Ethiopia: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in Ethiopia

The Ethiopian market for shampoos, hair lacquers and other preparations amounted to $X in 2022, growing by 4.9% against the previous year. Over the period under review, consumption, however, saw a slight shrinkage. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Shampoos, Hair Lacquers And Other Preparations in Ethiopia

In value terms, production of shampoos, hair lacquers and other preparations rose modestly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 18% against the previous year. Production of peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Ethiopia

In 2022, shipments abroad of shampoos, hair lacquers and other preparations increased by 0.5% to X tons, rising for the fourth consecutive year after six years of decline. In general, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 206% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of shampoos, hair lacquers and other preparations shrank to $X in 2022. Overall, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by 133%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Sudan (X tons) was the main destination for exports of shampoos, hair lacquers and other preparations from Ethiopia, with a 53% share of total exports. Moreover, exports of shampoos, hair lacquers and other preparations to Sudan exceeded the volume sent to the second major destination, Israel (X tons), sevenfold. The third position in this ranking was taken by Lebanon (X tons), with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume to Sudan totaled -15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+15.6% per year) and Lebanon (+29.6% per year).

In value terms, Sudan ($X) remains the key foreign market for shampoos, hair lacquers and other preparations exports from Ethiopia, comprising 38% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 13% share of total exports. It was followed by Israel, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sudan amounted to -21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+60.9% per year) and Israel (+12.2% per year).

Export Prices by Country

In 2022, the average export price for shampoos, hair lacquers and other preparations amounted to $X per ton, shrinking by -7.6% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Lebanon ($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 Israel (-2.9%), while the prices for the other major destinations experienced a decline.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Ethiopia

In 2022, purchases abroad of shampoos, hair lacquers and other preparations increased by 6.3% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 102% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations fell modestly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 116% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Tunisia (X tons) constituted the largest shampoo, hair lacquer and other preparations supplier to Ethiopia, with a 66% share of total imports. Moreover, imports of shampoos, hair lacquers and other preparations from Tunisia exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), tenfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Tunisia totaled +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+45.8% per year) and the United Arab Emirates (-17.0% per year).

In value terms, Tunisia ($X) constituted the largest supplier of shampoos, hair lacquers and other preparations to Ethiopia, comprising 72% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.8% share of total imports. It was followed by Spain, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value from Tunisia stood at +23.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-8.0% per year) and Spain (+30.8% per year).

Import Prices by Country

In 2022, the average import price for shampoos, hair lacquers and other preparations amounted to $X per ton, falling by -6.3% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for shampoos, hair lacquers and other preparations increased by +70.4% against 2012 indices. The growth pace was the most rapid in 2018 when the average import price increased by 24% against the previous year. The import price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Netherlands ($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 United Arab Emirates (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform