Denmark: Shaving Preparations Market 2024

Shaving Preparations Market Size in Denmark

In 2021, the Danish shaving preparations market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, continues to indicate a pronounced slump. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Shaving Preparations Production in Denmark

In value terms, shaving preparations production surged to $X in 2021 estimated in export price. Overall, production enjoyed a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Shaving Preparations Exports

Exports from Denmark

For the seventh consecutive year, Denmark recorded growth in shipments abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks), which increased by 18% to X tons in 2021. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by 116%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, shaving preparations exports shrank to $X in 2021. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 74%. Over the period under review, the exports reached the peak figure at $X in 2020, and then reduced in the following year.

Exports by Country

Norway (X tons), Sweden (X tons) and Germany (X tons) were the main destinations of shaving preparations exports from Denmark, together accounting for 77% of total exports. These countries were followed by France, Finland and the Netherlands, which together accounted for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +73.7%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Sweden ($X) and Germany ($X) were the largest markets for shaving preparations exported from Denmark worldwide, with a combined 77% share of total exports. France, the Netherlands and Finland lagged somewhat behind, together accounting for a further 15%.

In terms of the main countries of destination, France, with a CAGR of +53.4%, saw the highest rates of growth with regard to 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

In 2021, the average shaving preparations export price amounted to $X per ton, falling by -25.2% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 70% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, 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 the Netherlands (-1.8%), while the prices for the other major destinations experienced a decline.

Shaving Preparations Imports

Imports into Denmark

In 2021, purchases abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 45%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, shaving preparations imports rose rapidly to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 44% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X tons) constituted the largest shaving preparations supplier to Denmark, with a 36% share of total imports. Moreover, shaving preparations imports from Sweden exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+57.8% per year) and the Netherlands (+3.5% per year).

In value terms, Sweden ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest shaving preparations suppliers to Denmark, with a combined 64% share of total imports. These countries were followed by Italy, France, the Czech Republic and the UK, which together accounted for a further 22%.

The Czech Republic, with a CAGR of +53.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average shaving preparations import price stood at $X per ton in 2021, with a decrease of -19.5% against the previous year. In general, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 58% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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