Sudan: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in Sudan

The Sudanese hair lotion and preparation market surged to $X in 2021, with an increase of 19% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Hair Lotion and Preparation

Exports from Sudan

In 2021, the amount of hair lotion and preparation exported from Sudan contracted rapidly to X tons, with a decrease of -59.2% against the previous year. Overall, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2013 when exports increased by 449% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, hair lotion and preparation exports declined rapidly to $X in 2021. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when exports increased by 457% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Ethiopia (X tons) was the main destination for hair lotion and preparation exports from Sudan, accounting for a 90% share of total exports. Moreover, hair lotion and preparation exports to Ethiopia exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), more than tenfold. Canada (X kg) ranked third in terms of total exports with a 1.6% share.

From 2012 to 2021, the average annual growth rate of volume to Ethiopia stood at +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+76.4% per year) and Canada (-3.0% per year).

In value terms, Ethiopia ($X) remains the key foreign market for hair lotion and preparation exports from Sudan, comprising 87% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 3.7% share of total exports. It was followed by Canada, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value to Ethiopia totaled +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+24.1% per year) and Canada (-9.4% per year).

Export Prices by Country

In 2021, the average hair lotion and preparation export price amounted to $X per ton, declining by -30.1% against the previous year. Overall, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 23%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Nigeria ($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 Ethiopia (-2.2%), while the prices for the other major destinations experienced a decline.

Imports of Hair Lotion and Preparation

Imports into Sudan

Hair lotion and preparation imports into Sudan rose sharply to X tons in 2021, increasing by 9.9% compared with the year before. Overall, imports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2019 when imports increased by 124% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, hair lotion and preparation imports soared to $X in 2021. Over the period under review, imports recorded a slight expansion. The growth pace was the most rapid in 2019 with an increase of 176%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest hair lotion and preparation supplier to Sudan, with a 57% share of total imports. Moreover, hair lotion and preparation imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Ethiopia (X tons), sixfold. The Philippines (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Ethiopia (-18.5% per year) and the Philippines (+16.0% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of hair lotion and preparation to Sudan, comprising 64% of total imports. The second position in the ranking was taken by India ($X), with a 12% share of total imports. It was followed by Nigeria, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.5% per year) and Nigeria (+40.1% per year).

Import Prices by Country

The average hair lotion and preparation import price stood at $X per ton in 2021, increasing by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 23%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform