The soap market size per capita in Ethiopia increased from $2.19 in 2013 to $3.31 in 2023, demonstrating a growth trend. From 2022 to 2023, there was a rise of approximately 1.85%, and an average annual growth (CAGR) of 2.52% over the last five years. This signifies a steady demand increase for soap in the Ethiopian market.
Looking forward, key trends to watch include the impact of urbanization and population growth on soap consumption, increased local production capabilities, and potential shifts in consumer preferences towards eco-friendly products. Monitoring economic conditions and changes in disposable income will also be crucial for future forecasts.
# | 52 Countries | US Dollars Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 Australia | 36.59 | 2023 | View data | ||
2 | 2 Norway | 30.26 | 2023 | View data | ||
3 | 3 Canada | 28.93 | 2023 | View data | ||
4 | 4 Guatemala | 26.94 | 2023 | View data | ||
5 | 5 Netherlands | 21.39 | 2023 | View data | ||
46 | 46 Honduras | 5.06 | 2023 | View data | ||
47 | 47 Togo | 3.68 | 2023 | View data | ||
48 | 48 Ethiopia | 3.31 | 2023 | |||
49 | 49 Philippines | 3.29 | 2023 | View data | ||
50 | 50 Mexico | 2.23 | 2023 | View data | ||