MERCOSUR: Hair Spray Market 2025

Hair Spray Market Size in MERCOSUR

The MERCOSUR hair spray market dropped to $X in 2022, reducing by -3.6% against the previous year. In general, consumption recorded a abrupt contraction. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Hair Spray Production in MERCOSUR

In value terms, hair spray production dropped to $X in 2022 estimated in export price. Overall, production showed a deep downturn. The growth pace was the most rapid in 2013 with an increase of 15%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Hair Spray Exports

Exports in MERCOSUR

In 2022, overseas shipments of hair sprays increased by 21% to X tons, rising for the third year in a row after two years of decline. In general, exports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hair spray exports stood at $X in 2022. Over the period under review, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 29%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Peru (X tons) represented the main exporter of hair sprays, mixing up 48% of total exports. Argentina (X tons) took the second position in the ranking, distantly followed by Colombia (X tons) and Brazil (X tons). All these countries together took near 47% share of total exports. Chile (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of +21.7%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Argentina ($X), Peru ($X) and Colombia ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 83% of total exports. Brazil and Chile lagged somewhat behind, together accounting for a further 14%.

Among the main exporting countries, Brazil, with a CAGR of +8.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, dropping by -7% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2013 when the export price increased by 12% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.3%), while the other leaders experienced a decline in the export price figures.

Hair Spray Imports

Imports in MERCOSUR

In 2022, after two years of decline, there was significant growth in purchases abroad of hair sprays, when their volume increased by 35% to X tons. Overall, imports, however, saw a perceptible shrinkage. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, hair spray imports surged to $X in 2022. In general, imports, however, continue to indicate a perceptible setback. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons), distantly followed by Colombia (X tons), Paraguay (X tons), Chile (X tons), Peru (X tons), Argentina (X tons), Uruguay (X tons), Guyana (X tons), Ecuador (X tons) and Venezuela (X tons) were the main importers of hair sprays, together making up 96% of total imports.

From 2012 to 2022, average annual rates of growth with regard to hair spray imports into Brazil stood at +2.6%. At the same time, Argentina (+39.6%) and Guyana (+6.7%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +39.6% from 2012-2022. Paraguay and Uruguay experienced a relatively flat trend pattern. By contrast, Venezuela (-3.6%), Chile (-7.6%), Colombia (-7.6%), Peru (-8.5%) and Ecuador (-9.1%) illustrated a downward trend over the same period. While the share of Brazil (+11 p.p.), Argentina (+7.2 p.p.), Guyana (+4.1 p.p.), Paraguay (+3 p.p.) and Uruguay (+2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ecuador (-5.1 p.p.), Chile (-5.6 p.p.), Colombia (-6.5 p.p.) and Peru (-6.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hair spray importing markets in MERCOSUR were Brazil ($X), Colombia ($X) and Chile ($X), with a combined 48% share of total imports. Paraguay, Argentina, Uruguay, Peru, Ecuador, Venezuela and Guyana lagged somewhat behind, together comprising a further 51%.

In terms of the main importing countries, Argentina, with a CAGR of +39.2%, saw 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 import price in MERCOSUR stood at $X per ton in 2022, surging by 19% against the previous year. Overall, the import price saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Guyana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform