Czech Republic: Hair Spray Market 2024

Hair Spray Market Size in the Czech Republic

In 2022, the Czech hair spray market increased by 1.8% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, saw a perceptible curtailment. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Hair Spray Production in the Czech Republic

In value terms, hair spray production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of 392% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Hair Spray Exports

Exports from the Czech Republic

In 2022, after two years of decline, there was significant growth in overseas shipments of hair sprays, when their volume increased by 23% to X tons. In general, exports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 155%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, hair spray exports soared to $X in 2022. Overall, exports saw modest growth. The growth pace was the most rapid in 2014 with an increase of 125%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Austria (X tons), Hungary (X tons) and Slovakia (X tons) were the main destinations of hair spray exports from the Czech Republic, together comprising 66% of total exports. The Netherlands, Poland, Germany, Belgium, Romania, Ukraine and Russia lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +38.8%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Hungary ($X) and Slovakia ($X) appeared to be the largest markets for hair spray exported from the Czech Republic worldwide, together accounting for 64% of total exports. Germany, Poland, the Netherlands, Belgium, Romania, Ukraine and Russia lagged somewhat behind, together comprising a further 24%.

The Netherlands, with a CAGR of +48.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hair spray export price amounted to $X per ton, reducing by -3.7% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hair spray export price increased by +75.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Belgium ($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 Ukraine (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Hair Spray Imports

Imports into the Czech Republic

In 2022, supplies from abroad of hair sprays was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a mild setback. The most prominent rate of growth was recorded in 2014 when imports increased by 121%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, hair spray imports rose notably to $X in 2022. Over the period under review, imports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 89% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest hair spray supplier to the Czech Republic, with a 67% share of total imports. Moreover, hair spray imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. The third position in this ranking was held by Hungary (X tons), with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.7% per year) and Hungary (+23.3% per year).

In value terms, Germany ($X) constituted the largest supplier of hair sprays to the Czech Republic, comprising 60% of total imports. The second position in the ranking was taken by France ($X), with a 16% share of total imports. It was followed by the UK, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.2% per year) and the UK (+12.4% per year).

Import Prices by Country

The average hair spray import price stood at $X per ton in 2022, dropping by -2.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs 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 France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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