GCC: Market for Hair Brushes And Shaving And Toilet Brushes For Personal Use 2024

Market Size for Hair Brushes And Shaving And Toilet Brushes For Personal Use in GCC

The GCC market for hair brushes and shaving and toilet brushes for personal use declined to $X in 2022, which is down by -8.3% against the previous year. Overall, consumption, however, posted a prominent expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Hair Brushes And Shaving And Toilet Brushes For Personal Use in GCC

In value terms, hair, shaving and toilet brush production declined to $X in 2022 estimated in export price. Over the period under review, production, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 126%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Exports in GCC

In 2022, the amount of hair brushes and shaving and toilet brushes for personal use exported in GCC expanded markedly to X units, with an increase of 6.2% against 2021 figures. Overall, exports posted noticeable growth. The most prominent rate of growth was recorded in 2013 when exports increased by 654%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, hair, shaving and toilet brush exports reduced to $X in 2022. Over the period under review, exports continue to indicate mild growth. The most prominent rate of growth was recorded in 2013 when exports increased by 947% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, amounting to X units, which was approx. 90% of total exports in 2022. It was distantly followed by Saudi Arabia (X units), making up a 5.6% share of total exports. The following exporters - Oman (X units) and Kuwait (X units) - together made up 4.5% of total exports.

From 2012 to 2022, average annual rates of growth with regard to hair, shaving and toilet brush exports from the United Arab Emirates stood at +2.8%. At the same time, Kuwait (+8.6%) and Oman (+5.7%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in GCC, with a CAGR of +8.6% from 2012-2022. Saudi Arabia experienced a relatively flat trend pattern. The United Arab Emirates (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by -1.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest hair, shaving and toilet brush supplier in GCC, comprising 72% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 15% share of total exports. It was followed by Oman, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest. In the other countries, the average annual rates were as follows: Saudi Arabia (+1.6% per year) and Oman (+16.4% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, falling by -11% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 51%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Oman ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+10.1%), while the other leaders experienced more modest paces of growth.

Imports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Imports in GCC

Hair, shaving and toilet brush imports shrank sharply to X units in 2022, waning by -23.2% compared with the previous year. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 98% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, hair, shaving and toilet brush imports fell dramatically to $X in 2022. Overall, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

The United Arab Emirates dominates imports structure, reaching X units, which was approx. 86% of total imports in 2022. It was distantly followed by Kuwait (X units), mixing up a 9.2% share of total imports. The following importers - Bahrain (X units) and Oman (X units) - each reached a 3.8% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +5.3% from 2012 to 2022. At the same time, Oman (+25.3%), Bahrain (+8.6%) and Kuwait (+7.8%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of +25.3% from 2012-2022. While the share of Kuwait (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (-3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported hair brushes and shaving and toilet brushes for personal use in GCC, comprising 70% of total imports. The second position in the ranking was taken by Kuwait ($X), with a 19% share of total imports. It was followed by Oman, with a 3.8% share.

In the United Arab Emirates, hair, shaving and toilet brush imports expanded at an average annual rate of +7.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (+10.4% per year) and Oman (+28.2% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, waning by -29.5% against the previous year. In general, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2015 when the import price increased by 75% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Oman ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform