New Zealand: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in New Zealand

In 2022, the New Zealand market for shampoos, hair lacquers and other preparations decreased by -9.7% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $X, and then fell in the following year.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from New Zealand

In 2022, after two years of decline, there was significant growth in overseas shipments of shampoos, hair lacquers and other preparations, when their volume increased by 9.4% to X tons. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 77%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of shampoos, hair lacquers and other preparations dropped notably to $X in 2022. Over the period under review, exports enjoyed noticeable growth. The pace of growth was the most pronounced in 2019 with an increase of 69%. Over the period under review, the exports of attained the peak figure at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Australia (X tons), the United States (X tons) and China (X tons) were the main destinations of exports of shampoos, hair lacquers and other preparations from New Zealand, with a combined 72% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +67.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), the United States ($X) and China ($X) were the largest markets for shampoo, hair lacquer and other preparations exported from New Zealand worldwide, with a combined 71% share of total exports.

China, with a CAGR of +70.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, shrinking by -22.6% against the previous year. Overall, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 59%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($X per ton) and Cook Islands ($X per ton), while the average price for exports to the United States ($X per ton) and Hong Kong SAR ($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 China (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into New Zealand

Imports of shampoos, hair lacquers and other preparations into New Zealand declined to X tons in 2022, waning by -11.1% against 2021 figures. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, imports of shampoos, hair lacquers and other preparations dropped to $X in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

Thailand (X tons), Australia (X tons) and the United States (X tons) were the main suppliers of imports of shampoos, hair lacquers and other preparations to New Zealand, with a combined 68% share of total imports. Italy, Germany, China, the UK, France, Spain, the Netherlands, Belgium and India lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +19.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Australia ($X) and the United States ($X) constituted the largest shampoo, hair lacquer and other preparations suppliers to New Zealand, with a combined 66% share of total imports. Italy, Germany, the UK, China, Spain, France, the Netherlands, Belgium and India lagged somewhat behind, together accounting for a further 29%.

India, with a CAGR of +20.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for shampoos, hair lacquers and other preparations amounted to $X per ton, rising by 6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 10%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($X per ton) and the Netherlands ($X per ton), while the price for Thailand ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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