Luxembourg: Market for Preparations For Permanent Waving Or Straightening Of Hair 2024

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in Luxembourg

The Luxembourg market for preparations for permanent waving or straightening of hair contracted rapidly to $X in 2021, falling by -45.7% against the previous year. Overall, consumption showed a deep contraction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Preparations For Permanent Waving Or Straightening Of Hair in Luxembourg

In value terms, hair waving or straightening preparations production totaled $X in 2021 estimated in export price. Over the period under review, production saw a significant decline. The pace of growth appeared the most rapid in 2017 with an increase of 43%. Hair waving or straightening preparations production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports from Luxembourg

After two years of decline, shipments abroad of preparations for permanent waving or straightening of hair increased by 311% to X tons in 2021. Overall, exports posted a significant increase. The growth pace was the most rapid in 2016 with an increase of 508%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, hair waving or straightening preparations exports skyrocketed to $X in 2021. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 261% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons) was the main destination for hair waving or straightening preparations exports from Luxembourg, with a 90% share of total exports. Moreover, hair waving or straightening preparations exports to France exceeded the volume sent to the second major destination, Belgium (X kg), ninefold.

From 2012 to 2021, the average annual growth rate of volume to France totaled +66.4%.

In value terms, France ($X) emerged as the key foreign market for preparations for permanent waving or straightening of hair exports from Luxembourg, comprising 81% of total exports. The second position in the ranking was taken by Belgium ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France stood at +57.1%.

Export Prices by Country

In 2021, the average export price for preparations for permanent waving or straightening of hair amounted to $X per ton, dropping by -20.1% against the previous year. Overall, the export price faced a drastic downturn. The growth pace was the most rapid in 2019 when the average export price increased by 134%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to France stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-4.4%).

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports into Luxembourg

In 2021, after three years of growth, there was significant decline in purchases abroad of preparations for permanent waving or straightening of hair, when their volume decreased by -27.3% to X tons. Over the period under review, imports, however, showed tangible growth. The pace of growth appeared the most rapid in 2019 with an increase of 129% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then contracted dramatically in the following year.

In value terms, hair waving or straightening preparations imports expanded rapidly to $X in 2021. Overall, imports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 34% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Belgium (X tons) and Germany (X kg) were the main suppliers of hair waving or straightening preparations imports to Luxembourg, with a combined 89% share of total imports. These countries were followed by the Czech Republic, which accounted for a further 7.3%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +104.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest hair waving or straightening preparations suppliers to Luxembourg were France ($X), Belgium ($X) and the Czech Republic ($X), with a combined 85% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +86.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for preparations for permanent waving or straightening of hair amounted to $X per ton, increasing by 53% against the previous year. Overall, the import price, however, saw a abrupt setback. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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