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

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

The CIS market for shampoos, hair lacquers and other preparations declined to $X in 2022, with a decrease of -3.4% against the previous year. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked 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 CIS

In value terms, production of shampoos, hair lacquers and other preparations reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by 22% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports in CIS

In 2022, after three years of growth, there was decline in overseas shipments of shampoos, hair lacquers and other preparations, when their volume decreased by -3.9% to X tons. The total export volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 38% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then shrank slightly in the following year.

In value terms, exports of shampoos, hair lacquers and other preparations shrank to $X in 2022. Total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 +81.8% against 2015 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 21%. Over the period under review, the exports of reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, Russia (X tons) represented the major exporter of shampoos, hair lacquers and other preparations, comprising 79% of total exports. It was distantly followed by Belarus (X tons), generating a 14% share of total exports. Uzbekistan (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.

Exports from Russia increased at an average annual rate of +3.3% from 2012 to 2022. At the same time, Uzbekistan (+23.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +23.7% from 2012-2022. By contrast, Kazakhstan (-1.7%) and Belarus (-2.8%) illustrated a downward trend over the same period. Russia (+13 p.p.) and Uzbekistan (+4.2 p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by -7.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest shampoo, hair lacquer and other preparations supplier in the CIS, comprising 81% of total exports. The second position in the ranking was held by Belarus ($X), with a 14% share of total exports. It was followed by Uzbekistan, with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to +4.7%. In the other countries, the average annual rates were as follows: Belarus (+1.2% per year) and Uzbekistan (+31.4% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, falling by -3.1% against the previous year. Overall, the export price, however, continues to indicate a slight increase. The pace of growth appeared the most rapid in 2018 an increase of 22% against the previous year. The level of export peaked at $X per ton in 2021, and then reduced slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+6.2%), while the other leaders experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports in CIS

In 2022, the amount of shampoos, hair lacquers and other preparations imported in the CIS contracted to X tons, falling by -3.5% on the previous year. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 14% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2021, and then reduced in the following year.

In value terms, imports of shampoos, hair lacquers and other preparations dropped to $X in 2022. The total import value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 21% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then fell slightly in the following year.

Imports by Country

Russia was the major importer of shampoos, hair lacquers and other preparations in the CIS, with the volume of imports recording X tons, which was approx. 54% of total imports in 2022. Kazakhstan (X tons) took a 17% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (8.1%), Azerbaijan (6.7%) and Uzbekistan (5.7%). Kyrgyzstan (X tons), Armenia (X tons) and Moldova (X tons) held a minor share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of shampoos, hair lacquers and other preparations. At the same time, Uzbekistan (+16.3%), Azerbaijan (+7.7%), Belarus (+6.5%), Kyrgyzstan (+6.2%), Armenia (+5.3%) and Kazakhstan (+3.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +16.3% from 2012-2022. By contrast, Moldova (-9.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Azerbaijan, Belarus and Kazakhstan increased by +5.7, +2.7, +2.6 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported shampoos, hair lacquers and other preparations in the CIS, comprising 58% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 14% share of total imports. It was followed by Belarus, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest. In the other countries, the average annual rates were as follows: Kazakhstan (+2.2% per year) and Belarus (+4.0% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the import price saw a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 13%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Moldova ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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