Spain: Market for Preparations For Permanent Waving Or Straightening Of Hair 2024

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in Spain

The Spanish market for preparations for permanent waving or straightening of hair contracted to $X in 2021, reducing by -9.9% against the previous year. In general, consumption, however, recorded a abrupt decline. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Preparations For Permanent Waving Or Straightening Of Hair in Spain

In value terms, hair waving or straightening preparations production reduced slightly to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 8.1%. Hair waving or straightening preparations production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports from Spain

In 2021, exports of preparations for permanent waving or straightening of hair from Spain rose significantly to X tons, surging by 5.3% on 2020. Over the period under review, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 43%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, hair waving or straightening preparations exports expanded slightly to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 23%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons), Italy (X tons) and the UK (X tons) were the main destinations of hair waving or straightening preparations exports from Spain, with a combined 44% share of total exports. These countries were followed by Germany, Portugal, Poland, Algeria, Morocco, the Netherlands, Colombia, Mexico, Peru and Greece, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +19.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hair waving or straightening preparations exported from Spain were France ($X), Portugal ($X) and the UK ($X), with a combined 42% share of total exports. Germany, Italy, Poland, Algeria, the Netherlands, Colombia, Mexico, Morocco, Greece and Peru lagged somewhat behind, together accounting for a further 42%.

In terms of the main countries of destination, Poland, with a CAGR of +23.7%, recorded the highest growth rate of 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 preparations for permanent waving or straightening of hair stood at $X per ton in 2021, shrinking by -2.1% against the previous year. In general, the export price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Portugal ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports into Spain

In 2021, approx. X tons of preparations for permanent waving or straightening of hair were imported into Spain; waning by -34.3% on the previous year. Over the period under review, imports saw a noticeable setback. The pace of growth appeared the most rapid in 2019 when imports increased by 109% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, hair waving or straightening preparations imports dropped rapidly to $X in 2021. In general, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 66%. Imports peaked at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

The Netherlands (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of hair waving or straightening preparations imports to Spain, with a combined 64% share of total imports. These countries were followed by Canada, Brazil, Portugal, Belgium, Peru, France, Poland and the UK, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +50.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hair waving or straightening preparations suppliers to Spain were the Netherlands ($X), Italy ($X) and Germany ($X), together accounting for 51% of total imports. Canada, Brazil, Portugal, Poland, France, Peru, Belgium and the UK lagged somewhat behind, together accounting for a further 44%.

Belgium, with a CAGR of +43.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 preparations for permanent waving or straightening of hair stood at $X per ton in 2021, growing by 29% against the previous year. In general, the import price showed strong growth. The growth pace was the most rapid in 2016 an increase of 41% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per ton), while the price for Belgium ($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 United Arab Emirates (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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