Kuwait: Shaving Preparations Market 2025

Shaving Preparations Market Size in Kuwait

After two years of decline, the Kuwaiti shaving preparations market increased by 72% to $X in 2021. Over the period under review, consumption showed a perceptible expansion. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Shaving Preparations Exports

Exports from Kuwait

In 2021, exports of pre-shave, shaving and after-shave preparations (excluding soap in blocks) from Kuwait contracted markedly to X tons, shrinking by -23.6% against 2020. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 12,537%. 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 declined dramatically to $X in 2021. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 8,361%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Iraq (X tons) and Qatar (X kg) were the main destinations of shaving preparations exports from Kuwait, together comprising 98% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +105.4%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for pre-shave, shaving and after-shave preparations (excluding soap in blocks) exports from Kuwait, comprising 59% of total exports. The second position in the ranking was held by Iraq ($X), with a 28% share of total exports. It was followed by Qatar, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia amounted to +49.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+99.6% per year) and Qatar (+82.3% per year).

Export Prices by Country

In 2021, the average shaving preparations export price amounted to $X per ton, growing by 1.6% against the previous year. In general, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 96% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Iraq ($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 the United Arab Emirates (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Shaving Preparations Imports

Imports into Kuwait

In 2021, after two years of decline, there was significant growth in supplies from abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks), when their volume increased by 58% to X tons. Over the period under review, imports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2018 with an increase of 425%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, shaving preparations imports skyrocketed to $X in 2021. In general, imports recorded a notable expansion. The growth pace was the most rapid in 2018 with an increase of 235% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The UK (X tons), Belgium (X tons) and Saudi Arabia (X tons) were the main suppliers of shaving preparations imports to Kuwait, together comprising 47% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +45.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Belgium ($X) and Poland ($X) constituted the largest shaving preparations suppliers to Kuwait, with a combined 43% share of total imports. These countries were followed by France, Germany, the United States, Italy, Saudi Arabia, the United Arab Emirates, Turkey, India, Hungary and the Philippines, which together accounted for a further 30%.

Among the main suppliers, Italy, with a CAGR of +51.3%, 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, increasing by 8.2% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, shaving preparations import price increased by +109.6% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 40% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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