Greece: Shaving Preparations Market 2024

Shaving Preparations Market Size in Greece

The Greek shaving preparations market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Shaving preparations consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Shaving Preparations Production in Greece

In value terms, shaving preparations production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2019 with an increase of 118%. Shaving preparations production peaked in 2021 and is likely to continue growth in the immediate term.

Shaving Preparations Exports

Exports from Greece

In 2021, overseas shipments of pre-shave, shaving and after-shave preparations (excluding soap in blocks) decreased by -10.4% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 38% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, shaving preparations exports shrank to $X in 2021. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 58% against the previous year. The exports peaked at $X in 2020, and then declined in the following year.

Exports by Country

Cyprus (X tons), Serbia (X tons) and Poland (X tons) were the main destinations of shaving preparations exports from Greece, with a combined 48% share of total exports. These countries were followed by Romania, Israel, the Czech Republic, Ukraine, Hungary, Albania, Spain, Belgium, North Macedonia and the Netherlands, which together accounted for a further 47%.

From 2012 to 2021, the biggest increases were recorded for North Macedonia (with a CAGR of +153.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for shaving preparations exported from Greece were Poland ($X), Romania ($X) and Cyprus ($X), together comprising 49% of total exports. These countries were followed by the Czech Republic, Serbia, the Netherlands, Hungary, Israel, Spain, Albania, Ukraine, Belgium and North Macedonia, which together accounted for a further 41%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +256.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average shaving preparations export price stood at $X per ton in 2021, increasing by 4.6% against the previous year. Over the period under review, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 47% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Shaving Preparations Imports

Imports into Greece

In 2021, imports of pre-shave, shaving and after-shave preparations (excluding soap in blocks) into Greece was estimated at X tons, growing by 10% against the year before. Over the period under review, imports, however, continue to indicate a slight shrinkage. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, shaving preparations imports rose markedly to $X in 2021. Overall, imports, however, saw a slight descent. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of shaving preparations imports to Greece, together comprising 71% of total imports. These countries were followed by Poland, Bulgaria, Luxembourg, Spain, the Netherlands, France, Turkey and the UK, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of +79.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Italy ($X) were the largest shaving preparations suppliers to Greece, with a combined 70% share of total imports. These countries were followed by Poland, Bulgaria, France, Spain, the Netherlands, Luxembourg, the UK and Turkey, which together accounted for a further 26%.

In terms of the main suppliers, Luxembourg, with a CAGR of +57.2%, recorded the highest rates of growth with regard to 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 average shaving preparations import price stood at $X per ton in 2021, picking up by 2.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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