Slovakia: Hair Spray Market 2024

Hair Spray Market Size in Slovakia

The Slovak hair spray market declined to $X in 2022, which is down by -5.5% against the previous year. In general, consumption showed a mild shrinkage. Hair spray consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Hair Spray Production in Slovakia

In value terms, hair spray production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Hair spray production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Hair Spray Exports

Exports from Slovakia

In 2022, overseas shipments of hair sprays increased by 6.2% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, recorded a abrupt decline. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hair spray exports rose sharply to $X in 2022. Overall, exports, however, faced a abrupt descent. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons), Austria (X tons) and Romania (X tons) were the main destinations of hair spray exports from Slovakia, with a combined 78% share of total exports. Hungary, Croatia, Serbia, Poland and Germany lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +60.7%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Austria ($X) and Romania ($X) were the largest markets for hair spray exported from Slovakia worldwide, together comprising 79% of total exports.

Austria, with a CAGR of +56.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hair spray export price stood at $X per ton in 2022, picking up by 4.4% against the previous year. Over the period under review, the export price, however, continues to indicate a mild slump. The growth pace was the most rapid in 2019 an increase of 11% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Hungary ($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 Italy (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hair Spray Imports

Imports into Slovakia

In 2022, overseas purchases of hair sprays decreased by -1.9% to X tons, falling for the fourth year in a row after five years of growth. In general, imports showed a pronounced descent. The growth pace was the most rapid in 2017 when imports increased by 53%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, hair spray imports reached $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 52% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of hair spray to Slovakia, with a 78% share of total imports. Moreover, hair spray imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. Hungary (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+12.2% per year) and Hungary (+5.5% per year).

In value terms, Germany ($X) constituted the largest supplier of hair sprays to Slovakia, comprising 74% of total imports. The second position in the ranking was held by France ($X), with a 9.8% share of total imports. It was followed by the Czech Republic, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+16.1% per year) and the Czech Republic (-9.4% per year).

Import Prices by Country

The average hair spray import price stood at $X per ton in 2022, surging by 7.8% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2013 when the average import price increased by 52%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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