Belgium: Market for Preparations For Permanent Waving Or Straightening Of Hair 2024

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in Belgium

The Belgian market for preparations for permanent waving or straightening of hair expanded remarkably to $X in 2021, growing by 13% against the previous year. Over the period under review, consumption, however, continues to indicate a abrupt downturn. Hair waving or straightening preparations consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Preparations For Permanent Waving Or Straightening Of Hair in Belgium

In value terms, hair waving or straightening preparations production surged to $X in 2021 estimated in export price. In general, production, however, posted a buoyant increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports from Belgium

In 2021, shipments abroad of preparations for permanent waving or straightening of hair was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2017 when exports increased by 70% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, hair waving or straightening preparations exports expanded significantly to $X in 2021. In general, exports, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2017 with an increase of 87% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of hair waving or straightening preparations exports from Belgium, with a combined 88% share of total exports. These countries were followed by Democratic Republic of the Congo and Spain, which together accounted for a further 7.6%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +20.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X) remains the key foreign market for preparations for permanent waving or straightening of hair exports from Belgium, comprising 52% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 26% share of total exports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at -3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-1.9% per year) and Germany (-10.4% per year).

Export Prices by Country

The average export price for preparations for permanent waving or straightening of hair stood at $X per ton in 2021, reducing by -2.5% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hair waving or straightening preparations export price decreased by -11.0% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 34%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Democratic Republic of the Congo (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports into Belgium

In 2021, purchases abroad of preparations for permanent waving or straightening of hair was finally on the rise to reach X tons after eight years of decline. Over the period under review, imports, however, faced a deep contraction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, hair waving or straightening preparations imports skyrocketed to $X in 2021. In general, imports, however, recorded a abrupt downturn. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and the UK (X tons) were the main suppliers of hair waving or straightening preparations imports to Belgium, together accounting for 83% of total imports. Italy, France, the United States and Israel lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +451.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) appeared to be the largest hair waving or straightening preparations suppliers to Belgium, with a combined 68% share of total imports. The United States, the UK, France and Israel lagged somewhat behind, together accounting for a further 22%.

Israel, with a CAGR of +378.6%, saw the highest growth rate of 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 import price for preparations for permanent waving or straightening of hair stood at $X per ton in 2021, surging by 4.2% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hair waving or straightening preparations import price decreased by -1.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 45% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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