The soap market in Estonia valued at 7.632 million USD in 2023 has seen a fluctuating trend over the past decade. From 2013's peak at 12.717 million USD, there has been a general decline with occasional positive spurts, such as in 2019. The recent year-on-year decline is around 2.43%, with a 5-year average negative CAGR of 0.14%, indicating a cooling market.
Future trends to watch for include:
- Shifts towards eco-friendly and organic products which could rejuvenate market interest.
- Digitalization of supply chains contributing to efficiency and cost management.
- Potential incremental growth driven by increased consumer health awareness post-pandemic.
| # | 52 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 1,657,200,000 | 2023 | +4.14% | +5.44% | View data |
| 2 | 2 United Kingdom | 1,148,200,000 | 2023 | -0.26% | +0.39% | View data |
| 3 | 3 Germany | 1,113,300,000 | 2023 | +0.59% | -0.38% | View data |
| 4 | 4 France | 1,070,200,000 | 2023 | -0.84% | -1.46% | View data |
| 5 | 5 Canada | 1,029,900,000 | 2023 | -1.1% | -1.46% | View data |
| 49 | 49 Cyprus | 14,961,000 | 2023 | +5.1% | +1.16% | View data |
| 50 | 50 Montenegro | 9,447,400 | 2023 | -0.14% | -1.09% | View data |
| 51 | 51 Estonia | 7,632,000 | 2023 | -2.43% | -0.14% | |
| 52 | 52 Malta | 4,615,700 | 2023 | -1.3% | -1.06% | View data |
