The solid soap market in Bosnia and Herzegovina demonstrated modest volatility from 2013 to 2023. In 2023, the market stood at $4.74 per capita. Over the past two years, the market showed a slight upward trend, with a 2022 to 2023 increase of 0.42%. Analyzing the past five years, the market's compound annual growth rate (CAGR) was approximately 0.12%, indicating relative stability. This illustrates minor fluctuations, with a low point in 2020, reflective of broader economic conditions.
Future trends to watch include a potential increase in demand for eco-friendly and organic products, potentially driving market growth or diversification as consumer preferences shift toward sustainability. Additionally, monitoring economic recovery and disposable income changes will be crucial for predicting future 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 | ||
| 24 | 24 Albania | 4.97 | 2023 | View data | ||
| 25 | 25 Italy | 4.96 | 2023 | View data | ||
| 26 | 26 Bosnia and Herzegovina | 4.74 | 2023 | |||
| 27 | 27 Greece | 4.68 | 2023 | View data | ||
| 28 | 28 Paraguay | 4.67 | 2023 | View data | ||
