Key Market Indicators
Soap sales are set to reach over $5.5 million by 2026, a 0.9% annual growth rate since 2020. Market growth over the same period was 4.2%. Indonesia, Germany and the United Kingdom are the second, third, and fourth largest markets for soap sales. Montenegrin soap exports are expected to reach nearly 4,820 kilograms in 2026, a 0.1% growth rate since 2021. Since 2011, exports have increased by almost 15%. Meanwhile, Montenegrin soap imports are expected to reach 684,070 kilograms by 2026, a 1.6% annual growth rate since 2021. Imports have increased by 0.7% since 2011. In 2021, Montenegro was 122nd in the world for imports, with Sri Lanka overtaking it at 621,850 kilograms. The United States, the Czech Republic, and Russia are the second, third, and fourth largest importers of soap.
