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

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

The Slovene market for shampoos, hair lacquers and other preparations declined significantly to $X in 2022, with a decrease of -35.3% against the previous year. Over the period under review, consumption recorded a noticeable descent. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in Slovenia

In value terms, production of shampoos, hair lacquers and other preparations shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 9.8%. Over the period under review, production of attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Slovenia

After three years of decline, shipments abroad of shampoos, hair lacquers and other preparations increased by 7.6% to X tons in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 14% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of shampoos, hair lacquers and other preparations rose notably to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2013 when exports increased by 11% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for exports of shampoos, hair lacquers and other preparations from Slovenia, accounting for a 27% share of total exports. Moreover, exports of shampoos, hair lacquers and other preparations to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold. The third position in this ranking was taken by Croatia (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+5.3% per year) and Croatia (+4.5% per year).

In value terms, Germany ($X) remains the key foreign market for shampoos, hair lacquers and other preparations exports from Slovenia, comprising 32% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an 11% share of total exports. It was followed by Croatia, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+0.3% per year) and Croatia (+1.1% per year).

Export Prices by Country

In 2022, the average export price for shampoos, hair lacquers and other preparations amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 6.4% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Ukraine ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Slovenia

In 2022, approx. X tons of shampoos, hair lacquers and other preparations were imported into Slovenia; increasing by 2.7% compared with 2021. Overall, imports, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2018 with an increase of 17% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations dropped to $X in 2022. Over the period under review, imports, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X tons), Germany (X tons) and France (X tons) were the main suppliers of imports of shampoos, hair lacquers and other preparations to Slovenia, with a combined 81% share of total imports. Croatia, Austria and the Netherlands lagged somewhat behind, together accounting for a further 8.6%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +18.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest shampoo, hair lacquer and other preparations suppliers to Slovenia were Italy ($X), Germany ($X) and France ($X), together comprising 62% of total imports. Croatia, the Netherlands and Austria lagged somewhat behind, together comprising a further 13%.

In terms of the main suppliers, the Netherlands, with a CAGR of +13.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, falling by -9.9% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for shampoos, hair lacquers and other preparations decreased by -15.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 32% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 Croatia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform