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

Market Size for Shampoos, Hair Lacquers And Other Preparations in the EU

In 2022, after three years of growth, there was decline in the EU market for shampoos, hair lacquers and other preparations, when its value decreased by -2.4% to $X. Overall, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the market value increased by 9.9%. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in the EU

In value terms, production of shampoos, hair lacquers and other preparations expanded modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 6%. Over the period under review, production of attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports in the EU

In 2022, exports of shampoos, hair lacquers and other preparations in the European Union amounted to X tons, approximately reflecting the previous year's figure. The total export volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 6.3% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of shampoos, hair lacquers and other preparations reached $X in 2022. The total export value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

The shipments of the three major exporters of shampoos, hair lacquers and other preparations, namely France, Italy and Germany, represented more than half of total export. Poland (X tons) held the next position in the ranking, followed by Spain (X tons), Belgium (X tons), the Netherlands (X tons) and Romania (X tons). All these countries together took approx. 34% share of total exports. The Czech Republic (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +5.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest shampoo, hair lacquer and other preparations supplying countries in the European Union were Germany ($X), Italy ($X) and France ($X), with a combined 48% share of total exports. The Netherlands, Spain, Poland, Belgium, the Czech Republic and Romania lagged somewhat behind, together comprising a further 38%.

The Netherlands, with a CAGR of +11.7%, recorded the highest rates of growth with regard to 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

In 2022, the export price in the European Union amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price, however, continues to indicate a slight increase. The most prominent rate of growth was recorded in 2021 an increase of 11% against the previous year. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.8%), while the other leaders experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports in the EU

After three years of growth, purchases abroad of shampoos, hair lacquers and other preparations decreased by -2.1% to X tons in 2022. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 7.7% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2021, and then dropped modestly in the following year.

In value terms, imports of shampoos, hair lacquers and other preparations declined modestly to $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Germany (X tons), France (X tons), Poland (X tons), the Netherlands (X tons), Spain (X tons), Italy (X tons), Belgium (X tons) and the Czech Republic (X tons) was the key importer of shampoos, hair lacquers and other preparations in the European Union, generating 72% of total import. The following importers - Portugal (X tons), Romania (X tons), Sweden (X tons), Austria (X tons) and Denmark (X tons) - each finished at a 15% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania (with a CAGR of +6.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest shampoo, hair lacquer and other preparations importing markets in the European Union were Germany ($X), the Netherlands ($X) and France ($X), with a combined 36% share of total imports. Poland, Spain, Belgium, Italy, the Czech Republic, Austria, Sweden, Denmark, Romania and Portugal lagged somewhat behind, together comprising a further 48%.

In terms of the main importing countries, Romania, with a CAGR of +7.4%, recorded 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 import price in the European Union stood at $X per ton in 2022, surging by 2.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2021 an increase of 13%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Portugal ($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 Netherlands (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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