Report Update Nov 1, 2024

Azerbaijan - Hair Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in Azerbaijan

The Azerbaijani hair lotion and preparation market surged to $X in 2021, rising by 19% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a resilient expansion. Hair lotion and preparation consumption peaked in 2021 and is expected to retain growth in years to come.

Exports of Hair Lotion and Preparation

Exports from Azerbaijan

Hair lotion and preparation exports from Azerbaijan soared to X tons in 2021, rising by 33% against 2020 figures. In general, exports showed a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 4,743%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, hair lotion and preparation exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 5,811%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Turkey (X tons) was the main destination for hair lotion and preparation exports from Azerbaijan, accounting for a approx. 97% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +74.0%.

In value terms, Turkey ($X) also remains the key foreign market for hair lotion and preparation exports from Azerbaijan.

From 2013 to 2021, the average annual growth rate of value to Turkey stood at +75.2%.

Export Prices by Country

The average hair lotion and preparation export price stood at $X per ton in 2021, remaining constant against the previous year. In general, the export price, however, continues to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 146%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2013 to 2021, the rate of growth in terms of prices for Turkey amounted to +0.7% per year.

Imports of Hair Lotion and Preparation

Imports into Azerbaijan

Hair lotion and preparation imports into Azerbaijan skyrocketed to X tons in 2021, growing by 18% on 2020 figures. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +24.1% against 2016 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 48%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, hair lotion and preparation imports skyrocketed to $X in 2021. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 119%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Russia (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of hair lotion and preparation imports to Azerbaijan, together accounting for 74% of total imports. Iran, Germany, Ukraine, Bulgaria, Spain, Belgium, Poland, Slovenia and Switzerland lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of +173.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of hair lotion and preparation to Azerbaijan, comprising 48% of total imports. The second position in the ranking was taken by Turkey ($X), with a 13% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +40.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+24.9% per year) and Italy (+42.9% per year).

Import Prices by Country

In 2021, the average hair lotion and preparation import price amounted to $X per ton, picking up by 1.5% against the previous year. Overall, the import price posted a strong expansion. The growth pace was the most rapid in 2016 when the average import price increased by 48%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+37.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for hair lotion and preparation in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20421700 - Hair preparations (excluding shampoos, permanent waving and hair straightening preparations, lacquers)

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023