Key Market Indicators
The country ranked number 123 in 2021, the United States overtook at 531,180 Kilograms. France, Germany and the United Kingdom respectively ranked numbers 2, 3 and 4 in this ranking. Sales of shampoo are projected to reach $12 million by 2026, up 1.4% annually from 2020's figure of $11.2 million. Market growth has been 2% year-on-year, with Japan, the UK and France currently occupying the top three spots in the rankings. Icelandic shampoo exports are projected to decrease from 895 kilograms in 2021 to 574 kilograms by 2026, at an average rate of 7.4% year-on-year. Since 1993, Iceland's supplies have risen 38% year-on-year, with the country currently in 98th place, just behind Rwanda. Germany, Italy and Poland occupy the top three spots. Icelandic shampoo imports are expected to rise from 531,180 kilograms in 2021 to 552,750 kilograms by 2026, at a compound annual growth rate of 0.7%. Since 1993, demand in Iceland has been increasing at 1.2% year-on-year, currently ranking 123rd in the world. The US is in first place, followed by France, Germany and the UK.