United Arab Emirates: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in the United Arab Emirates

After four years of decline, the hair lotion and preparation market in the United Arab Emirates increased by 146% to $X in 2021. Over the period under review, consumption enjoyed a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Hair Lotion and Preparation in the United Arab Emirates

In value terms, hair lotion and preparation production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 281% against the previous year. Hair lotion and preparation production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Hair Lotion and Preparation

Exports from the United Arab Emirates

In 2021, shipments abroad of hair lotion and preparation was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when exports increased by 40% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, hair lotion and preparation exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by 26% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Oman (X tons) and Kuwait (X tons) were the main destinations of hair lotion and preparation exports from the United Arab Emirates, together accounting for 59% of total exports. Jordan, the United States, Ethiopia, Kenya, the UK, France, Morocco and Pakistan lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +28.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hair lotion and preparation exported from the United Arab Emirates were Saudi Arabia ($X), Oman ($X) and Kuwait ($X), together comprising 68% of total exports. These countries were followed by Jordan, the United States, the UK, Morocco, Ethiopia, France, Kenya and Pakistan, which together accounted for a further 17%.

France, with a CAGR of +25.6%, saw 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

The average hair lotion and preparation export price stood at $X per ton in 2021, which is down by -10.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 45%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Kenya ($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 Qatar (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Lotion and Preparation

Imports into the United Arab Emirates

After four years of decline, supplies from abroad of hair lotion and preparation increased by 100% to X tons in 2021. Overall, imports posted a resilient expansion. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, hair lotion and preparation imports surged to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of hair lotion and preparation imports to the United Arab Emirates, together accounting for 24% of total imports. Germany, Indonesia, Pakistan, Spain, Thailand, China, the UK, France, the Netherlands and Belgium lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of +37.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United States ($X) and Germany ($X) were the largest hair lotion and preparation suppliers to the United Arab Emirates, with a combined 20% share of total imports. Italy, Indonesia, France, Thailand, the Netherlands, Spain, the UK, Pakistan, Belgium and China lagged somewhat behind, together comprising a further 33%.

Among the main suppliers, Pakistan, with a CAGR of +30.9%, recorded the highest rates of growth with regard to 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

The average hair lotion and preparation import price stood at $X per ton in 2021, increasing by 7% against the previous year. In general, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hair lotion and preparation import price increased by +61.1% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 18%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($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 (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform