EU: Hair Spray Market 2024

Hair Spray Market Size in the EU

In 2022, the EU hair spray market increased by 5.7% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a mild shrinkage. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Hair Spray Production in the EU

In value terms, hair spray production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible reduction. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Hair Spray Exports

Exports in the EU

In 2022, the amount of hair sprays exported in the European Union totaled X tons, increasing by 3.2% on the previous year's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by 18% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, hair spray exports expanded markedly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), France (X tons) and Hungary (X tons) represented roughly 73% of total exports in 2022. It was distantly followed by Italy (X tons), mixing up a 6.1% share of total exports. The Czech Republic (X tons), Belgium (X tons), Spain (X tons), the Netherlands (X tons), Sweden (X tons) and Poland (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Hungary (with a CAGR of +14.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest hair spray supplying countries in the European Union were Germany ($X), France ($X) and Hungary ($X), together accounting for 66% of total exports.

Hungary, with a CAGR of +10.1%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, surging by 2.5% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 12%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.1%), while the other leaders experienced more modest paces of growth.

Hair Spray Imports

Imports in the EU

In 2022, approx. X tons of hair sprays were imported in the European Union; picking up by 8.3% compared with 2021 figures. In general, imports, however, recorded a pronounced reduction. The growth pace was the most rapid in 2021 when imports increased by 8.9% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, hair spray imports rose significantly to $X in 2022. Over the period under review, imports, however, recorded a mild decline. The pace of growth was the most pronounced in 2021 with an increase of 15%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) was the largest importer of hair sprays, comprising 26% of total imports. Poland (X tons) ranks second in terms of the total imports with a 9.2% share, followed by Belgium (7.6%), the Czech Republic (7.3%), the Netherlands (7.1%) and Spain (4.7%). The following importers - France (X tons), Romania (X tons), Austria (X tons), Italy (X tons), Sweden (X tons), Hungary (X tons) and Denmark (X tons) - together made up 23% of total imports.

From 2012 to 2022, average annual rates of growth with regard to hair spray imports into Germany stood at +3.8%. At the same time, Romania (+4.1%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of +4.1% from 2012-2022. Hungary, Italy and Denmark experienced a relatively flat trend pattern. By contrast, the Czech Republic (-1.2%), Spain (-1.5%), the Netherlands (-1.9%), Belgium (-2.0%), Austria (-2.8%), Poland (-3.3%), Sweden (-4.7%) and France (-14.7%) illustrated a downward trend over the same period. Germany (+11 p.p.) and Romania (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while France saw its share reduced by -12.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported hair sprays in the European Union, comprising 24% of total imports. The second position in the ranking was held by Poland ($X), with a 9.5% share of total imports. It was followed by the Netherlands, with an 8.6% share.

In Germany, hair spray imports expanded at an average annual rate of +3.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Poland (-1.6% per year) and the Netherlands (+0.1% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, with an increase of 2.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 10%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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