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

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

In 2022, the Swedish market for shampoos, hair lacquers and other preparations decreased by -13.8% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021, and then dropped in the following year.

Production of Shampoos, Hair Lacquers And Other Preparations in Sweden

In value terms, production of shampoos, hair lacquers and other preparations dropped sharply to $X in 2022 estimated in export price. In general, production, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2013 with an increase of 65%. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Sweden

In 2022, overseas shipments of shampoos, hair lacquers and other preparations increased by 7.1% to X tons, rising for the fifth consecutive year after four years of decline. The total export volume increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when exports increased by 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of shampoos, hair lacquers and other preparations dropped to $X in 2022. Overall, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.1% against 2016 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 21% against the previous year. The exports peaked at $X in 2021, and then shrank slightly in the following year.

Exports by Country

Denmark (X tons), Norway (X tons) and Finland (X tons) were the main destinations of exports of shampoos, hair lacquers and other preparations from Sweden, together comprising 85% of total exports. The United States, Germany, the Netherlands and Poland lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +24.3%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Denmark ($X) and Finland ($X) appeared to be the largest markets for shampoo, hair lacquer and other preparations exported from Sweden worldwide, together comprising 79% of total exports. Germany, the United States, the Netherlands and Poland lagged somewhat behind, together accounting for a further 13%.

The Netherlands, with a CAGR of +23.4%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average export price for shampoos, hair lacquers and other preparations amounted to $X per ton, falling by -8.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 31% against the previous year. The export price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Denmark ($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 Poland (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Sweden

In 2022, after two years of growth, there was decline in supplies from abroad of shampoos, hair lacquers and other preparations, when their volume decreased by -4.1% to X tons. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 9.6% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, imports of shampoos, hair lacquers and other preparations reduced to $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Germany (X tons), Denmark (X tons) and France (X tons) were the main suppliers of imports of shampoos, hair lacquers and other preparations to Sweden, with a combined 66% share of total imports. Spain, the UK, Poland, the Netherlands, the United States and Norway lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +31.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and the UK ($X) appeared to be the largest shampoo, hair lacquer and other preparations suppliers to Sweden, with a combined 52% share of total imports. The United States, France, the Netherlands, Spain, Poland and Norway lagged somewhat behind, together comprising a further 37%.

In terms of the main suppliers, Spain, with a CAGR of +21.3%, 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

In 2022, the average import price for shampoos, hair lacquers and other preparations amounted to $X per ton, waning by -2% against the previous year. Over the period under review, the import price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 11%. As a result, import price attained the peak level of $X per ton, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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