Ukraine: Market for Preparations For Permanent Waving Or Straightening Of Hair 2024

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in Ukraine

The Ukrainian market for preparations for permanent waving or straightening of hair surged to $X in 2021, increasing by 145% against the previous year. Overall, consumption posted prominent growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Preparations For Permanent Waving Or Straightening Of Hair in Ukraine

In value terms, hair waving or straightening preparations production totaled $X in 2021 estimated in export price. Overall, production recorded prominent growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 182% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports from Ukraine

In 2021, overseas shipments of preparations for permanent waving or straightening of hair were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a abrupt contraction. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, hair waving or straightening preparations exports soared to $X in 2021. Over the period under review, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 124%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons) was the main destination for hair waving or straightening preparations exports from Ukraine, with a 70% share of total exports. Moreover, hair waving or straightening preparations exports to Belarus exceeded the volume sent to the second major destination, Russia (X tons), fourfold. Moldova (X kg) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to Belarus totaled +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+9.7% per year) and Moldova (-9.6% per year).

In value terms, Belarus ($X) remains the key foreign market for preparations for permanent waving or straightening of hair exports from Ukraine, comprising 65% of total exports. The second position in the ranking was held by Russia ($X), with a 21% share of total exports. It was followed by Moldova, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value to Belarus totaled +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+9.1% per year) and Moldova (-20.0% per year).

Export Prices by Country

In 2021, the average export price for preparations for permanent waving or straightening of hair amounted to $X per ton, rising by 8.2% against the previous year. Over the period under review, the export price, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2018 an increase of 62%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, the countries with the highest prices were Russia ($X per ton) and Moldova ($X per ton), while the average price for exports to Latvia ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+3.6%), while the prices for the other major destinations experienced a decline.

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports into Ukraine

In 2021, approx. X tons of preparations for permanent waving or straightening of hair were imported into Ukraine; with an increase of 23% compared with 2020 figures. In general, imports, however, saw a abrupt decline. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, hair waving or straightening preparations imports expanded sharply to $X in 2021. Overall, imports, however, continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2019 with an increase of 18%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Russia (X tons) and South Korea (X tons) were the main suppliers of hair waving or straightening preparations imports to Ukraine, with a combined 75% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +38.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of preparations for permanent waving or straightening of hair to Ukraine, comprising 56% of total imports. The second position in the ranking was held by Russia ($X), with an 11% share of total imports. It was followed by Germany, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-12.2% per year) and Germany (+4.9% per year).

Import Prices by Country

In 2021, the average import price for preparations for permanent waving or straightening of hair amounted to $X per ton, which is down by -14% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hair waving or straightening preparations import price increased by +22.1% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 42% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :