Portugal: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in Portugal

For the third consecutive year, the Portuguese market for shampoos, hair lacquers and other preparations recorded growth in sales value, which increased by 0.5% to $X in 2022. Over the period under review, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in Portugal

In value terms, production of shampoos, hair lacquers and other preparations skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +41.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 94% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Portugal

In 2022, approx. X tons of shampoos, hair lacquers and other preparations were exported from Portugal; with an increase of 18% compared with the year before. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 73%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of shampoos, hair lacquers and other preparations surged to $X in 2022. Overall, exports posted prominent growth. The pace of growth appeared the most rapid in 2016 when exports increased by 55% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Spain (X tons) was the main destination for exports of shampoos, hair lacquers and other preparations from Portugal, with a 48% share of total exports. Moreover, exports of shampoos, hair lacquers and other preparations to Spain exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-2.5% per year) and Germany (+47.3% per year).

In value terms, Spain ($X) remains the key foreign market for shampoos, hair lacquers and other preparations exports from Portugal, comprising 42% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total exports. It was followed by Belgium, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+64.0% per year) and Belgium (+8.6% per year).

Export Prices by Country

In 2022, the average export price for shampoos, hair lacquers and other preparations amounted to $X per ton, growing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2014 an increase of 27%. 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.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Portugal

In 2022, supplies from abroad of shampoos, hair lacquers and other preparations increased by 3.1% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 8% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of shampoos, hair lacquers and other preparations amounted to $X in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of shampoo, hair lacquer and other preparations to Portugal, accounting for a 61% share of total imports. Moreover, imports of shampoos, hair lacquers and other preparations from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold. The third position in this ranking was held by Italy (X tons), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.9% per year) and Italy (+9.2% per year).

In value terms, Spain ($X) constituted the largest supplier of shampoos, hair lacquers and other preparations to Portugal, comprising 57% of total imports. The second position in the ranking was held by France ($X), with a 15% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.9% per year) and Italy (+4.2% per year).

Import Prices by Country

The average import price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, rising by 5.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 11% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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