Northern America: Shaving Preparations Market 2024

Shaving Preparations Market Size in Northern America

The North American shaving preparations market rose slightly to $X in 2021, increasing by 2.8% against the previous year. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by +0.6% against 2018 indices. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Shaving Preparations Production in Northern America

In value terms, shaving preparations production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% 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 2015 with an increase of 13% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Shaving Preparations Exports

Exports in Northern America

In 2021, overseas shipments of pre-shave, shaving and after-shave preparations (excluding soap in blocks) decreased by -16.3% to X tons, falling for the third consecutive year after two years of growth. Overall, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2015 when exports increased by 22%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, shaving preparations exports declined to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 19% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States represented the largest exporter of pre-shave, shaving and after-shave preparations (excluding soap in blocks) in Northern America, with the volume of exports finishing at X tons, which was approx. 83% of total exports in 2021. It was distantly followed by Canada (X tons), achieving a 17% share of total exports.

The United States was also the fastest-growing in terms of the pre-shave, shaving and after-shave preparations (excluding soap in blocks) exports, with a CAGR of -2.0% from 2012 to 2021. Canada (-4.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +4 percentage points.

In value terms, the United States ($X) remains the largest shaving preparations supplier in Northern America, comprising 85% of total exports. The second position in the ranking was held by Canada ($X), with a 15% share of total exports.

In the United States, shaving preparations exports expanded at an average annual rate of +1.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, picking up by 2.9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2019 an increase of 28%. Over the period under review, the export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.2%).

Shaving Preparations Imports

Imports in Northern America

In 2021, after two years of growth, there was significant decline in purchases abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks), when their volume decreased by -7.5% to X tons. Total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +28.9% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of 24%. The volume of import peaked at X tons in 2020, and then contracted in the following year.

In value terms, shaving preparations imports rose slightly to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 14% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the major importer of pre-shave, shaving and after-shave preparations (excluding soap in blocks), committing 77% of total imports. It was distantly followed by Canada (X tons), constituting a 23% share of total imports.

The United States was also the fastest-growing in terms of the pre-shave, shaving and after-shave preparations (excluding soap in blocks) imports, with a CAGR of +7.1% from 2012 to 2021. Canada (-3.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +20 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported pre-shave, shaving and after-shave preparations (excluding soap in blocks) in Northern America, comprising 67% of total imports. The second position in the ranking was held by Canada ($X), with a 32% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +1.8%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, rising by 11% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-0.4%).

Source: IndexBox Platform

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