New Zealand: Hair Spray Market 2024

Hair Spray Market Size in New Zealand

The New Zealand hair spray market contracted significantly to $X in 2022, which is down by -17% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Hair Spray Exports

Exports from New Zealand

In 2022, the amount of hair sprays exported from New Zealand skyrocketed to X tons, with an increase of 202% compared with 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 374% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, hair spray exports soared to $X in 2022. In general, exports, however, continue to indicate a perceptible shrinkage. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons), Taiwan (Chinese) (X tons) and Canada (X tons) were the main destinations of hair spray exports from New Zealand, with a combined 96% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +691.6%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for hair spray exported from New Zealand were Australia ($X), Taiwan (Chinese) ($X) and Canada ($X), with a combined 96% share of total exports.

Taiwan (Chinese), with a CAGR of +797.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average hair spray export price amounted to $X per ton, picking up by 13% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 48%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Cook Islands ($X per ton) and Australia ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+13.4%), while the prices for the other major destinations experienced mixed trend patterns.

Hair Spray Imports

Imports into New Zealand

In 2022, approx. X tons of hair sprays were imported into New Zealand; which is down by -18.1% against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 52% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hair spray imports fell to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 37%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest hair spray supplier to New Zealand, with a 46% share of total imports. Moreover, hair spray imports from Australia exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. France (X tons) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume from Australia totaled -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.0% per year) and France (+0.4% per year).

In value terms, Australia ($X) constituted the largest supplier of hair sprays to New Zealand, comprising 46% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by France, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia stood at -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.2% per year) and France (+2.6% per year).

Import Prices by Country

In 2022, the average hair spray import price amounted to $X per ton, growing by 4.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 10%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per ton) and the United States ($X per ton), while the price for Israel ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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