Ukraine: Hair Spray Market 2024

Hair Spray Market Size in Ukraine

The Ukrainian hair spray market contracted rapidly to $X in 2022, which is down by -37.2% against the previous year. Overall, consumption showed a deep setback. Hair spray consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hair Spray Production in Ukraine

In value terms, hair spray production fell significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a dramatic descent. The most prominent rate of growth was recorded in 2019 when the production volume decreased by -2.3% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Hair Spray Exports

Exports from Ukraine

In 2022, hair spray exports from Ukraine contracted remarkably to X tons, with a decrease of -19.1% compared with 2021 figures. Over the period under review, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 133%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, hair spray exports dropped to $X in 2022. Overall, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2017 when exports increased by 91% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Moldova (X tons) was the main destination for hair spray exports from Ukraine, accounting for a 88% share of total exports. Moreover, hair spray exports to Moldova exceeded the volume sent to the second major destination, Poland (X tons), ninefold. Lithuania (X kg) ranked third in terms of total exports with a 0.2% share.

From 2012 to 2022, the average annual growth rate of volume to Moldova totaled -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+36.4% per year) and Lithuania (-50.5% per year).

In value terms, Moldova ($X) remains the key foreign market for hair sprays exports from Ukraine, comprising 90% of total exports. The second position in the ranking was held by Poland ($X), with an 8.4% share of total exports. It was followed by Lithuania, with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Moldova totaled -6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+23.9% per year) and Lithuania (-52.1% per year).

Export Prices by Country

The average hair spray export price stood at $X per ton in 2022, surging by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 22%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Belarus ($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 Russia (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hair Spray Imports

Imports into Ukraine

Hair spray imports into Ukraine plummeted to X tons in 2022, waning by -39.5% on the previous year. Overall, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2016 with an increase of 11% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, hair spray imports contracted markedly to $X in 2022. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2017 when imports increased by 22%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main suppliers of hair spray imports to Ukraine, together comprising 80% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +11.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hair spray suppliers to Ukraine were Germany ($X), France ($X) and Italy ($X), together accounting for 82% of total imports. Turkey, Hungary, Poland, Russia and the Czech Republic lagged somewhat behind, together accounting for a further 17%.

Turkey, with a CAGR of +15.1%, recorded the highest growth rate of the value of imports, among the main suppliers 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 hair spray import price amounted to $X per ton, picking up by 5.4% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 an increase of 11%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 France ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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