Denmark: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in Denmark

The Danish hair lotion and preparation market fell modestly to $X in 2021, declining by -2.2% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Hair Lotion and Preparation in Denmark

In value terms, hair lotion and preparation production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +1.3% against 2014 indices. The growth pace was the most rapid in 2014 with an increase of 80% against the previous year. Hair lotion and preparation production peaked in 2021 and is likely to continue growth in the near future.

Exports of Hair Lotion and Preparation

Exports from Denmark

Hair lotion and preparation exports from Denmark surged to X tons in 2021, with an increase of 17% against 2020 figures. The total export volume increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hair lotion and preparation exports soared to $X in 2021. Over the period under review, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons), Norway (X tons) and Finland (X tons) were the main destinations of hair lotion and preparation exports from Denmark, with a combined 82% share of total exports. France, Germany and the Netherlands lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +41.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hair lotion and preparation exported from Denmark were Norway ($X), Sweden ($X) and Germany ($X), together comprising 65% of total exports.

Germany, with a CAGR of +32.2%, saw the highest rates of growth with regard to 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

The average hair lotion and preparation export price stood at $X per ton in 2021, rising by 16% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hair lotion and preparation export price increased by +65.8% against 2017 indices. The pace of growth appeared the most rapid in 2019 an increase of 28%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Finland ($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 Germany (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Lotion and Preparation

Imports into Denmark

In 2021, the amount of hair lotion and preparation imported into Denmark rose to X tons, growing by 2.8% on 2020. The total import volume increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 29%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, hair lotion and preparation imports soared to $X in 2021. The total import value increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), France (X tons) and Poland (X tons) were the main suppliers of hair lotion and preparation imports to Denmark, together accounting for 51% of total imports. These countries were followed by Sweden, Italy, Germany, the UK and Spain, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +10.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hair lotion and preparation suppliers to Denmark were Sweden ($X), Belgium ($X) and Germany ($X), together comprising 40% of total imports. Italy, Poland, France, Spain and the UK lagged somewhat behind, together comprising a further 33%.

Among the main suppliers, Poland, with a CAGR of +16.8%, saw the highest growth rate of 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

The average hair lotion and preparation import price stood at $X per ton in 2021, increasing by 23% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform