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

Market Size for Shampoos, Hair Lacquers And Other Preparations in Greece

In 2022, the Greek market for shampoos, hair lacquers and other preparations decreased by -38.7% to $X, falling for the second year in a row after three years of growth. Overall, consumption recorded a deep contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in Greece

In value terms, production of shampoos, hair lacquers and other preparations soared to $X in 2022 estimated in export price. Over the period under review, production enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. Production of peaked in 2022 and is expected to retain growth in the near future.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Greece

In 2022, the amount of shampoos, hair lacquers and other preparations exported from Greece skyrocketed to X tons, rising by 58% compared with 2021 figures. Over the period under review, exports recorded a resilient increase. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of shampoos, hair lacquers and other preparations skyrocketed to $X in 2022. In general, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 75%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X tons), the UK (X tons) and Cyprus (X tons) were the main destinations of exports of shampoos, hair lacquers and other preparations from Greece, with a combined 43% share of total exports. Germany, France, Romania, Lebanon, Bulgaria, Spain, the Netherlands, Turkey, Albania and Canada lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +169.2%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Cyprus ($X) constituted the largest markets for shampoo, hair lacquer and other preparations exported from Greece worldwide, with a combined 44% share of total exports. Lebanon, France, Germany, the Netherlands, Bulgaria, Spain, Canada, Romania, Albania and Turkey lagged somewhat behind, together accounting for a further 38%.

In terms of the main countries of destination, Canada, with a CAGR of +170.5%, saw the highest rates of growth with regard to 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

In 2022, the average export price for shampoos, hair lacquers and other preparations amounted to $X per ton, reducing by -12.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. The export price peaked at $X per ton in 2021, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Greece

Imports of shampoos, hair lacquers and other preparations into Greece contracted significantly to X tons in 2022, which is down by -16.7% on the previous year's figure. In general, imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 5.5%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of shampoos, hair lacquers and other preparations fell to $X in 2022. Overall, imports continue to indicate a mild slump. The growth pace was the most rapid in 2021 with an increase of 16%. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X tons), Romania (X tons) and Germany (X tons) were the main suppliers of imports of shampoos, hair lacquers and other preparations to Greece, together comprising 57% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +113.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest shampoo, hair lacquer and other preparations suppliers to Greece were Italy ($X), Germany ($X) and France ($X), together comprising 55% of total imports. Romania, Poland, Spain, Belgium, Slovenia, China and Turkey lagged somewhat behind, together accounting for a further 30%.

Romania, with a CAGR of +113.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, picking up by 6.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 10% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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