MERCOSUR: Shaving Preparations Market 2024

Shaving Preparations Market Size in MERCOSUR

The MERCOSUR shaving preparations market rose markedly to $X in 2021, growing by 11% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Shaving Preparations Production in MERCOSUR

In value terms, shaving preparations production reached $X in 2021 estimated in export price. Overall, production, however, showed a mild downturn. The growth pace was the most rapid in 2016 with an increase of 45% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Shaving Preparations Exports

Exports in MERCOSUR

In 2021, approx. X tons of pre-shave, shaving and after-shave preparations (excluding soap in blocks) were exported in MERCOSUR; increasing by 24% on the previous year. Over the period under review, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of 25%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, shaving preparations exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 24%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil was the largest exporter of pre-shave, shaving and after-shave preparations (excluding soap in blocks) in MERCOSUR, with the volume of exports reaching X tons, which was near 76% of total exports in 2021. It was distantly followed by Colombia (X tons), achieving a 17% share of total exports. Argentina (X tons) and Guyana (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to shaving preparations exports from Brazil stood at +12.2%. At the same time, Guyana (+68.3%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +68.3% from 2012-2021. By contrast, Colombia (-3.1%) and Argentina (-40.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil, Colombia and Guyana increased by +69, +11 and +2.1 percentage points, respectively.

In value terms, Brazil ($X) remains the largest shaving preparations supplier in MERCOSUR, comprising 68% of total exports. The second position in the ranking was taken by Colombia ($X), with a 24% share of total exports. It was followed by Argentina, with a 2.3% share.

In Brazil, shaving preparations exports increased at an average annual rate of +2.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (-5.5% per year) and Argentina (-41.7% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, declining by -2.6% against the previous year. Overall, the export price showed a slight descent. The most prominent rate of growth was recorded in 2018 an increase of 20%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Colombia ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-1.5%), while the other leaders experienced a decline in the export price figures.

Shaving Preparations Imports

Imports in MERCOSUR

After two years of decline, supplies from abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) increased by 21% to X tons in 2021. Over the period under review, imports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 with an increase of 32%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, shaving preparations imports soared to $X in 2021. Overall, imports, however, continue to indicate a pronounced curtailment. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Argentina represented the major importer of pre-shave, shaving and after-shave preparations (excluding soap in blocks) in MERCOSUR, with the volume of imports reaching X tons, which was approx. 34% of total imports in 2021. Colombia (X tons) ranks second in terms of the total imports with an 18% share, followed by Brazil (17%), Chile (16%) and Peru (7.3%). The following importers - Ecuador (X tons) and Venezuela (X tons) - each resulted at a 4.3% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Argentina (with a CAGR of +26.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest shaving preparations importing markets in MERCOSUR were Argentina ($X), Chile ($X) and Brazil ($X), with a combined 69% share of total imports.

Among the main importing countries, Argentina, with a CAGR of +11.9%, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, rising by 9.2% against the previous year. In general, the import price, however, continues to indicate a slight slump. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+1.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform