Australia and Oceania: Hair Spray Market 2024

Hair Spray Market Size in Australia and Oceania

The hair spray market in Australia and Oceania fell to $X in 2022, which is down by -4.2% against the previous year. Over the period under review, consumption showed a noticeable setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Hair Spray Production in Australia and Oceania

In value terms, hair spray production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced decline. The pace of growth was the most pronounced in 2018 with an increase of 55% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Hair Spray Exports

Exports in Australia and Oceania

In 2022, after three years of decline, there was significant growth in overseas shipments of hair sprays, when their volume increased by 76% to X tons. In general, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of 121%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hair spray exports rose to $X in 2022. Over the period under review, exports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 275% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, accounting for X tons, which was near 96% of total exports in 2022. New Zealand (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hair spray exports from Australia stood at -9.5%. New Zealand experienced a relatively flat trend pattern. From 2012 to 2022, the share of New Zealand increased by +2.4 percentage points.

In value terms, Australia ($X) remains the largest hair spray supplier in Australia and Oceania, comprising 97% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled -6.5%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, which is down by -41.2% against the previous year. Overall, the export price, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2018 an increase of 257% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.3%).

Hair Spray Imports

Imports in Australia and Oceania

In 2022, hair spray imports in Australia and Oceania rose to X tons, increasing by 3.5% against the year before. Over the period under review, imports, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 30% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, hair spray imports rose sharply to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 14% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Australia was the largest importing country with an import of around X tons, which amounted to 63% of total imports. New Zealand (X tons) held the second position in the ranking, distantly followed by Fiji (X tons). All these countries together held approx. 32% share of total imports. Papua New Guinea (X tons) took a relatively small share of total imports.

Imports into Australia decreased at an average annual rate of -3.4% from 2012 to 2022. At the same time, Papua New Guinea (+7.8%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +7.8% from 2012-2022. New Zealand experienced a relatively flat trend pattern. By contrast, Fiji (-10.4%) illustrated a downward trend over the same period. While the share of New Zealand (+7.2 p.p.) and Papua New Guinea (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-2.9 p.p.) and Fiji (-6.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported hair sprays in Australia and Oceania, comprising 65% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 28% share of total imports. It was followed by Fiji, with a 3.2% share.

From 2012 to 2022, the average annual growth rate of value in Australia was relatively modest. In the other countries, the average annual rates were as follows: New Zealand (+0.5% per year) and Fiji (-9.5% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, picking up by 3.9% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hair spray import price increased by +79.7% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 28%. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :