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

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

The Iraqi market for shampoos, hair lacquers and other preparations was estimated at $X in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% 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 -0.7% against 2020 indices. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Iraq

In 2022, the amount of shampoos, hair lacquers and other preparations exported from Iraq fell modestly to X tons, waning by -3.7% on the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 596% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of shampoos, hair lacquers and other preparations declined slightly to $X in 2022. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 318% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for exports of shampoos, hair lacquers and other preparations from Iraq, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey was relatively modest.

In value terms, Turkey ($X) also remains the key foreign market for shampoos, hair lacquers and other preparations exports from Iraq.

From 2012 to 2022, the average annual growth rate of value to Turkey totaled -19.6%.

Export Prices by Country

The average export price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, surging by 3.1% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. The growth pace was the most rapid in 2020 an increase of 104%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -19.8% per year.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Iraq

Imports of shampoos, hair lacquers and other preparations into Iraq stood at X tons in 2022, therefore, remained relatively stable against 2021 figures. In general, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% 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 -1.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 31%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of shampoos, hair lacquers and other preparations totaled $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 -0.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of shampoo, hair lacquer and other preparations to Iraq, accounting for a 58% share of total imports. Moreover, imports of shampoos, hair lacquers and other preparations from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was held by Egypt (X tons), with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+31.5% per year) and Egypt (-0.8% per year).

In value terms, Turkey ($X) constituted the largest supplier of shampoos, hair lacquers and other preparations to Iraq, comprising 30% of total imports. The second position in the ranking was held by Egypt ($X), with an 8.6% share of total imports. It was followed by Germany, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+1.0% per year) and Germany (+19.4% per year).

Import Prices by Country

In 2022, the average import price for shampoos, hair lacquers and other preparations amounted to $X per ton, remaining stable against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 11%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :