Australia: Shaving Preparations Market 2024

Shaving Preparations Market Size in Australia

In 2021, after two years of decline, there was growth in the Australian shaving preparations market, when its value increased by 0.7% to $X. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -19.4% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Shaving Preparations Production in Australia

In value terms, shaving preparations production fell slightly to $X in 2021 estimated in export price. Overall, production enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 162%. Shaving preparations production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Shaving Preparations Exports

Exports from Australia

After three years of decline, shipments abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) increased by 0.7% to X tons in 2021. Over the period under review, exports recorded a strong increase. The growth pace was the most rapid in 2016 when exports increased by 204% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, shaving preparations exports skyrocketed to $X in 2021. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 62% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

New Zealand (X tons), South Korea (X tons) and Japan (X tons) were the main destinations of shaving preparations exports from Australia, together accounting for 62% of total exports. China, India, Singapore, Hong Kong SAR and Taiwan (Chinese) lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +55.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Japan ($X) and South Korea ($X) were the largest markets for shaving preparations exported from Australia worldwide, together comprising 69% of total exports. These countries were followed by China, Singapore, India, Hong Kong SAR and Taiwan (Chinese), which together accounted for a further 22%.

India, with a CAGR of +65.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average shaving preparations export price stood at $X per ton in 2021, growing by 20% against the previous year. In general, the export price, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2015 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was New Zealand ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Shaving Preparations Imports

Imports into Australia

In 2021, imports of pre-shave, shaving and after-shave preparations (excluding soap in blocks) into Australia amounted to X tons, with an increase of 4.4% against the previous year's figure. Overall, imports, however, saw a noticeable slump. The growth pace was the most rapid in 2017 when imports increased by 16%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, shaving preparations imports expanded rapidly to $X in 2021. In general, imports, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2017 when imports increased by 21%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Thailand (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of shaving preparations imports to Australia, with a combined 71% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +76.8%), while purchases for the other leaders experienced a decline.

In value terms, Thailand ($X), the United States ($X) and the UK ($X) were the largest shaving preparations suppliers to Australia, together accounting for 58% of total imports.

Thailand, with a CAGR of +73.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average shaving preparations import price stood at $X per ton in 2021, with an increase of 6% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 37% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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