Egypt: Shaving Preparations Market 2024

Shaving Preparations Market Size in Egypt

The Egyptian shaving preparations market dropped slightly to $X in 2021, waning by -4.1% against the previous year. Overall, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +3.8% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Shaving Preparations Production in Egypt

In value terms, shaving preparations production declined to $X in 2021 estimated in export price. In general, production enjoyed a resilient increase. The growth pace was the most rapid in 2016 with an increase of 57% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Shaving Preparations Exports

Exports from Egypt

In 2021, overseas shipments of pre-shave, shaving and after-shave preparations (excluding soap in blocks) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports posted a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 2,321%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, shaving preparations exports soared to $X in 2021. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 1,956%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for shaving preparations exports from Egypt, accounting for a 59% share of total exports. Moreover, shaving preparations exports to Saudi Arabia exceeded the volume sent to the second major destination, Morocco (X tons), fourfold. Libya (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia totaled +80.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (0.0% per year) and Libya (+29.7% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for pre-shave, shaving and after-shave preparations (excluding soap in blocks) exports from Egypt, comprising 61% of total exports. The second position in the ranking was taken by Morocco ($X), with a 15% share of total exports. It was followed by Libya, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia stood at +83.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (0.0% per year) and Libya (+36.0% per year).

Export Prices by Country

The average shaving preparations export price stood at $X per ton in 2021, increasing by 11% against the previous year. Over the period under review, the export price saw a slight expansion. The growth pace was the most rapid in 2020 when the average export price increased by 232% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Iraq ($X per ton), while the average price for exports to the United Arab Emirates ($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 Lebanon (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Shaving Preparations Imports

Imports into Egypt

For the third consecutive year, Egypt recorded decline in overseas purchases of pre-shave, shaving and after-shave preparations (excluding soap in blocks), which decreased by -6.2% to X tons in 2021. Over the period under review, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2018 when imports increased by 61%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, shaving preparations imports rose sharply to $X in 2021. In general, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2020 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Poland (X tons) and France (X tons) were the main suppliers of shaving preparations imports to Egypt, together accounting for 65% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +52.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Poland ($X) and France ($X) constituted the largest shaving preparations suppliers to Egypt, with a combined 64% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of +49.4%, 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 shaving preparations import price stood at $X per ton in 2021, picking up by 12% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 46% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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