Scandinavia: Shaving Preparations Market 2024

Shaving Preparations Market Size in Scandinavia

In 2021, the Scandinavia shaving preparations market increased by 32% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a prominent increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Shaving Preparations Production in Scandinavia

In value terms, shaving preparations production fell dramatically to $X in 2021 estimated in export price. Overall, production recorded significant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 442%. The level of production peaked at $X in 2020, and then reduced notably in the following year.

Shaving Preparations Exports

Exports in Scandinavia

In 2021, overseas shipments of pre-shave, shaving and after-shave preparations (excluding soap in blocks) increased by 62% to X tons, rising for the fifth year in a row after three years of decline. Overall, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, shaving preparations exports fell to $X in 2021. Over the period under review, exports, however, saw a abrupt setback. The growth pace was the most rapid in 2018 when exports increased by 9.7% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden represented the major exporting country with an export of around X tons, which amounted to 84% of total exports. It was distantly followed by Denmark (X tons), mixing up a 16% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to shaving preparations exports from Sweden stood at +4.5%. At the same time, Denmark (+17.0%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +17.0% from 2012-2021. From 2012 to 2021, the share of Denmark increased by +9.5 percentage points.

In value terms, Sweden ($X) and Denmark ($X) were the countries with the highest levels of exports in 2021.

Among the main exporting countries, Denmark, with a CAGR of +10.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, declining by -47% against the previous year. Over the period under review, the export price saw a drastic downturn. The growth pace was the most rapid in 2014 an increase of 6% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (-6.0%).

Shaving Preparations Imports

Imports in Scandinavia

In 2021, supplies from abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) was finally on the rise to reach X tons after three years of decline. In general, imports, however, saw a perceptible downturn. The growth pace was the most rapid in 2017 when imports increased by 13% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, shaving preparations imports shrank slightly to $X in 2021. Over the period under review, imports, however, saw a perceptible curtailment. The growth pace was the most rapid in 2017 with an increase of 12% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons) and Denmark (X tons) represented the major importers of pre-shave, shaving and after-shave preparations (excluding soap in blocks) in 2021, accounting for near 39% and 33% of total imports, respectively. Norway (X tons) took a 15% share (based on physical terms) of total imports, which put it in second place, followed by Finland (10%). Iceland (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iceland (with a CAGR of +8.9%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest shaving preparations importing markets in Scandinavia were Sweden ($X), Denmark ($X) and Norway ($X), with a combined 86% share of total imports. Finland and Iceland lagged somewhat behind, together comprising a further 14%.

In terms of the main importing countries, Iceland, with a CAGR of +5.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, which is down by -8.4% against the previous year. In general, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2014 an increase of 9%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+3.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform