Ukraine: Shaving Preparations Market 2024

Shaving Preparations Market Size in Ukraine

The Ukrainian shaving preparations market rose modestly to $X in 2021, growing by 2.5% against the previous year. Over the period under review, consumption, however, saw a abrupt slump. Shaving preparations consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Shaving Preparations Production in Ukraine

In value terms, shaving preparations production amounted to $X in 2021 estimated in export price. Over the period under review, production faced a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Shaving Preparations Exports

Exports from Ukraine

For the seventh consecutive year, Ukraine recorded growth in shipments abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks), which increased by 15% to X tons in 2021. Overall, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 52% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, shaving preparations exports soared to $X in 2021. Over the period under review, exports enjoyed moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of 62%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Latvia (X tons) was the main destination for shaving preparations exports from Ukraine, accounting for a 46% share of total exports. Moreover, shaving preparations exports to Latvia exceeded the volume sent to the second major destination, Belarus (X tons), fourfold. Russia (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume to Latvia stood at +21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+12.4% per year) and Russia (+6.3% per year).

In value terms, the largest markets for shaving preparations exported from Ukraine were Latvia ($X), Belarus ($X) and Russia ($X), with a combined 51% share of total exports.

Among the main countries of destination, Latvia, with a CAGR of +22.5%, saw 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 shaving preparations export price stood at $X per ton in 2021, rising by 34% against the previous year. In general, the export price, however, saw a deep contraction. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Belarus ($X per ton), while the average price for exports to Latvia ($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 Kyrgyzstan (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Shaving Preparations Imports

Imports into Ukraine

In 2021, purchases abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) decreased by -0.3% to X tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 when imports increased by 14%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, shaving preparations imports fell to $X in 2021. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 13% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Turkey (X tons) and the UK (X tons) were the main suppliers of shaving preparations imports to Ukraine, with a combined 86% share of total imports. Italy, France, Russia, Germany and Belgium lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +12.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X), the UK ($X) and Turkey ($X) were the largest shaving preparations suppliers to Ukraine, together comprising 77% of total imports. These countries were followed by France, Italy, Russia, Germany and Belgium, which together accounted for a further 17%.

Italy, with a CAGR of +14.2%, saw 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 2021, the average shaving preparations import price amounted to $X per ton, approximately reflecting the previous year. In general, the import price, however, recorded a perceptible decline. The growth pace was the most rapid in 2013 when the average import price increased by 12% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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