Middle East: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in the Middle East

The Middle Eastern hair lotion and preparation market surged to $X in 2021, increasing by 55% against the previous year. Overall, consumption saw a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Hair Lotion and Preparation in the Middle East

In value terms, hair lotion and preparation production surged to $X in 2021 estimated in export price. Over the period under review, production showed a prominent increase. The growth pace was the most rapid in 2013 with an increase of 72%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Hair Lotion and Preparation

Exports in the Middle East

In 2021, after two years of decline, there was significant growth in shipments abroad of hair lotion and preparation, when their volume increased by 16% to X tons. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 38%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, hair lotion and preparation exports rose markedly to $X in 2021. Total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 54%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Turkey (X tons) was the largest exporter of hair lotion and preparation, comprising 49% of total exports. The United Arab Emirates (X tons) held the second position in the ranking, distantly followed by Israel (X tons), Lebanon (X tons) and Oman (X tons). All these countries together held approx. 47% share of total exports. Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +60.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Israel ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 90% of total exports. These countries were followed by Lebanon, Oman and Saudi Arabia, which together accounted for a further 9.3%.

Oman, with a CAGR of +45.0%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, shrinking by -7.7% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 13%. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+4.9%), while the other leaders experienced more modest paces of growth.

Imports of Hair Lotion and Preparation

Imports in the Middle East

In 2021, the amount of hair lotion and preparation imported in the Middle East soared to X tons, with an increase of 28% against 2020 figures. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hair lotion and preparation imports surged to $X in 2021. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of hair lotion and preparation imports in 2021 were the United Arab Emirates (X tons), Iraq (X tons), Saudi Arabia (X tons), Turkey (X tons), Kuwait (X tons) and Yemen (X tons), together amounting to 83% of total import. Israel (X tons) held a little 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 Iraq (with a CAGR of +8.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hair lotion and preparation importing markets in the Middle East were the United Arab Emirates ($X), Saudi Arabia ($X) and Turkey ($X), with a combined 59% share of total imports. Iraq, Kuwait, Israel and Yemen lagged somewhat behind, together comprising a further 26%.

In terms of the main importing countries, Iraq, with a CAGR of +8.9%, recorded the highest growth rate of 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

In 2021, the import price in the Middle East amounted to $X per ton, remaining constant against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 9.1%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform