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

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

The Indonesian market for shampoos, hair lacquers and other preparations was estimated at $X in 2022, approximately equating the previous year. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.0% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in Indonesia

In value terms, production of shampoos, hair lacquers and other preparations totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 30%. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Indonesia

In 2022, after four years of growth, there was significant decline in shipments abroad of shampoos, hair lacquers and other preparations, when their volume decreased by -18.1% to X tons. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 16%. The exports peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, exports of shampoos, hair lacquers and other preparations dropped to $X in 2022. Overall, total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when exports increased by 26% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

The Philippines (X tons), Malaysia (X tons) and Thailand (X tons) were the main destinations of exports of shampoos, hair lacquers and other preparations from Indonesia, with a combined 48% share of total exports. Yemen, the United Arab Emirates, Singapore, India, Timor-Leste, Somalia, Afghanistan, South Korea and China lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Somalia (with a CAGR of +37.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) remains the key foreign market for shampoos, hair lacquers and other preparations exports from Indonesia, comprising 22% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 9.9% share of total exports. It was followed by Malaysia, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Philippines amounted to +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+2.0% per year) and Malaysia (-2.3% per year).

Export Prices by Country

The average export price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, increasing by 8.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2019 an increase of 9.3% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Somalia ($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 China (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Indonesia

In 2022, the amount of shampoos, hair lacquers and other preparations imported into Indonesia shrank remarkably to X tons, which is down by -37.2% on 2021 figures. In general, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of 9.1% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations shrank to $X in 2022. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Thailand (X tons) and India (X tons) were the main suppliers of imports of shampoos, hair lacquers and other preparations to Indonesia, with a combined 81% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +24.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and India ($X) were the largest shampoo, hair lacquer and other preparations suppliers to Indonesia, with a combined 71% share of total imports.

India, with a CAGR of +26.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for shampoos, hair lacquers and other preparations amounted to $X per ton, picking up by 37% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for shampoos, hair lacquers and other preparations increased by +62.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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