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

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

The Canadian market for shampoos, hair lacquers and other preparations rose markedly to $X in 2022, picking up by 11% against the previous year. In general, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +90.9% against 2017 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Production of Shampoos, Hair Lacquers And Other Preparations in Canada

In value terms, production of shampoos, hair lacquers and other preparations reduced to $X in 2022 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -12.2% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 62% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Canada

In 2022, overseas shipments of shampoos, hair lacquers and other preparations decreased by -7.9% to X tons, falling for the second year in a row after four years of growth. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2013 when exports increased by 12%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of shampoos, hair lacquers and other preparations dropped modestly to $X in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by 16% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2021, and then shrank modestly in the following year.

Exports by Country

The United States (X tons) was the main destination for exports of shampoos, hair lacquers and other preparations from Canada, with a approx. 96% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +1.8%.

In value terms, the United States ($X) also remains the key foreign market for shampoos, hair lacquers and other preparations exports from Canada.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +5.0%.

Export Prices by Country

The average export price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, picking up by 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.2% per year.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Canada

In 2022, purchases abroad of shampoos, hair lacquers and other preparations increased by 9.4% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 13% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations rose significantly to $X in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of shampoo, hair lacquer and other preparations to Canada, accounting for a 72% share of total imports. Moreover, imports of shampoos, hair lacquers and other preparations from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), tenfold. Italy (X tons) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+4.6% per year) and Italy (+2.9% per year).

In value terms, the United States ($X) constituted the largest supplier of shampoos, hair lacquers and other preparations to Canada, comprising 72% of total imports. The second position in the ranking was held by Mexico ($X), with a 5.7% share of total imports. It was followed by Italy, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+4.0% per year) and Italy (+6.7% per year).

Import Prices by Country

The average import price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, picking up by 5% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2021 when the average import price increased by 17% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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