Australia: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in Australia

In 2022, the Australian market for shampoos, hair lacquers and other preparations was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, showed a mild reduction. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in Australia

In value terms, production of shampoos, hair lacquers and other preparations reduced to $X in 2022 estimated in export price. In general, production saw a mild decline. The pace of growth appeared the most rapid in 2018 with an increase of 294% against the previous year. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Australia

In 2022, after two years of growth, there was significant decline in overseas shipments of shampoos, hair lacquers and other preparations, when their volume decreased by -11.1% to X tons. The total export volume increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, exports of shampoos, hair lacquers and other preparations contracted slightly to $X in 2022. Over the period under review, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.7% against 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

New Zealand (X tons), China (X tons) and the United States (X tons) were the main destinations of exports of shampoos, hair lacquers and other preparations from Australia, with a combined 66% share of total exports. The Netherlands, Hong Kong SAR, the UK, Singapore, Taiwan (Chinese), Japan, South Korea and the Philippines lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +34.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for shampoo, hair lacquer and other preparations exported from Australia were New Zealand ($X), the United States ($X) and China ($X), together accounting for 66% of total exports. The Netherlands, Hong Kong SAR, Singapore, Japan, South Korea, the UK, Taiwan (Chinese) and the Philippines lagged somewhat behind, together comprising a further 25%.

The Netherlands, with a CAGR of +38.5%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 export price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, surging by 8.6% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for shampoos, hair lacquers and other preparations increased by +66.4% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 19% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Australia

In 2022, after five years of decline, there was significant growth in overseas purchases of shampoos, hair lacquers and other preparations, when their volume increased by 40% to X tons. In general, imports recorded a relatively flat trend pattern. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations rose remarkably to $X in 2022. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Thailand (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of imports of shampoos, hair lacquers and other preparations to Australia, together accounting for 60% of total imports. China, the UK, Germany, Spain, France, Belgium, the Netherlands, India, Canada and Malaysia lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +8.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Thailand ($X) and Italy ($X) appeared to be the largest shampoo, hair lacquer and other preparations suppliers to Australia, together comprising 60% of total imports. China, the UK, Germany, Spain, Belgium, France, the Netherlands, India, Canada and Malaysia lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, India, with a CAGR of +12.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, reducing by -21% against the previous year. In general, the import price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 41%. As a result, import price attained the peak level of $X per ton, and then shrank rapidly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($X per ton) and Canada ($X per ton), while the price for the UK ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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