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

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in the Czech Republic

The Czech market for preparations for permanent waving or straightening of hair shrank modestly to $X in 2021, stabilizing at the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Preparations For Permanent Waving Or Straightening Of Hair in the Czech Republic

In value terms, hair waving or straightening preparations production expanded to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2015 with an increase of 22%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports from the Czech Republic

After two years of decline, shipments abroad of preparations for permanent waving or straightening of hair increased by 35% to X tons in 2021. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 47%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, hair waving or straightening preparations exports soared to $X in 2021. Overall, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 when exports increased by 144% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Slovakia (X tons) and Hungary (X tons) were the main destinations of hair waving or straightening preparations exports from the Czech Republic, together comprising 81% of total exports. Austria, Poland, Estonia, Romania and the UK lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +254.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for preparations for permanent waving or straightening of hair exports from the Czech Republic, comprising 56% of total exports. The second position in the ranking was held by Slovakia ($X), with a 15% share of total exports. It was followed by Hungary, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +67.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+11.1% per year) and Hungary (+0.7% per year).

Export Prices by Country

The average export price for preparations for permanent waving or straightening of hair stood at $X per ton in 2021, with a decrease of -11.3% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 69% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports into the Czech Republic

After two years of decline, overseas purchases of preparations for permanent waving or straightening of hair increased by 2.4% to X tons in 2021. In general, imports, however, saw a pronounced decrease. The growth pace was the most rapid in 2018 when imports increased by 57%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, hair waving or straightening preparations imports expanded significantly to $X in 2021. Over the period under review, imports saw prominent growth. The growth pace was the most rapid in 2014 with an increase of 140% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest hair waving or straightening preparations supplier to the Czech Republic, accounting for a 44% share of total imports. Moreover, hair waving or straightening preparations imports from Germany exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. Italy (X tons) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+92.2% per year) and Italy (-11.8% per year).

In value terms, Germany ($X) constituted the largest supplier of preparations for permanent waving or straightening of hair to the Czech Republic, comprising 39% of total imports. The second position in the ranking was taken by Hungary ($X), with a 14% share of total imports. It was followed by Slovakia, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+136.9% per year) and Slovakia (+34.4% per year).

Import Prices by Country

In 2021, the average import price for preparations for permanent waving or straightening of hair amounted to $X per ton, surging by 11% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hair waving or straightening preparations import price increased by +34.8% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 60%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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