were numbers 2, 3 and 4 in this ranking. Global soap sales are set to reach $540 million by 2026, falling by 0.4% year on year on average. This follows a decline of 5.4% from 2020. Indonesia, Germany and the United Kingdom are the top three countries in the ranking. Indonesian imports of soap will reach 9.4 million kilograms by 2026, growing 1.6% year on year on average. Since 1994, demand for soap in Indonesia has increased 4.4% year on year. Sweden overtook Indonesia to become the top country in 2021. The United States, the Czech Republic and Russia follow in the rankings. Indonesian exports of soap will reach 286.9 million kilograms by 2026, growing 0.9% year on year on average. Since 1994, supply has decreased 3.1% year on year. China overtook Indonesia to become the top country in 2021. The United States, the Netherlands and Belgium follow in the rankings.
