Sweden: Shaving Preparations Market 2024

Shaving Preparations Market Size in Sweden

In 2021, the Swedish shaving preparations market increased by 44% to $X, rising for the third year in a row after two years of decline. Overall, consumption continues to indicate a significant increase. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Shaving Preparations Production in Sweden

In value terms, shaving preparations production declined sharply to $X in 2021 estimated in export price. In general, production showed significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 462% against the previous year. Shaving preparations production peaked at $X in 2020, and then contracted markedly in the following year.

Shaving Preparations Exports

Exports from Sweden

In 2021, shipments abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) increased by 74% to X tons, rising for the second consecutive year after seven years of decline. Over the period under review, exports posted a tangible increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, shaving preparations exports dropped rapidly to $X in 2021. Overall, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 5.2% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark (X tons), Finland (X tons) and Norway (X tons) were the main destinations of shaving preparations exports from Sweden, with a combined 96% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +11.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for shaving preparations exported from Sweden were Norway ($X), Denmark ($X) and Finland ($X), with a combined 96% share of total exports.

Denmark, with a CAGR of -6.1%, 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 a decline.

Export Prices by Country

The average shaving preparations export price stood at $X per ton in 2021, shrinking by -53.1% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 7.2% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to Finland ($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 Norway (-4.3%), while the prices for the other major destinations experienced a decline.

Shaving Preparations Imports

Imports into Sweden

In 2021, after two years of decline, there was growth in overseas purchases of pre-shave, shaving and after-shave preparations (excluding soap in blocks), when their volume increased by 4.5% to X tons. Over the period under review, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by 9.8% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, shaving preparations imports amounted to $X in 2021. In general, imports, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2018 with an increase of 13% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest shaving preparations supplier to Sweden, with a 51% share of total imports. Moreover, shaving preparations imports from Belgium exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to +92.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-3.1% per year) and Italy (-9.0% per year).

In value terms, Belgium ($X) constituted the largest supplier of pre-shave, shaving and after-shave preparations (excluding soap in blocks) to Sweden, comprising 49% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9.3% share of total imports. It was followed by Denmark, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at +97.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.8% per year) and Denmark (-0.0% per year).

Import Prices by Country

In 2021, the average shaving preparations import price amounted to $X per ton, surging by 4.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($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 UK (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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