Saudi Arabia: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in Saudi Arabia

The Saudi market for shampoos, hair lacquers and other preparations contracted markedly to $X in 2022, waning by -56.5% against the previous year. Overall, consumption showed a abrupt descent. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in Saudi Arabia

In value terms, production of shampoos, hair lacquers and other preparations amounted to $X in 2022 estimated in export price. Overall, production recorded a deep slump. The pace of growth was the most pronounced in 2017 when the production volume increased by 61%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Saudi Arabia

In 2022, after eight years of decline, there was growth in overseas shipments of shampoos, hair lacquers and other preparations, when their volume increased by 0.5% to X tons. In general, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 12%. As a result, the exports reached the peak of X tons. From 2014 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 expanded slightly to $X in 2022. Over the period under review, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 13%. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco (X tons), Bahrain (X tons) and Egypt (X tons) were the main destinations of exports of shampoos, hair lacquers and other preparations from Saudi Arabia, with a combined 68% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +24.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for shampoo, hair lacquer and other preparations exported from Saudi Arabia were Morocco ($X), Egypt ($X) and Jordan ($X), together comprising 70% of total exports. Bahrain, Turkey and Tunisia lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, Bahrain, with a CAGR of +22.2%, saw the highest rates of growth with regard to the value of exports, 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, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9.2% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Tunisia ($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 Algeria (+53.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Saudi Arabia

In 2021, supplies from abroad of shampoos, hair lacquers and other preparations decreased by -0.4% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by 26%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of shampoos, hair lacquers and other preparations reduced to $X in 2021. The total import value increased at an average annual rate of +2.6% 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 2014 with an increase of 22%. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest shampoo, hair lacquer and other preparations supplier to Saudi Arabia, accounting for a 34% share of total imports. Moreover, imports of shampoos, hair lacquers and other preparations from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Egypt (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+15.6% per year) and Germany (+12.5% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of shampoos, hair lacquers and other preparations to Saudi Arabia, comprising 29% of total imports. The second position in the ranking was held by Egypt ($X), with a 13% share of total imports. It was followed by Germany, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+16.2% per year) and Germany (-3.9% per year).

Import Prices by Country

In 2021, the average import price for shampoos, hair lacquers and other preparations amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2015 an increase of 10%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :