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

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

The Luxembourg market for shampoos, hair lacquers and other preparations contracted notably to $X in 2022, declining by -28.2% against the previous year. In general, consumption continues to indicate a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in Luxembourg

In value terms, production of shampoos, hair lacquers and other preparations fell to $X in 2022 estimated in export price. Overall, production showed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 53%. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Luxembourg

In 2022, approx. X tons of shampoos, hair lacquers and other preparations were exported from Luxembourg; picking up by 41% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 78%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of shampoos, hair lacquers and other preparations soared to $X in 2022. Overall, exports posted resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 59%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for exports of shampoos, hair lacquers and other preparations from Luxembourg, with a 49% share of total exports. Moreover, exports of shampoos, hair lacquers and other preparations to Germany exceeded the volume sent to the second major destination, France (X tons), fivefold. Italy (X tons) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +26.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+59.4% per year) and Italy (+296.7% per year).

In value terms, Germany ($X) remains the key foreign market for shampoos, hair lacquers and other preparations exports from Luxembourg, comprising 44% of total exports. The second position in the ranking was taken by France ($X), with a 12% share of total exports. It was followed by Italy, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +15.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+51.3% per year) and Italy (+248.6% per year).

Export Prices by Country

In 2022, the average export price for shampoos, hair lacquers and other preparations amounted to $X per ton, with a decrease of -12.9% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 10% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($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 Spain (-2.7%), while the prices for the other major destinations experienced a decline.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Luxembourg

Imports of shampoos, hair lacquers and other preparations into Luxembourg skyrocketed to X tons in 2022, picking up by 39% against 2021. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 83%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of shampoos, hair lacquers and other preparations dropped to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest shampoo, hair lacquer and other preparations supplier to Luxembourg, with a 72% share of total imports. Moreover, imports of shampoos, hair lacquers and other preparations from France exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at +24.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.0% per year) and Germany (+1.0% per year).

In value terms, France ($X), Belgium ($X) and Germany ($X) constituted the largest shampoo, hair lacquer and other preparations suppliers to Luxembourg, with a combined 83% share of total imports.

Among the main suppliers, France, with a CAGR of +11.3%, recorded 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 2022, the average import price for shampoos, hair lacquers and other preparations amounted to $X per ton, which is down by -34.6% against the previous year. Overall, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2020 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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