Middle East: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in the Middle East

The Middle Eastern market for shampoos, hair lacquers and other preparations dropped sharply to $X in 2022, which is down by -29.6% against the previous year. Overall, consumption, however, enjoyed a prominent increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in the Middle East

In value terms, production of shampoos, hair lacquers and other preparations fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 128% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports in the Middle East

In 2022, the amount of shampoos, hair lacquers and other preparations exported in the Middle East totaled X tons, picking up by 2.3% on 2021. The total export volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 18% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, exports of shampoos, hair lacquers and other preparations rose rapidly to $X in 2022. The total export value increased at an average annual rate of +4.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 18%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Turkey was the key exporting country with an export of around X tons, which reached 49% of total exports. Israel (X tons) ranks second in terms of the total exports with an 18% share, followed by the United Arab Emirates (17%), Saudi Arabia (9.4%) and Lebanon (4.7%).

From 2012 to 2022, average annual rates of growth with regard to shampoo, hair lacquer and other preparations exports from Turkey stood at +5.9%. At the same time, Israel (+6.7%) and the United Arab Emirates (+4.0%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +6.7% from 2012-2022. Lebanon experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-8.7%) illustrated a downward trend over the same period. While the share of Turkey (+14 p.p.), Israel (+6 p.p.) and the United Arab Emirates (+2.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (-20.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest shampoo, hair lacquer and other preparations supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), with a combined 82% share of total exports.

In terms of the main exporting countries, Turkey, with a CAGR of +9.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, growing by 5.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 when the export price increased by 9.5% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

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 the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+3.7%), while the other leaders experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports in the Middle East

In 2022, the amount of shampoos, hair lacquers and other preparations imported in the Middle East fell remarkably to X tons, which is down by -17.6% on the year before. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 18% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations dropped notably to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 14%. Over the period under review, imports of attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Iraq (X tons), the United Arab Emirates (X tons) and Turkey (X tons) represented the main importer of shampoos, hair lacquers and other preparations in the Middle East, committing 68% of total import. Yemen (X tons) took a 5.5% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (5%), Oman (4.7%) and Israel (4.5%).

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +11.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Iraq ($X) constituted the countries with the highest levels of imports in 2022, together comprising 60% of total imports. Kuwait, Israel, Oman and Yemen lagged somewhat behind, together accounting for a further 27%.

Among the main importing countries, Oman, with a CAGR of +10.6%, 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 2022, the import price in the Middle East amounted to $X per ton, declining by -7% against the previous year. Overall, the import price continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2014 an increase of 4.1% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 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 Kuwait ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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