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

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

The Croatian market for shampoos, hair lacquers and other preparations reduced to $X in 2022, which is down by -8% against the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Shampoos, Hair Lacquers And Other Preparations in Croatia

In value terms, production of shampoos, hair lacquers and other preparations surged to $X in 2022 estimated in export price. In general, production continues to indicate a slight slump. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Croatia

In 2022, exports of shampoos, hair lacquers and other preparations from Croatia surged to X tons, rising by 91% on the previous year's figure. Over the period under review, exports posted a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of shampoos, hair lacquers and other preparations skyrocketed to $X in 2022. In general, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Serbia (X tons) was the main destination for exports of shampoos, hair lacquers and other preparations from Croatia, accounting for a 37% share of total exports. Moreover, exports of shampoos, hair lacquers and other preparations to Serbia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Serbia totaled +41.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+8.3% per year) and Italy (+166.4% per year).

In value terms, the largest markets for shampoo, hair lacquer and other preparations exported from Croatia were Serbia ($X), Slovenia ($X) and Bosnia and Herzegovina ($X), together comprising 58% of total exports. Hungary, North Macedonia, Italy, Bulgaria, Albania, Montenegro, Turkey and the UK lagged somewhat behind, together accounting for a further 36%.

Among the main countries of destination, Italy, with a CAGR of +120.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, reducing by -25.6% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for shampoos, hair lacquers and other preparations decreased by -29.7% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 46%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Croatia

In 2022, purchases abroad of shampoos, hair lacquers and other preparations increased by 35% to X tons, rising for the second consecutive year after three years of decline. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 60% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of shampoos, hair lacquers and other preparations skyrocketed to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Italy (X tons) and Slovenia (X tons) were the main suppliers of imports of shampoos, hair lacquers and other preparations to Croatia, together accounting for 55% of total imports. Poland, France, the Czech Republic, Hungary, Belgium, Spain, the Netherlands and Slovakia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +31.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Slovenia ($X) appeared to be the largest shampoo, hair lacquer and other preparations suppliers to Croatia, with a combined 46% share of total imports. Poland, the Czech Republic, Hungary, France, the Netherlands, Belgium, Spain and Slovakia lagged somewhat behind, together accounting for a further 48%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +37.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for shampoos, hair lacquers and other preparations amounted to $X per ton, which is down by -13.1% against the previous year. In general, the import price recorded a slight setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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