Between 2013 and 2023, the Solid Soap market in Namibia exhibited a gradual increase in value per capita, peaking at $4.96 in 2017, followed by a decline and subsequent stabilization. By 2023, the value stood at $4.48 per capita. The market experienced a 0.22% increase from 2022 to 2023, while the previous year saw no change. Over the past five years, the Compound Annual Growth Rate (CAGR) was 0.05%, indicating a relatively stable market in recent years.
Future trends to monitor include shifts in consumer behavior towards sustainable and eco-friendly products, and the impact of economic conditions on consumer purchasing power, which could influence market growth and value per capita. Additionally, any changes in import policies or local production capabilities could significantly affect market dynamics.
| # | 46 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Bahrain | 16.82 | 2023 | View data | ||
| 2 | 2 Iceland | 16 | 2023 | View data | ||
| 3 | 3 Australia | 14.92 | 2023 | View data | ||
| 4 | 4 Saudi Arabia | 13.11 | 2023 | View data | ||
| 5 | 5 Austria | 12.81 | 2023 | View data | ||
| 28 | 28 Paraguay | 4.67 | 2023 | View data | ||
| 29 | 29 Spain | 4.65 | 2023 | View data | ||
| 30 | 30 Namibia | 4.48 | 2023 | |||
| 31 | 31 Honduras | 4.01 | 2023 | View data | ||
| 32 | 32 Chile | 4.01 | 2023 | View data | ||
