EU: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in the EU

The EU hair lotion and preparation market reached $X in 2021, growing by 14% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Hair Lotion and Preparation in the EU

In value terms, hair lotion and preparation production rose modestly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 8.6% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Hair Lotion and Preparation

Exports in the EU

After two years of decline, overseas shipments of hair lotion and preparation increased by 3.7% to X tons in 2021. The total export volume increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 8.8% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, hair lotion and preparation exports surged to $X in 2021. The total export value increased at an average annual rate of +4.0% from 2012 to 2021; 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.

Exports by Country

In 2021, Italy (X tons), Germany (X tons), France (X tons), Belgium (X tons), Spain (X tons), Poland (X tons) and the Netherlands (X tons) was the major exporter of hair lotion and preparation in the European Union, making up 85% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Italy (with a CAGR of +6.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest hair lotion and preparation supplying countries in the European Union were Germany ($X), Italy ($X) and the Netherlands ($X), with a combined 50% share of total exports.

The Netherlands, with a CAGR of +14.5%, recorded the highest growth rate of the value of exports, in terms of 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 2021, with an increase of 13% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.9%), while the other leaders experienced more modest paces of growth.

Imports of Hair Lotion and Preparation

Imports in the EU

In 2021, hair lotion and preparation imports in the European Union rose to X tons, picking up by 3.3% against the year before. The total import volume increased at an average annual rate of +4.5% over the period 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 2013 with an increase of 13%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, hair lotion and preparation imports surged to $X in 2021. The total import value increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), followed by France (X tons), Belgium (X tons), the Netherlands (X tons), Spain (X tons), Poland (X tons), Italy (X tons) and the Czech Republic (X tons) were the main importers of hair lotion and preparation, together achieving 77% of total imports. The following importers - Sweden (X tons), Portugal (X tons), Denmark (X tons), Romania (X tons) and Greece (X tons) - together made up 12% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +9.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined 39% share of total imports. Poland, Spain, Italy, Belgium, the Czech Republic, Sweden, Denmark, Romania, Portugal and Greece lagged somewhat behind, together accounting for a further 45%.

Poland, with a CAGR of +11.7%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, with an increase of 14% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform