SADC: Shaving Preparations Market 2024

Shaving Preparations Market Size in SADC

The SADC shaving preparations market expanded sharply to $X in 2021, surging by 6.6% against the previous year. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +6.8% against 2018 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Shaving Preparations Production in SADC

In value terms, shaving preparations production expanded slightly to $X in 2021 estimated in export price. The total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.6% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 49%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Shaving Preparations Exports

Exports in SADC

After three years of decline, shipments abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) increased by 12% to X tons in 2021. Overall, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 67% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, shaving preparations exports soared to $X in 2021. In general, exports, however, continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 81% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, South Africa (X tons) was the main exporter of pre-shave, shaving and after-shave preparations (excluding soap in blocks) in SADC, creating 99% of total export.

South Africa 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 -6.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest shaving preparations supplier in SADC.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled -4.2%.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, jumping by 20% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to +2.1% per year.

Shaving Preparations Imports

Imports in SADC

After three years of decline, supplies from abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) increased by 41% to X tons in 2021. Overall, imports, however, showed a mild decrease. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, shaving preparations imports soared to $X in 2021. In general, imports, however, recorded a deep reduction. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Lesotho (X tons) and South Africa (X tons) represented roughly 66% of total imports in 2021. It was distantly followed by Botswana (X tons), making up a 12% share of total imports. The following importers - Zambia (X tons), Angola (X tons), Mauritius (X tons), Swaziland (X tons), Namibia (X tons), Mozambique (X tons) and Zimbabwe (X tons) - together made up 19% of total imports.

From 2012 to 2021, the biggest increases were recorded for Lesotho (with a CAGR of +16.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest shaving preparations importing markets in SADC were South Africa ($X), Lesotho ($X) and Botswana ($X), with a combined 73% share of total imports. Mauritius, Mozambique, Zambia, Namibia, Swaziland, Angola and Zimbabwe lagged somewhat behind, together accounting for a further 23%.

Zambia, with a CAGR of +10.4%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, dropping by -6.1% against the previous year. Overall, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Mauritius ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zambia (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform