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

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

The SADC market for shampoos, hair lacquers and other preparations expanded significantly to $X in 2022, growing by 5.4% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in SADC

In value terms, production of shampoos, hair lacquers and other preparations amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 23%. Over the period under review, production of attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports in SADC

In 2022, exports of shampoos, hair lacquers and other preparations in SADC was estimated at X tons, increasing by 1.8% against the previous year's figure. In general, exports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 19%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of shampoos, hair lacquers and other preparations expanded rapidly to $X in 2022. Over the period under review, exports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in preparations structure, accounting for X tons, which was approx. 96% of total exports in 2022. Zambia (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to shampoo, hair lacquer and other preparations exports from South Africa stood at -4.7%. At the same time, Zambia (+13.5%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +13.5% from 2012-2022. Zambia (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest shampoo, hair lacquer and other preparations supplier in SADC, comprising 97% of total exports. The second position in the ranking was taken by Zambia ($X), with a 1.2% share of total exports.

In South Africa, exports of shampoos, hair lacquers and other preparations declined by an average annual rate of -3.1% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, increasing by 5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2021 when the export price increased by 43%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+1.7%).

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports in SADC

In 2022, the amount of shampoos, hair lacquers and other preparations imported in SADC expanded remarkably to X tons, picking up by 12% against the year before. Overall, imports, however, showed a slight descent. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations stood at $X in 2022. Over the period under review, imports, however, showed a noticeable reduction. The growth pace was the most rapid in 2021 when imports increased by 12%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Africa represented the major importing country with an import of around X tons, which recorded 40% of total imports. It was distantly followed by Botswana (X tons), Angola (X tons), Tanzania (X tons), Namibia (X tons) and Mauritius (X tons), together achieving a 39% share of total imports. Madagascar (X tons), Mozambique (X tons), Zambia (X tons), Lesotho (X tons), Democratic Republic of the Congo (X tons) and Malawi (X tons) took a relatively small share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of shampoos, hair lacquers and other preparations. At the same time, Lesotho (+7.0%), Madagascar (+4.6%), Mozambique (+3.6%), Tanzania (+1.8%) and Mauritius (+1.3%) displayed positive paces of growth. Moreover, Lesotho emerged as the fastest-growing importer imported in SADC, with a CAGR of +7.0% from 2012-2022. Botswana, Democratic Republic of the Congo, Namibia and Malawi experienced a relatively flat trend pattern. By contrast, Zambia (-2.0%) and Angola (-9.9%) illustrated a downward trend over the same period. While the share of South Africa (+3.8 p.p.), Tanzania (+2.2 p.p.), Madagascar (+2 p.p.), Lesotho (+1.7 p.p.) and Botswana (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Angola (-13.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported shampoos, hair lacquers and other preparations in SADC, comprising 48% of total imports. The second position in the ranking was held by Mauritius ($X), with a 9.9% share of total imports. It was followed by Tanzania, with an 8% share.

In South Africa, imports of shampoos, hair lacquers and other preparations contracted by an average annual rate of -1.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mauritius (+2.8% per year) and Tanzania (-1.8% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, with a decrease of -9.4% against the previous year. In general, the import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by 12% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+6.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform