Australia and Oceania: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in Australia and Oceania

In 2021, after three years of growth, there was significant decline in the hair lotion and preparation market in Australia and Oceania, when its value decreased by -11.7% to $X. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2020, and then shrank in the following year.

Production of Hair Lotion and Preparation in Australia and Oceania

In value terms, hair lotion and preparation production shrank to $X in 2021 estimated in export price. In general, production, however, continues to indicate a measured increase. The growth pace was the most rapid in 2018 when the production volume increased by 97% against the previous year. The level of production peaked at $X in 2020, and then shrank in the following year.

Exports of Hair Lotion and Preparation

Exports in Australia and Oceania

For the third year in a row, Australia and Oceania recorded growth in overseas shipments of hair lotion and preparation, which increased by 32% to X tons in 2021. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hair lotion and preparation exports soared to $X in 2021. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia prevails in exports structure, recording X tons, which was near 92% of total exports in 2021. It was distantly followed by New Zealand (X tons), achieving a 7.5% share of total exports.

Australia was also the fastest-growing in terms of the hair lotion and preparation exports, with a CAGR of +1.9% from 2012 to 2021. New Zealand experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest hair lotion and preparation supplier in Australia and Oceania, comprising 92% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 7.8% share of total exports.

In Australia, hair lotion and preparation exports expanded at an average annual rate of +2.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, with an increase of 3.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by 16%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.9%).

Imports of Hair Lotion and Preparation

Imports in Australia and Oceania

In 2021, purchases abroad of hair lotion and preparation decreased by -8.1% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 16%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, hair lotion and preparation imports surged to $X in 2021. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia was the largest importing country with an import of around X tons, which resulted at 67% of total imports. It was distantly followed by New Zealand (X tons), achieving a 25% share of total imports. The following importers - Fiji (X tons) and New Caledonia (X tons) - each accounted for a 5.8% share of total imports.

Imports into Australia decreased at an average annual rate of -2.0% from 2012 to 2021. At the same time, New Caledonia (+5.5%), Fiji (+4.8%) and New Zealand (+2.4%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.5% from 2012-2021. While the share of New Zealand (+6.3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-8.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported hair lotion and preparation in Australia and Oceania, comprising 76% of total imports. The second position in the ranking was held by New Zealand ($X), with a 21% share of total imports. It was followed by New Caledonia, with a 1.9% share.

In Australia, hair lotion and preparation imports increased at an average annual rate of +5.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+2.3% per year) and New Caledonia (+6.9% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, rising by 30% against the previous year. Import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hair lotion and preparation import price increased by +101.1% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+7.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform