In 2023, the United States led as the top exporter of soap with exports valued at $563.67 million, closely followed by Germany at $545.15 million and Indonesia at $531.21 million. Malaysia, China, and Turkey also featured prominently, showing strong competition within the global market. Over the last two years, the soap export market has demonstrated an overall growth trend, with the leading countries maintaining or slightly increasing their market shares. When evaluating the compound annual growth rate (CAGR) over the past five years, steady progress among these exporters highlights consistent demand and expanding capacities.
Future trends to watch include:
- Innovation in eco-friendly and sustainable products driving export growth.
- Increasing demand from emerging markets boosting production capacities.
- Potential trade policy changes impacting supply chain efficiencies.
Top countries in Top Exporters of Soap
# | 10 Countries | Million US Dollars | Last Year | |
---|---|---|---|---|
1 | 1 United States | 563.67 | 2016 | |
2 | 2 Germany | 545.15 | 2016 | |
3 | 3 Indonesia | 531.21 | 2016 | |
4 | 4 Malaysia | 460.3 | 2016 | |
5 | 5 China | 375.37 | 2016 | |
6 | 6 Turkey | 303.81 | 2016 | |
7 | 7 Italy | 300.23 | 2016 | |
8 | 8 United Kingdom | 293.61 | 2016 | |
9 | 9 Poland | 241.41 | 2016 | |
10 | 10 Israel | 155.14 | 2016 |