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

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

The CIS market for preparations for permanent waving or straightening of hair contracted slightly to $X in 2021, waning by -3.9% against the previous year. Over the period under review, consumption, however, showed strong growth. Over the period under review, the market attained the peak level at $X in 2020, and then contracted modestly in the following year.

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

In value terms, hair waving or straightening preparations production reduced to $X in 2021 estimated in export price. Overall, production, however, saw a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 96% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then shrank in the following year.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports in CIS

Hair waving or straightening preparations exports surged to X tons in 2021, jumping by 31% compared with the previous year's figure. Overall, exports, however, recorded a slight downturn. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, hair waving or straightening preparations exports skyrocketed to $X in 2021. In general, exports enjoyed a slight expansion. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia represented the main exporter of preparations for permanent waving or straightening of hair in the CIS, with the volume of exports reaching X tons, which was approx. 86% of total exports in 2021. It was distantly followed by Belarus (X tons), constituting an 11% share of total exports. Uzbekistan (X tons) followed a long way behind the leaders.

Exports from Russia decreased at an average annual rate of -3.0% from 2012 to 2021. At the same time, Belarus (+34.3%) and Uzbekistan (+12.5%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +34.3% from 2012-2021. While the share of Belarus (+11 p.p.) and Uzbekistan (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-12.5 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest hair waving or straightening preparations supplier in the CIS, comprising 89% of total exports. The second position in the ranking was taken by Belarus ($X), with a 9.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+29.0% per year) and Uzbekistan (-2.1% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, picking up by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2018 when the export price increased by 18% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+3.3%), while the other leaders experienced a decline in the export price figures.

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports in CIS

In 2021, approx. X tons of preparations for permanent waving or straightening of hair were imported in the CIS; rising by 31% on the year before. Overall, imports, however, showed a abrupt decrease. Over the period under review, imports hit record highs 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 soared to $X in 2021. In general, imports, however, saw a deep contraction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) was the largest importer of preparations for permanent waving or straightening of hair, constituting 65% of total imports. Kazakhstan (X tons) held an 18% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (9.4%). The following importers - Azerbaijan (X tons), Uzbekistan (X tons) and Moldova (X tons) - together made up 6.5% of total imports.

From 2012 to 2021, average annual rates of growth with regard to hair waving or straightening preparations imports into Russia stood at -7.0%. Moldova and Belarus experienced a relatively flat trend pattern. Kazakhstan (-1.8%), Uzbekistan (-7.8%) and Azerbaijan (-11.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kazakhstan, Belarus and Uzbekistan increased by +6, +4.1 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported preparations for permanent waving or straightening of hair in the CIS, comprising 69% of total imports. The second position in the ranking was held by Belarus ($X), with a 12% share of total imports. It was followed by Kazakhstan, with a 12% share.

From 2012 to 2021, the average annual growth rate of value in Russia amounted to -6.0%. In the other countries, the average annual rates were as follows: Belarus (+5.7% per year) and Kazakhstan (-3.3% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, shrinking by -1.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 21%. As a result, import price reached the peak level of $X per ton, and then contracted slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+15.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :