Key Market Indicators
Burmese soap imports are forecast to reach nearly 10 million kilograms by 2026, up from 8.2 million kilograms in 2021. This would represent an average year-on-year growth rate of 3%. Since 2015, Burmese demand has risen by 13%. In 2021, Burmese demand ranked 43rd globally, overtaken by Chile at 8.2 million kilograms. The United States, the Czech Republic, and Russia held the top 3 spots in the global ranking. Meanwhile, Burmese soap exports are projected to reach around 39,000 kilograms by 2026, down from 62,000 kilograms in 2021. This would equate to an average annual decline of 8%. Since 2016, supply has decreased by 27%.