Key Market Indicators
Soap sales are projected to reach nearly $500 million by 2026, growing at an average of 2% year-on-year. Market growth was 0.9% in 2020. Indonesia, Germany and the United Kingdom were the top three countries in terms of sales. Saudi soap exports are expected to reach 44 million kilograms by 2026, growing at 1.9% year-on-year on average. Since 1996, Saudi supply had grown at a rate of 1.1% annually. Saudi soap imports are forecast to reach 48 million kilograms by 2026, increasing by 2.9% year-on-year. Since 1996, Saudi demand had grown at 5.4% year-on-year. The country was ranked seventh in 2021, with France taking the lead at 40.7 million kilograms. The United States, the Czech Republic and Russia were the second, third and fourth largest importers, respectively.